Multiple Dublin Fire Brigade engines and crews rushed to a hotel in Ballymun on Wednesday, March 21, after a fire started on the top floors.
There are up to 20 units battling the fire and nearby roads have been closed.
The hotel had been used as emergency accommodation for some of Dublin's homeless.
In the past the hotel has been used for emergency accomodation for the homeless, but Anthony Flynn of Inner City Helping Homeless has confirmed that no homeless families are now being accommodated there.
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He added: "The situation is that the top seven floors of the hotel are now on fire".
It is understood that the building has been evacuated since the fire erupted this evening.
Around 150 guests were staying in the hotel at the time, and all have been accounted for, along with all those living in the hotel.
The complex was built in 2006 and comprises 88 hotel rooms and 30 apartments.