As an archipelago of 300 manmade islands, The World Dubai is perhaps Nakheel's most extravagant project to date. Dubai’s largest freehold property developer is known for creating innovative and unique property concepts, and The World in Dubai is set to become another icon for the city of Dubai and the most exclusive piece of real estate you can own.
These islands are located just off the shore of Jumeirah beach, and have been constructed using similar techniques to Nakheel's other popular island developments, the Palm Jumeirah and the Palm Jebel Ali. With an interesting property portfolio including, The Palm Trilogy, Jumeirah Islands, International City and the upcoming Dubai Waterfront, The World UAE is yet another addition to Nakheel’s collection of exclusive Dubai freehold property.
The islands are arranged to form a map of the globe, with obvious interest from wealthy businessmen, celebrities and even royalty to purchase key islands that represent a specific country. Most recently, the island of Greece was sold to an anonymous bidder for $15.5 million dollars. The islands cost anything between $15 million to $50 million depending on size and location, but obviously, these islands only cater to the super-rich. With the placement of infrastructure being left to the buyers, whoever does purchase an island here gets to choose what they want to put on it, which has led to the islands being pursued for tourism purposes as well as residential.
The World is set to be a tough competitor to Dubai’s other ultra wealthy development, Emirates Hills by Emaar. While this project is currently the top place to be if you have the money, and offers property buyers the choice of design, build and specifications, the sheer fact that The World Islands offer exclusivity like no other will make them a more appealing development.
The only forms of transport to the islands are by seaplane or by boat, restricting the access to residents or authorized visitors; it is this unique selling point that has led to over 60% of the islands being sold already. The World is expected to feature numerous luxury resorts, which should prove popular in Dubai, where tourism is a thriving sector.
The chance to own your own island is an idea that can only be realized in few parts of the world, and despite the expense, Dubai is now one of those places.
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