Nakheel to develop the 'Universe'

Dubai-based developer Nakheel has announced plans for a massive real estate development, the Universe, which will be located off of the Dubai coast between Palm Jumeirah to Palm Deira, reported Gulf News. The muli-billion dollar project will create a cluster of large coral-shaped islands that will serve as a home for major residential, commercial and tourism projects. The Universe will have 3,000 hectares of land and will take 15 to 20 years to develop.