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List of developments of The World (archipelago)

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An island with model homes on the westernmost edge of the "Greenland" group.
The World islands map, annotated with existing developments as of 2014

These are some of the developments which were scheduled for construction on various islands of The World in Dubai, United Arab Emirates. However the construction was halted due to the Financial crisis of 2007–2010,[1] except for one island gifted to race car driver Michael Schumacher by the ruler of Dubai, Mohammed bin Rashid Al Maktoum.[2]

Islands on The World were intended to fall into several categories:

  • Low density: residential islands
  • Medium and high density: residential areas.
  • Resorts: mainly hotels and resorts.
  • Commercial: shopping, entertainment, restaurants, cafes
  • Transportation: hubs for transportation by boat to mainland Dubai.[3]
Islands Owners Cost Project name Construction started Construction end (expected)
1 Antarctica Dubai Multi Commodities Centre Pearls of Arabia[4] Feb 2008 2010
2 Asia, North VC Bank (developer World Development Co.) AED 1.5 Billion VC Bank resort[5] May 2008 2010
3 Australia Investment Dar, Kuwait (14 islands) USD 3.5 Billion OQYANA[6][7] Apr 2005
4 Austria Josef Kleindienst / Kleindienst Group, Austria Heart of Europe[8][9]
5 Beijing Bin Hu, China
6 Brunei Salya Corporation AED 1.2 Billion FTV resort[10] Apr 2008 2011
7 Canada Nakheel Properties, (20 islands) Coral Island May 2007 2010
8 China Oasis Group Lynncoln World Island Resort Jul 2008 2010
9 Ecuador ACI Real Estate (Germany) AED 2 Billion Leisure Resort Feb 2008
10 Ethiopia
11 Finland Salya Corporation AED 1.2 Billion FTV Palace[11] Apr 2008 2011
12 France Select Group Select Property JV AED 5.5 Billion Aquitainia[12] Jun 2008 2013
13 Germany Kleindienst Group Heart of Europe February 2010
14 Great Britain SafMus Holdings Britain The World[13] 2014
15 Greece Baron Jean van Gysel de Meise USD 260 Million V.Greece[14] Aug 2007 2010
16 Greenland Sheikh Mohammed / Nakheel Villas
17 Greenland Dubai Infinity Holdings (designer Karl Lagerfeld) Isla Moda (Fashion Island) Jan 2008 2012
18 Greenland Nakheel One & Only Hotel Resort
19 Hong Kong Bin Hu, China
20 Huainan Oasis Group Oasis resort Dubai Nov 2008
21 Ireland Larionovo, Ireland AED 142 Million[15][16] Ireland in the Sun
22 Kazakhstan tars Dome Realty Pangkor Laut 2007 2012
23 Macao Bin Hu, China
24 Malaysia Harshit Kantaria Isola di Portofino
25 Moscow SafMus Holdings Moscow The World 2007 2015
26 Nanjing Bin Hu, China
27 Netherlands Kleindienst Group Heart of Europe December 2009
28 New Zealand Investment Dar, Kuwait (14 islands) USD 3.5 Billion OQYANA Apr 2005
29 Novaya Zemlya Cinnovation Group, Singapore USD 200 Million Nova Island Resort & Spa Feb 2008
30 Orenburg Perseus Property Management Perseus Resort 2005 2010
31 Rostov Perseus Property Management Perseus Resort 2005 2010
32 Shanghai Mr Bin Hu, Zhongzhou International President Hotel resort & villas Oct 2007
33 Siberia Limitless USD 350 Million World Island Resort Sep 2008 2010
34 Siberia Pearl Dubai Archangel 2008
35 Somalia Opulence Holdings AED 1 Billion Jal Aashwa Nov 2007
36 Spain Select Group / Select Property JV AED 5.5 Billion Aquitania Jun 2008 2013
37 South America Seven Tides International Anantara World Islands Resort
38 Ukraine Kleindienst Group Heart of Europe
39 Sumatra Harshit Kantaria Isola di Portifino
40 Sweden Kleindienst Group Heart of Europe
41 Switzerland Kleindienst Group Heart of Europe
42 Thailand Profile Real Estate, Dubai USD 110 Million Jasmine Gardens Sep 2006 2011
43 Turkey Günal Insaat / MNG Holding Turkey, The World Jun 2008
44 Scotland CJV Associates Bonnie Alba Feb 2020

References

[edit]
  1. ^ "'The World' is sinking". The Age. 28 January 2011. Retrieved 28 January 2011.
  2. ^ "Did you know there's a Michael Schumacher island in Dubai?". Edgar Online. 14 January 2016. Archived from the original on 21 October 2021. Retrieved 7 November 2017.
  3. ^ "The World islands Dubai".
  4. ^ "Archived copy". Archived from the original on 2020-02-21. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  5. ^ "Archived copy". Archived from the original on 2020-02-21. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ "Oqyana Real Estate".Retrieved 2023-02-11.
  7. ^ "Kuwait's Investment Dar airs new $2.7 bln debt plan with creditors". Reuters.Retrieved 2023-02-11.
  8. ^ "The Kleindienst Group". 8 March 2017.Retrieved 2023-02-11.
  9. ^ "Dubai's World Islands developer says Heart of Europe project will open to public later this year". May 8, 2021.Retrieved 2023-02-11.
  10. ^ "Archived copy". Archived from the original on 2020-02-21. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  11. ^ "Archived copy". Archived from the original on 2020-09-19. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  12. ^ "Archived copy". Archived from the original on 2020-02-01. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  13. ^ "Archived copy". Archived from the original on 2020-02-21. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  14. ^ "Archived copy". Archived from the original on 2020-02-21. Retrieved 2010-03-02.{{cite web}}: CS1 maint: archived copy as title (link)
  15. ^ Hartley, Joanna (3 March 2009). "Owner of Ireland on The World 'takes his own life'". Arabian Business. Retrieved 2019-09-30.
  16. ^ "Second Irish property investor kills himself over financial problems". PropertyWire. 2009-03-04. Retrieved 2019-09-30.
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