The World
Nakheel in talks with banks to help out The World developers
Nakheel is currently in talks with banks regarding the financial situation of several developers at The World, hoping to kick-start the development, according to The National. The construction of the 254 articial islands has cost Nakheel more than Dh11bn, and many of the developers are now experiencing...
Emaar Properties wins Best Developer in MENA region at Euromoney Liquid Real Estate Awards
UAE’s Emaar Properties, the global property developer, has been adjudged Best Developer in the Middle East and North Africa (MENA) region at the Euromoney Liquid Real Estate Awards. Emaar won six awards in all, including awards for Best Developer in the UAE, and for Best Residential and Best Mixed-Use...
Limitless launches US$350 Million World Island Resort
Limitless is to create, own and operate a US$350 million, 10.5 hectare ultra luxury resort on a manmade island 14km from the Dubai coastline, the company announced today (Monday). World Island Resort – on the north-east perimeter of The World development – is the tenth project for Limitless...
Venture Capital Bank awards D51 Island architecture and development to dxb-lab
Venture Capital Bank has granted the architecture and development of D51 Island in The World project by Nakheel to dxb-lab Architecture. Nakheel has approved the preliminary designs. Mr. Khalid Abdul-Karim, Chief Investment Officer of Real Estate at Venture Capital Bank commented “Among many architect...
