Nakheel the Worl's - was among the most hard-hit during the Dubai real estate crash has much to rejoice in the New Year as the island’s first commercial project, the luxury World Island Beach Club, will open to the public this week. The exclusive resort, which could cost members up to Dh40,000 ($10,890) a year to join, is looking to capitalise on the Dubai development’s potential as a tourism destination. Located around 30 minutes by water taxi from the Dubai shoreline, the island has a total area of 39,000 sq m, 17,000 sq m of which will be used to build the facilities and amenities. The resort will include a restaurant for up to 100 diners, 50 beach loungers along the coast, eight cabanas and eight luxury log-cabin style changing rooms with showers, a lounge area and entertainment facilities.
The luxury resort, owned by Indian entrepreneur Wakil Admed Azmi, will be the first attraction on The World to open to the public after Dubai’s property crash dealt a blow to the development. The island of Lebanon and the construction work has hit Dh60m ($16.3 million). Nakheel plans to offer tourists day and dinner cruises around The World as it moves to reposition the project as a tourism destination. The island also has plans to create 500 artificial reefs around Dubai in an effort to regenerate marine life around the emirate’s coastline, and aid the local fishing industry.