• PROPERTYEPORTAL HOUSE PRICE INDEX
    March 2020
  •   -1.3%
    Monthly Change
  •   -6.7%
    Annual Change
  • Palm Jumeirah
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Motor City
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • Jumeirah Golf Estates
  •   -0.04%
    Monthly Change
  •   -0.5%
    Annual Change
  • Jumeirah Village Circle
  •   -0.04%
    Monthly Change
  •   -0.3%
    Annual Change
  • Jumeirah Beach Residence
  •   -0.017%
    Monthly Change
  •   -0.2%
    Annual Change
  • Jumeirah Lakes Towers
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • Jumeirah Park
  •   -0.03%
    Monthly Change
  •   -0.3%
    Annual Change
  • Jumeirah Islands
  •   +0.03%
    Monthly Change
  •   +0.3%
    Annual Change
  • International City
  •   +0.03%
    Monthly Change
  •   +0.2%
    Annual Change
  • IMPZ
  •   -0.03%
    Monthly Change
  •   -0.3%
    Annual Change
  • Emirates Living
  •   +0.04%
    Monthly Change
  •   +0.3%
    Annual Change
  • Dubai Silicon Oasis
  •   -0.09%
    Monthly Change
  •   -1.1%
    Annual Change
  • Dubai Sports City
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Dubai Marina
  •   +0.09%
    Monthly Change
  •   +0.1%
    Annual Change
  • Dubai Land
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Dubai Investments Park
  •   -0.12%
    Monthly Change
  •   -1.4%
    Annual Change
  • Dubai Festival City
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • DIFC
  •   -0.075%
    Monthly Change
  •   -0.9%
    Annual Change
  • Downtown Burj Khalifa
  •   -0.05%
    Monthly Change
  •   -0.6%
    Annual Change
  • Discovery Gardens
  •   +0.03%
    Monthly Change
  •   +0.2%
    Annual Change
  • Business Bay
  •   -0.09%
    Monthly Change
  •   -0.1%
    Annual Change
  • Barsha Heights (TECOM)
  •   -0.02%
    Monthly Change
  •   -0.2%
    Annual Change
  • Arabian Ranches
  •   -0.1%
    Monthly Change
  •   -1.2%
    Annual Change
  • Al Furjan
  •   -0.09%
    Monthly Change
  •   -1.1%
    Annual Change

The World Islands

About The World Islands

The World or The World Islands, is an artificial archipelago of small islands constructed in the shape of a world map, located in the waters of the Persian Gulf, 4.0 kilometres (2.5 mi) off the coast of Dubai, United Arab Emirates. The World islands are composed mainly of sand dredged from Dubai's shallow coastal waters, and is one of several artificial island developments in Dubai. The World's developer is Nakheel Properties, and the project was originally conceived by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai. The construction was done by two Dutch (joint venture) specialist companies, Van Oord and Boskalis. Construction of the 300 islands began in 2003, only to halt due to the 2008 financial crisis. Though 60 percent of the islands were sold to private contractors in 2008, development on most of the islands has failed to initiate. As of July 2012, Lebanon Island was developed and was the only island that had so far been developed commercially, being used for private corporate events and public parties. As of late 2013, only two of the islands had been developed. In January 2014, Kleindienst Group announced the launch of "The Heart of Europe" project; by February 2014, one of Kleindienst Group's brands - JK Properties - announced in their monthly newsletter that the project was "well underway". The first of these series of islands will be Europe, Sweden and Germany with development led by Kleindienst Group.