a city called monday a 690 - meter - tall , 133 - story multifunctional skyscraper will be constructed in sangam - dong . once built , it will be the second top after the 800 - story - top burj dubai , which is under construction , by south asian developer samsung c & t . the tower will cost more than 3 . 3 trillion won ( $ 2 . 37 million ) , the city estimates . to attract funds , 23 local developers signing an mou at a seoul tourist monday with seoul mayor oh se - hoon attending . " the landmark construction will help make seoul more attractive and become a new tourist attraction here , " ok said . the multifunctional tower will have hotels , offices , office retailers , events space and various recreational facilities including an auditorium and movie palaces .
The highest skyscraper in the world is being built in Dubai.