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Palm Deira in Dubai.

The Palm Jumeirah will feature over 100 luxury hotels, 5000 exclusive residential beach-side villas, 5000 shoreline apartments, marinas, water theme parks, shopping malls, sports facilities and health spas.

on the second phase. Reclamation is under way on the Palm, Jebel Ali, which is twice the size of the Jumeirah version and Nakheel has revised its plans for The Palm Deira, the last and the largest of The Palm trilogy, aligning it with the Deira Corniche project that will reshape the stretch of land between the Hyatt Regency hotel and Al Mamzar Park. Meanwhile, The World, a group of 300 islands arranged to reflect the continents, is also taking shape 4 kilometres off the coast to the west of The Palm Jumeirah.

Onshore and further inland, Dubailand, comprising six themed worlds focusing on tourism, leisure and entertainment, is also taking shape on Emirates Road. The 2.7 billion square-metre area will encompass Mall of Arabia, set to become one of the largest shopping centres in the world and Dubailand’s developer Tatweer, part of Dubai Holding, is doubling its initial investment in Bawadi, a huge hospitality and leisure development that will include a 37-million- square-metre shopping mall and 51 hotels accommodating more than 60,000 rooms.

More than Dh20 billion worth of residential projects will be under construction in Dubai Investment Park by the end of 2007, bringing the park's total investment value to almost Dh21 billion. Phase 1 of Residential City, the mid-cost housing component of Dubai World Central (DWC), a hugely ambitious 140 square-kilometre urban aviation community under construction in Jebel Ali, has been sold out. The first residents are expected to live in Residential City by

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