A $1 Billion Golf Course Project Is Luring Americans to the Dubai Desert
Home ownership comes with concierge access to the private jet terminal next door, as well as entry to a members-only club in the city center.
Discovery Downtown, a Dubai members club open to Discovery Land homeowners, has a lounge area with city views. The club is located in the Edition hotel.
Source: Discovery Land/Ziga MihelcicThere’s no ocean view. It’s miles from the city center. And the whole project is still an expanse of desert sand.
Yet buyers are already snatching up these Dubai properties, which start at $6 million for the land, not including the cost of a new house. The development, Discovery Dunes, is being built with a $1 billion investment from US developer Discovery Land Co., which specializes in high-end residential golf courses and bought the land outright for 1 billion dirhams ($272 million). It is financing the project itself.