Dubai Set to Build $1.7 Billion Man-Made Island
Dubai, the city notorious for its massive skyscrapers, luxury shopping and flashy lifestyle, is once again building an over-the-top attraction. The flamboyant city is planning a $1.7 billion development project: two new artificial islands that will surround the city's famed Burj Al Arab Jumeirah, the massive sail-shaped hotel that has come to represent the luxury of Dubai.
The two islands, named Marsa Al Arab, will cover over four million square feet of reclaimed land. Each island will have a distinct focus. One will be a private island with 14 luxury villas, a boutique hotel and a marina for residents. The other is designed with tourists in mind featuring a family-friendly resort, a gigantic 2.5 million square-foot marine park and a 1,700 seat theatre which will house the Middle East's first Cirque du Soleil show.
The project is projected to finish in 2020, the same year that the city will host the World Expo. While the islands are sure to be luxurious, Dubai has been known to take its time on projects before. The Palm Jumeirah, an artificial archipelago, has been under construction since 2002, and The World, a small archipelago of islands resembling the literal globe, has been under construction for over a decade. Hopefully this project will be completed soon, as an extra 1.4 miles of sandy beach in one of the world's most extravagant cities sounds pretty good to us.
H/T: CNN
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| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro Offer
Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
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Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
- Top rated mobile app
