A proposed $5 billion man-made ‘moon’ could be Dubai’s next big thing

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A proposed $5 billion man-made ‘moon’ could be Dubai’s next big thing
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An entrepreneur wants to build a 900-foot replica of the moon in Dubai. The city-state is already home to the world’s tallest building and other architectural wonders.

DUBAI, United Arab EmiratesWho says you cannot reach for the moon? A proposed $5 billion real estate project wants to take skyscraper-studded Dubai to new heights — by bringing a symbol of the heavens down to Earth.

And even though a previous booms-and-bust cycle saw many grand projects collapse, Henderson and others suggest his vision, funded by Moon World Resorts Inc., where he is the co-founder, might not be that far-fetched. Already, artist renderings commissioned by Moon World Resorts have played with the location for his MOON — including at the Burj Khalifa, the world's tallest building at a height of 828 meters .

"Dubai is in a completely different world compared to" 2009, said Lewis Allsopp, the CEO of the prominent Dubai real estate agency Allsopp & Allsopp. Launched products are "selling out on the spot." The MOON project also includes space for a possible casino as well. Gambling remains illegal in the UAE, a federation of seven hereditarily ruled sheikhdoms on the Arabian Peninsula.

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