OQYANA real estate to create private island villas in Dubai

OQYANA Real Estate has signed a deal with Dutch Docklands, who specialise in creating floating islands, to create a series of private island villas within the OQYANA World First development on The World Islands project in Dubai.

OQYANA Real Estate Company is jointly owned by Efad Holding Group and Investment Dar, both based in Kuwait.

The deal will see Dutch Docklands shape personalised private islands and villas within the OQYANA World First project.

Each private island will house just one villa.

OQYANA World First is the developer's flagship project, composed of an archipelago of artificial islands together forming the continent of Australasia in The World development off the coast of Dubai. The development comprises high-end villas opening up onto private beachfronts, contemporary seaside apartments and hospitality and retail elements, and has been described as the definitive destination for waterside luxury.

OQYANA Real Estate Company (OREC) also owns water garden city project in Bahrain.

Read about UAE realty adjusting to a subdued growth pattern

Source: Staff Report, gulfnews.com


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