Finance & Mortgage

Property Developer To Begin Work on Floating Islands

A real estate company is on its way to build luxury floating islands.

It is a dream come true for people who want to have their very own private islands. Amillarah Private Islands is a joint endeavor from two well-known real estate developer companies; OQYANA Real Estate and Dutch Docklands. The two firms are combining resources and expertise to deliver the first batch of Amillarah Private Islands villas.

According to ABC News, the company's first project is set to be built in Dubai. It will be within the OQYANA World First development called "The World Islands" which was approved by Nakheel in June. Nakheel is the project's master developer.

Paul Van de Camp, CEO of Dutch Docklands, said that their planned floating private islands are unique and one of a kind. He also hailed the collaboration between his company and OQYANA as groundbreaking as Amillarah Private Islands will be the first and only company in the world that can offer and sell private islands. He added, "Our 'Amillarah Private Islands' are completely self-supporting, scarless and all contain the latest state-of-the-art technology. Each one will be a piece of art that you can live in."

Meanwhile, this is not the first time that the idea of floating islands have been suggested. In a report by News.com.au, Migaloo Private Submersible Yachts are also planning to sell floating islands that will have a penthouse, a jungle deck complete with its own waterfall and will be having the ability to move from one location to another via its own powerful motor.

The project is called Kokomo Ailand which is described as a "movable paradise." It will have several possible applications, primary of which is for a high-end hotel, a casino, or even a company's headquarters. The island will be fully customizable according to the company.


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