Showing posts with label dubai world. Show all posts
Showing posts with label dubai world. Show all posts

Sunday, October 5, 2008

Dubai Islands - Themes & Dreams – The World

Dubai Islands - Themes & Dreams – The World

The World development on Dubai's ocean has peaked a lot of interest from investors and developers alike and with the development's completion in early 2008, the islands of The World are now ready to be developed into anything a particular buyer wishes it to be. Over 50% of the archipelago's islands are sold out at the moment, with more sales within vicinity.

The majority of buyers are corporate developers and world-renowned figures, who intend to develop these private islands into their own sanctuaries in a multitude of ways. However, the general consensus is, the islands will retain their original intended themes, while still adhering to the owners' wishes.

The mega project's master developer, Nakheel, has claimed that there'll be a balance between how private owners and commercial investors 'redo' their islands and how they keep the original idea intact as well. Possible commercial ventures include themed islands, such as a tropical rain forest eco-island, a history resort with a medieval castle and a culinary island for presenting international cuisine.
There are confirmed reports of several themed developments on The World islands. Irish business consortium Larionovo is reported to be developing the Ireland section into an Irish-themed resort, including a number of apartments, villas and luxury leisure facilities. It's also expected to have a recreation of Northern Ireland's Giants Causeway. An island on the Antarctica region will be developed by the Dubai Multi Commodities Centre as a 6000 square metre pearling and marine entertainment centre.

In April 2008, the Salya Corporation purchased Finland and Brunei for US$218 million, with the aim of further developing the islands into fashion-themed resorts based on FTV concepts. A Fashion TV resort will be built in Brunei, while Finland will be developed into the FTV Palace, a fashion community. An Irish group of investors led by John O'Dolan has purchased the England region in September 2008, although the exact development plans are not confirmed yet.

Monday, September 22, 2008

Dubai Islands Geographical Development – The World Islands

Dubai Islands presents Geographical Development – The World Islands

The World project in Dubai is redrawing the actual world map, adding 300 small islands into the Gulf Ocean and developing these man-made islands into luxury property holds meant for an exclusive clientèle. Each island ranges from five to twenty acres and is named after a country, region or major city. However, the archipelago does not rely heavily on boundaries, both in terms of politics and geography.
Dubai World

The World development's current status shows the American, European, African and Asian continents in a more broader perspective than just national borders and political pettiness. England is loosely subsumed into the UK, and so is Ireland, which is likely to raise a few eyebrows. The Middle East lacks Israel and Palestine, perhaps as a way of showing the widespread disapproval harbored by the rulers of the United Arab Emirates and most other Arab nations. Developers have reassured the geographically missing regions are not part of any deliberate motion to provoke any political issues.
Dubai World Construction

Although the geography is not exactly as we know it, this new 'World' will still consist of developments related to the specific region, country or city each of its named after. Investors are encouraged to follow this design pattern when they develop their sections of The World. There's a lot of creative freedom provided for the sub-developers, but the primary developer, Nakheel, believes keeping with the theme would be ideal. In other words, an investor who buys up Mexico would probably not be permitted to create a Chinese history themed project within the property.
Dubai World - Island Villa

Each island is sold for a price between $15 and $225 million (USD) and the high price range ensures these islands are only bought by the world's richest people. Some of the existing investors include F1 winner Micheal Schumacher, British stars Rod Stewart and David Beckham, celebrities Brad Pitt and Angelina Jolie, as well as several corporate groups interested in developing the islands further.
Amazing Dubai World Island