The World
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The World Development Company

VCBank owns a 900,000 square-foot island plot in The World, an iconic residential and leisure community located off the coast of Dubai, UAE. The land is free of any commitments and obligations, and has substantial built-in value comprising project studies, detailed designs and regulatory approvals. The Company plans to develop a high-end residential and leisure community comprising 122 individually-designed and carefully-zoned residential units, ranging from junior suites to four-bedroom signature villas, with canal-side or waterfront settings.

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Asset Class:
Real Estate - Development
Industry:
Real Estate
Country:
UAE
Year:
2007
Project Status:
Active

Latest News from The World Development Company

Venture Capital Bank awards D51 Island architecture and development to dxb-lab

29th July 2008

Dubai, UAE, July, 2008: Venture Capital Bank has granted the architecture and development of D51 Island in The World project by Nakheel to dxb-lab Architecture. Nakheel has approved the preliminary designs. Mr. Khalid Abdul-Karim, Chief Investment ...

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VC Bank to Develop One and a Half Billion Dirham Resort in Nakheel’s The World Project

20th May 2008

Dubai (UAE), May 2008: Venture Capital Bank (VC Bank), a Bahrain based Islamic investment bank, has incorporated World Development Company Limited for the purpose of developing a luxury resort on Nakheel's exclusive project, The World. VC Bank will invest i ...

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VCBank to develop One and a Half Billion Dirham Resort in Nakheel's The World project

20th May 2008

Venture Capital Bank (VC Bank), a Bahrain based Islamic investment bank, has incorporated World Development Company Limited for the purpose of developing a luxury resort on Nakheel’s exclusive project, The World. VC Bank will invest in and develop the islan ...

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