Dubai’s Ambitious Island Project Continues

February 6, 2009
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Dubai Real Estate Market

Humans have once again proven their ingenuity and brilliance. They proved it this time with the creation of a 300-island resort right at the Arabian Gulf in Dubai. It seems that the Emirates is not feeling the economic pinch as its government is pushing for the realization of  such an ambitious project which can only be found in Dubai.

Imagine its project name, “The World”! At the helm of this new world creation is Nakheel Properties which is a company owned by the Emirates government. Each island of The World is up for sale but per invitation only. But it’s worth the $15 million to $50 million you are investing to be able to buy any of the islands wits sizes ranging from 150,000 square feet to 450,000 square feet.

How is it built? Info says that developers are using truckloads of 34 million tons of rock and more than 300 million cubic meters of sand. You can just imagine how many workers have been hired from all over the world by the Emirates just to create The World by the Arabian Gulf.

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