Limitless launches $350m world island resort
Dubai, September 22, 2008
Limitless said on Monday the $350 million World Island Resort that it will create, own and operate will be showcased at Cityscape Dubai next month.
Limitless said the 10.5 hectare ultra luxury resort on a manmade island, 14km from the Dubai coastline, is the company's tenth project and the latest addition to its growing global portfolio, currently worth more than $100 billion.
The World Island Resort, which is on the north-east perimeter of The World development, will comprise 53 villas and water homes.
Among them, 23 privately-owned villas, ranging from 650 to 820 square metres, will be 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 they are not being used by their owners.
The hotel – the first of several luxury hotels planned by Limitless – will focus on health, wellness, relaxation, world-class cuisine and the arts.
It will feature a 2,000 square metre spa; an amenity building including specialty restaurants, art galleries, auction rooms, conference facilities and libraries; and luxurious accommodation in 30 villas or water homes.
At its heart will be a calming lagoon with water features and a social clubhouse. There will also be a reception suite on the Dubai mainland: residents will reach the island by a private boat.
Like all Limitless developments, World Island Resort is designed on a human scale, and will be constructed in line with international sustainability and environmental standards.
Saeed Ahmed Saeed, CEO of Limitless, said: "In delivering World Island Resort we will draw on our expertise in waterfront development and the creation of distinctive projects that enhance and enrich people’s lives.
"World Island Resort will set a new global benchmark in the design and operation of luxury resorts. It is the flagship for Limitless’ waterfront hospitality developments and the launch pad for a range of high-end hotels we are planning in other waterfront and city locations."
Construction will begin towards the end of 2008, with completion in around two years.
World Island Resort can be seen at the Limitless stand (ZJ20) at Cityscape Dubai 2008. Limitless will also display nine other projects: Arabian Canal and Downtown Jebel Ali (UAE); Sanaya Amman (Jordan); Al Wasl (Saudi Arabia); Khimki Region (Russia); Bidadi (India); Puteri Harbour and Malaysia International Halal Park (Malaysia) and Halong Star (Vietnam). - TradeArabia News Service