Often considered as the most ambitious real estate project in the world, the Palm Islands situated in Dubai are manmade islands which are designed to look like palms, hence the name. Being developed by Nakheel Properties, a property developer based in the United Arab Emirates, this project consists of a three islands which in totality would constitute the whole project. Among the three islands there will be over 100 luxury hotels, theme parks, and commercial complexes, restaurants, shopping facilities and also beach side villas available for those who can afford the price tag.
All the materials needed to construct the islands will be quarried in the UAE and once it’s done, it will add over 500 kilometers of beaches to the city of Dubai. Fashion designers Giorgio Armani and Donatella Versace are each developing and designing luxury hotels. And some celebrities who have bought property in the palm islands are David Beckham, Brad Pitt and Angelina Jolie and Kelly Rowland among many others. So, if you are looking to make a statement, you know where to buy a home.