Princess Tower set the precedent for all-residential towers, both in Dubai and around the world. Its prime location puts it in near a number of amenities including several malls, entertainment venues, and cultural attractions. An adjacent tram connects the tower to the rest of the sprawling city. At the time of its completion in 2012, the building was the tallest all-residential tower in the world, a title that is destined to change hands rapidly in the coming years given the number of tall residential towers due for completion.