Here’s a couple of interesting real estate developments off the coast of Dubai in the United Arab Emirates. Very unique…
The World Islands—The World Islands are a collection of man-made islands shaped into the continents of the world, located of the coast of Dubai in the United Arab Emirates. It will consist of 300 small private artificial islands divided into four categories – private homes, estate homes, dream resorts, and community islands. Prices begin at 6.5million US.
The Palm Islands—Each of the islands (Palm Jumeirah, Palm Jebel Ali, and Palm Deira) are being built in the shape of a date palm tree and consist of a trunk, a crown with fronds, and are surrounded by a crescent island that acts as a breakwater. The islands will support luxury hotels, freehold residential villas, unique water homes, shoreline apartments, marinas, water theme parks, restaurants, shopping malls, sports facilities, health spas, cinemas and various diving sites.
The Phoenix Real Estate Guy was started by Jay Thompson, and I have a little blogging problem... he liked to say...
btw the even sunk 2 aircrafts to create an artificial reef as well,
what do you think about the recent claims that the palm might cause pollution issues ??
there seems to be no limits to what developers "dream" to build in Dubai. The trend is that their market should grow 10% for this year, while we have terrible predictions for us over in the US and UK. I've checked some other plans of buildings and it really seems like they're building a futuristic vision of the world in the present time. It is really amazing. Ras Al Khaimah (news on link), which is like becoming an extension of Dubai (so the growth is such that it's appending near smaller places!), is now target to more property developments such as these. It is really awesome! I wonder why predictions there are so positive while US/UK news on the same markets only gets gloomier and gloomier….
Thanks for the interesting post. I was passing the time at work when i came across this. I plan on visiting your site again.
I have had the opportunity to witness a model of part of Dubai and it looks out of this world, almost unreal I cannot wait to visit.
The islands are beautiful, although now lot of people selling their property for "very cheap", and many future projects are postponed because of economy.