The World development, by Dubai-based major real estate developer Nakheel, consists of 300 artificially constructed islands making up a 300,000 square foot archipelago on the Gulf Ocean. The islands are located 100 metres apart from each other.
Dubai World Islands
The entire development is for mixed-use, but with separated regions for a variety of purposes. With several island types, the project offers more potential for investors, developers and end-users. The island types available at The World development includes low density, mid to high density, resort and commercial islands.
Dubai World - The Making
The low density islands are located on the master planned development's circumference, offering privacy and access for large vessels. Ideal residential, mixed use communities, commercial and retail developments for family living are the focus of the mid to high density islands. The resort islands are dedicated for the best hotel and resort developments, based around the marinas for a variety of holidaying options. A group of retail outlets, dining options and leisure facilities are offered at the commercial islands. All of the islands are accessible through a series of canals and ships up to 200 feet in height can navigate these canals.
Dubai World Oasis
The year 2008 has seen the beginning of construction on some of The World's islands and 90% of the land has already been reclaimed. Over 50% of The World development is already sold out, with celebrities, corporate tycoons and sub-developers investing heavily on this man-made marvel.
Amazing Dubai World Island
The first developed island, located in the mini Arctic, was gifted by Sheikh Mohammed to seven-time Formula One winner Micheal Schumacher in October 2006. Many world sports icons and Hollywood stars are rumored to be owners of several other islands, although most of it's speculation and not yet confirmed by the main developers. In October 2007, the Shanghai Island was bought by Chinese businessman, Bin Hu, for $28 million and he is expected to place a bid for the remaining five representations of China, including Macao, Huainan, Beijing, Nanjing and Hong Kong.
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