List of developments of The World (archipelago) explained

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:

IslandsOwnersCostProject nameConstruction startedConstruction end (expected)
1AntarcticaDubai Multi Commodities CentrePearls of Arabia[4] Feb 20082010
2Asia, NorthVC Bank (developer World Development Co.)AED 1.5 BillionVC Bank resort[5] May 20082010
3AustraliaInvestment Dar, Kuwait (14 islands)USD 3.5 BillionOQYANA[6] [7] Apr 2005
4AustriaJosef Kleindienst / Kleindienst Group, AustriaHeart of Europe[8] [9]
5BeijingBin Hu, China
6BruneiSalya CorporationAED 1.2 BillionFTV resort[10] Apr 20082011
7CanadaNakheel Properties, (20 islands)Coral IslandMay 20072010
8ChinaOasis GroupLynncoln World Island ResortJul 20082010
9EcuadorACI Real Estate (Germany)AED 2 BillionLeisure ResortFeb 2008
10Ethiopia
11FinlandSalya CorporationAED 1.2 BillionFTV Palace[11] Apr 20082011
12FranceSelect Group Select Property JVAED 5.5 BillionAquitainia[12] Jun 20082013
13GermanyKleindienst GroupHeart of EuropeFebruary 2010
14Great BritainSafMus HoldingsBritain The World[13] 2014
15GreeceBaron Jean van Gysel de MeiseUSD 260 MillionV.Greece[14] Aug 20072010
16GreenlandSheikh Mohammed / NakheelVillas
17GreenlandDubai Infinity Holdings (designer Karl Lagerfeld)Isla Moda (Fashion Island)Jan 20082012
18GreenlandNakheelOne & Only Hotel Resort
19Hong KongBin Hu, China
20HuainanOasis GroupOasis resort DubaiNov 2008
21IrelandLarionovo, IrelandAED 142 Million[15] [16] Ireland in the Sun
22Kazakhstantars Dome RealtyPangkor Laut20072012
23MacaoBin Hu, China
24MalaysiaHarshit KantariaIsola di Portofino
25MoscowSafMus HoldingsMoscow The World20072015
26NanjingBin Hu, China
27NetherlandsKleindienst GroupHeart of EuropeDecember 2009
28New ZealandInvestment Dar, Kuwait (14 islands)USD 3.5 BillionOQYANAApr 2005
29Novaya ZemlyaCinnovation Group, SingaporeUSD 200 MillionNova Island Resort & SpaFeb 2008
30OrenburgPerseus Property ManagementPerseus Resort20052010
31RostovPerseus Property ManagementPerseus Resort20052010
32ShanghaiMr Bin Hu, Zhongzhou International PresidentHotel resort & villasOct 2007
33SiberiaLimitlessUSD 350 MillionWorld Island ResortSep 20082010
34SiberiaPearl DubaiArchangel2008
35SomaliaOpulence HoldingsAED 1 BillionJal AashwaNov 2007
36SpainSelect Group / Select Property JVAED 5.5 BillionAquitaniaJun 20082013
37South AmericaSeven Tides InternationalAnantara World Islands Resort
38UkraineKleindienst GroupHeart of Europe
39SumatraHarshit KantariaIsola di Portifino
40SwedenKleindienst GroupHeart of Europe
41SwitzerlandKleindienst GroupHeart of Europe
42ThailandProfile Real Estate, DubaiUSD 110 MillionJasmine GardensSep 20062011
43TurkeyGünal Insaat / MNG HoldingTurkey, The WorldJun 2008
44ScotlandCJV Associates Bonnie AlbaFeb 2020

External links

Notes and References

  1. News: 'The World' is sinking. 28 January 2011. The Age. 28 January 2011.
  2. News: Edgar Online. Did you know there's a Michael Schumacher island in Dubai?. 7 November 2017. 14 January 2016.
  3. Web site: The World islands Dubai.
  4. http://www.desertspeak.com/viewtopic.php?t=560
  5. http://www.desertspeak.com/viewtopic.php?t=633
  6. Web site: Oqyana Real Estate.
  7. Web site: Kuwait's Investment Dar airs new $2.7 bln debt plan with creditors. .
  8. Web site: The Kleindienst Group. 8 March 2017 .
  9. Web site: May 8, 2021. Dubai's World Islands developer says Heart of Europe project will open to public later this year.
  10. http://www.desertspeak.com/viewtopic.php?t=623
  11. http://www.desertspeak.com/viewtopic.php?t=624
  12. http://www.desertspeak.com/viewtopic.php?t=676
  13. http://www.desertspeak.com/viewtopic.php?t=1084
  14. http://www.desertspeak.com/viewtopic.php?t=558
  15. News: Hartley. Joanna. Owner of Ireland on The World 'takes his own life'. 2019-09-30. Arabian Business. 3 March 2009 . en.
  16. Web site: 2009-03-04. Second Irish property investor kills himself over financial problems. 2019-09-30. PropertyWire. en-GB.