The deal brings the total number of islands sold on The World to 40 per cent, the statement said.
Irish developers John O’Dolan, Noel Connellan, Ray Norton and Andrew Brett, who jointly purchased “Ireland”, said they will develop a project called Ireland In The Sun – a 225,000-squarefoot resort with a collection of homes, apartments, restau rants and retail amidst beaches, boating and leisure opportunities.
“We are delighted that Ireland will be developed with a distinct Irish theme reflecting the culture and heritage of Ireland. These are the type of developments we welcome on The World,” said Hamza Mustafa, General Manager of The World.
In true Irish tradition, O’Dolan presented Mustafa with a bowl of shamrock, customary for Irish business people and diplomats, while standing on the island of “Ireland”.
“The World is one of the most innovative developments I have ever seen and I admire the vision that is behind this project. The islands are truly spectacular and we look for ward to developing Ireland, which will provide the Irish homeowners with their very own place they can call home in the sun,” O’Dolan said.
The World is a series of 300 manmade islands shaped to form the map of the world and is located 4km off the Dubai coast. The project measures approximately 9km in width and 7km in length. It covers more than 9.5 million square metres and is visible to the naked eye from space.
The World, whose sales are by invitation only, is now 92 per cent reclaimed, Nakheel’s statement said, with full reclamation for all islands and breakwaters expected to conclude on schedule by the end of 2008. Nine islands, including “Ireland”, have been sold so far this year.
[Via Emirates Today]
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