Industry Update
Press Release11 January 2008

The World Completed

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Nakheel

Dubai, UAE | Nakheel, one of the world's largest property developers, today laid the final stone on the breakwater for The World. The last rock was one of 37 million tons of rock that were used to construct the 17 mile breakwater which surrounds the 300 man-made islands that make up The World. The World team was on hand as the last rock was placed at 8:00am this morning by Hamza Mustafa, Director, The World.



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This historic moment marked the completion of the first phase of one of Dubai's most talked about landmarks, which included land reclamation requiring 73 billion gallons of sand dredged from the sea and the creation of the breakwater that surrounds the 5.5 miles wide and 4 miles long island destination. The next phase involves handing over islands to developers for construction and building of infrastructure.


About Nakheel

Nakheel is one of the world’s largest privately held real estate developer, and a key player in realising the vision of Dubai for the 21st century: creating a world class destination for business and tourism.

Nakheel currently has a portfolio of developments, across a range of sectors, including The Palm Jumeirah, The Palm Jebel Ali, The Palm Deira, The World, Dubai Waterfront, Jumeirah Islands, Jumeirah Park, and Ibn Battuta Mall. Spreading across 2 billion sq ft of land, Nakheel’s projects aim to redefine the concept of property development whether residential, tourist, commercial or retail. Further information can be found at .

Contact
Leslie Silver
Phone: 212-981-5244
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