Image source: Moon World Resorts Inc. — Photo by arabianbusiness.com

Dubai could have a $5 billion (AED18 billion) moon building in the form of destination resort, Canadian architectural company and intellectual property licensor, Moon World Resorts Inc. (MWR) told Arabian Business.

Proposed and co-founded by Sandra G. Matthews and Michael R. Henderson, the resort is designed to be built in 48 months, and will have an overall height of 735 feet (224 metres).

When constructed, Moon Dubai is expected to add to the emirate’s economy in sectors such as hospitality, entertainment, attractions, education, technology, the environment and space tourism, Henderson said.

“Moon Dubai will be the largest and most successful modern-day tourism project within the entire MENA region, doubling annual tourism visitations to Dubai based on its global appeal, brand awareness and unique multiple integrated offerings,” Moon World Resorts’ Mathews and Henderson said, adding it can “can comfortably accommodate 10 million annual visitors.”

Read the full article at arabianbusiness.com