Limitless Siberia resort

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Limitless Siberia resort

Postby shawarma » 02 Oct 2008, 01:39

  • Property name: World Island Resort - a resort island with hotel villas, and privately owned villas.
  • Development: The World by Nakheel
  • Location: Siberia island in The World, 14km off the Dubai coast
  • Emirate: Dubai
  • Completion date of construction (expected or actual):
  • Completion date of construction (scheduled): 2010
  • Start date of construction: end 2008
  • Project value: $350 million (AED 1.285 billion)
  • Area (size): 10.5 hectares (the island)
  • Number of units: 53 villas and water homes (23 privately owned, the rest belonging to the resort)
  • Developer: Limitless Dubai
  • Consultants:
  • Architect / Designer:
  • Project manager:
  • Construction firm:
  • Escrow account details:
  • Main/exclusive sales agent:
  • Villa types: detached (presumably)
  • Foreign / Expat Ownership: freehold (presumably)
  • Residence visa included for expats: yes?
  • Payment Plan:
  • Mortgage finance from:
  • Unit sizes (excluding/including balcony): 650 to 820 square meters per villa
  • Unit prices (Original Price / OP):
  • June 2008 prices:
  • OP per square foot:
  • June 2008 price per square foot:
  • Transfer charges on resale:
  • Telephone: +971-4-3601818 (for Limitless in Dubai)
  • Website: none found specific to project, but try limitless.ae (The World Resort project not listed at the time of this post, only the press release).

Other facilities and information

Villas will have beach access, private jetty, summer house, boat mooring, spa treatment room, swimming pool, rooftop garden with outdoor kitchen, landscaped garden, and internal elevator. Other facilities include a health spa, restaurants, art galleries (what :shock: ?), auction rooms, conference facilities, libraries, a central lagoon with clubhouse, and a reception area on the Dubai mainland from where visitors and residents get ferried out to the island by boat.

Privately owned villas can be leased back to the hotel resort when owners aren't using them. Makes it sound like a timeshare then - perhaps the most expensive time share in the world? The World Island Resort will be showcased at Dubai Cityscape in October 2008. The villas will be serviced by the hotel and can be leased back to the hotel when their owners are not using them.

DubaiFAQs.com pages with related information


Please reply to this topic with relevant information and this first post will be updated. If quoting this post, please remove unnecessary information. Thanks :)

In general, for all UAE property developments, information given here is usually based on information supplied from press releases, media reports, company marketing, and may not be independently confirmed. Unit sizes are unlikely to be vastly different but layout and design could change. Actual completion date could be months or even years later than promised delivery dates.
Please use the forum for questions, not the PM system.
shawarma
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