The World Islands
Located off the coast of Jumeirah, you will find The World Islands. These islands is a project, which is largely unfinished. These islands were supposed to be made attractive to tourists who would like to enjoy their vacation in pure luxury, but unfortunately many islands remain undeveloped for now.
General information
The World Islands in Dubai are unique and ambitious projects consisting of a collection of 300 islands arranged in the shape of a world map. Developed by Nakheel Properties, the project is located approximately 4 kilometers off the coast of Dubai. The islands vary in size and are intended for both residential and commercial purposes, including luxury villas, hotels, and recreational facilities.
Construction of The World Islands began in 2003, but was delayed by the 2008 global economic crisis. Despite the setbacks, several islands have been developed, such as “Lebanon Island” which serves as an event venue and “Heart of Europe,” a cluster of islands with European theming and luxury amenities.
What makes The World Islands so special is not only the scale and ambition of the project, but also the technical challenges involved in the construction and maintenance of artificial islands in the sea. Development of the islands involves advanced techniques for land reclamation, erosion protection and environmental conservation.
Although progress on the project is stalling, with some islands still awaiting development, the World Islands remain a symbol of Dubai's bold vision to position itself as a leading destination for innovation and luxury in global tourism and real estate.
ROI and capital appreciation
The returns and increases in value on The World islands could have been very good. This is because of the unique aspect and waterfront living. But unfortunately, the islands have not proven to be self-sufficient and that is partly why the development is stalling. The villas that will be built will generate the best ROIs in this area. It is recommended that the properties be rented out short-term. The villas are expected to be sold from € 2,000,000.
Off-plan
New construction in this region will experience an increase in value between 10% and 20% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 4% and 6%. After completion, the increase in value in this region will be around 5% per year.
Ready built
Existing construction in this region will experience an increase in value around 5% per year.