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.
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