Business | Property
Limitless unveils exclusive World Island Resort 14km off Dubai's coastline
Limitless is to create, own and operate a $350 million, 10.5 hectare ultra luxury resort on a man-made island 14 kilometres off Dubai's coastline, the company announced on Monday.
- Staff Report
- Published: 18:03 September 22, 2008
- Image Credit: Supplied Picture
- Limitless is to create, own and operate a $350 million, 10.5 hectare ultra luxury resort.
Dubai: Limitless is to create, own and operate a $350 million, 10.5 hectare ultra luxury resort on a man-made island 14 kilometres off Dubai's coastline, the company announced on Monday.
World Island Resort on the northeast perimeter of The World development is the 10th project for Limitless and the latest addition to its growing global portfolio, currently worth more than $100 billion. It will be showcased at Cityscape Dubai next month.
World Island Resort will comprise 53 villas and water homes. Among them, 23 privately owned villas, ranging from 650 to 820 square metres, offered for sale by invitation.
Each will have a beachfront location or sea frontage with a private jetty, summerhouse and mooring facilities, and will come with its own spa treatment room, swimming pool, rooftop garden with outdoor kitchen, landscaped ground level garden overlooking the sea and internal elevator.
The villas will be serviced by the hotel and can be leased back to the hotel when their owners are not using them.
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
