Construction of villas scheduled for completion in the IV quarter of this year. Next year should see here a further 19 facilities of the resort property, reports Arabian Business.

According to the owner of Germany, the company Kleindienst Group, 13 villas already sold. "CEO Joseph Klyayndinst said that to build out a very profitable: the cost of the item is about $ 1500 per quarter. Before the crisis, the figure was four times higher" - reads the statement.

Island is currently on water and electricity self-sufficiency. Funded water in reservoirs, and receive electricity using solar energy technology accumulation "- emphasized in the material.

According to the data, construction work will be conducted also on neighboring islands, which are combined in the project The Heart of Europe (the heart of Europe). This, in addition to Germany, the islands are Austria, Switzerland, Netherlands, St. Petersburg, Sweden and Monte Carlo. The last will accommodate entertainment facilities and marina "- emphasized in the message.

Recall that the project The World (World) is a 300 artificial islands off the coast of Dubai, each with the name of the country, region or city according to your location within the archipelago. The whole archipelago follows outlines of continents of the Earth. Construction of most islands ended in 2008. Cost of the island is $ 15-250 million

As previously reported, the Dubai developers announced plans to implement the project Pentominium residential tower height of 516 meters on the same day when the Indian company Lodha Developers announced plans for construction of 450 meter tall residential skyscraper in Mumbai.