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Al Nakheel Properties (Nakheel Corp), have done it
again expanding their portfolio of man-made islands with this latest
Dubai island project shaped like the continents of the world. The World
will consist of between 250 to 300 smaller private artifical islands
divided into four categories - private homes, estate homes, dream
resorts, and community islands. Each island will range from 250,000 to
900,000 square feet in size, with 50 to 100 metres of water between
each island. The development is to cover an area of 9 kilometers in
length and 6 kilometers in width, surrounded by an oval shaped
breakwater. The only means of transportation between the islands will
be by marine transport.
Construction
has begun on the $US 1.8 billion project which is set to be completed
by the end of 2005. It will be located 4 kilometers off the shore of
Jumeirah, close to the The Palm Jumeirah, between Burj Al Arab and Port
Rashid of Dubai, United Arab Emirates (UAE). Each island will be sold
to selected private developers and are expected to have pricing
beginning at Dhs. 25 million (US$ 6.85 million).
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