The World is an archipelago of artificial islands, shaped like the continents of the Earth, being constructed off the coast of Dubai. The project is inspired by the artificial Palm Islands also being built in Dubai. The World will consist of 250 to 300 smaller private artificial islands divided into four categories — private homes, estate homes, dream resorts, and community islands. The entire project is slated for completion in 2008. Development has already started on The World, the northern-most breakwater and several unlandscaped islands visible on Google Earth. There will be numerous marinas scattered around the area to shelter and service boats.(Source Wikipedia)
The World was serviced by four major transportation hubs linked by waterways. Land parcels are zoned for various uses: estate, mid density, high density, resorts and commercial.[8] A Dubai Infinity Holdings construction planner has stated that developers have been negotiating with Nakheel about temporary siting of a cement batching plant on one of the islands to supply subdivided construction.[9]
Utilities are routed underwater, with water plants at each of the hubs pumping fresh water to the islands. Power is supplied by the Dubai Grid and distributed through underwater cables. Waste water and refuse systems are an individual concern for each island.[8]
Nakheel Group is itself further developing a resort named Coral Island over 20 islands that make up the North American part of The World. The low-rise development will include a marina and hotel village.[10] The second largest confirmed development is the purchase of 14 islands that make up Australia and New Zealand by Investment Dar of Kuwait. The islands are being terraformed to be developed as a resort named OQYANA.[11] Irish business consortium Larionovo had plans to develop the Ireland island into an Irish-themed resort.[12] The plans include a large internal marina, apartments and villas, a gym, hotel, and an Irish-themed pub. In July 2007 it was announced that the Ireland Island would feature a recreation of Northern Ireland's Giants Causeway. However on 25 November 2008 a provisional liquidator was appointed to Larionovo.[13]
In April 2008, Salya Corporation announced that it had acquired the islands of Finland and Brunei in The World and planned to develop them into fashion-themed resorts. Salya spent about Dh800 million ($218 million USD) to purchase the islands and plans to spend a further Dh2.4 billion ($654 million USD) on development. Brunei Island will be turned into a Fashion TV resort and Finland Island will be turned into a fashion community called FTV palace.[14]
The islands of Great Britain and Moscow on The World were acquired by Premier Real Estate Bureau in the Summer of 2008. The news was leaked in a Daily Mail article of January 2009, refuting claims that Great Britain was owned by Irish investor John Dolan, Richard Branson or Rod Stewart.[15] Safi Qurashi, the multi-millionaire entrepreneur at the head of Premier and his business partner Mustafa Nagri, paid an estimated $64 million USD for the 11-acre (45,000 m2) piece of land. Premier are planning to build a sustainable community on the island.
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