10.12.2007

Nakheel sells 35 properties of The World


Nakheel, developer of The World cluster of man-made islands off Dubai, has sold 35 plots this year reports GulfNews.

45 per cent of the 300 islands, which collectively resemble the shape of a world map, have been purchased by individual investors and commercial developers.

The latest deal was for the "Shanghai" island, bought by Chinese businessman Bin Hu for $28 million.

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