Dubai Infinity Holdings is doing it again. They have announced a mixed use development to establish Dubai as a global “fashion hub.” Isla Moda will combine super style and ultra luxury to attract only the top designers from around the world to mingle with the fashion elite.

It will be designed to represent The World, and the world’s top fashion capitals, both countries and cities, will receive excellent representation. Isla Moda won’t be a country, but a “city of fashion” instead.

“World-renowned fashion designers from each continent will be invited to design each element of the island. However, the firm did not reveal the design houses that will be involved,” Catwalk Queen said.

Just like fashions are launched by season, the Isla Moda “winter collection” set of villas is scheduled to be ready for sale the end of 2008.

Abdulrazzak said the reported $80 million (Dh293m) figure for the project cost is “nowhere near the price of the island or the development”. She added that the island price tag falls closer to the $30m to $50m range. She, however, did not disclose the development costs. The exact location of Isla Moda is still under wraps but Abdulrazzak said it is towards the Atlantic Ocean and navigable from all sides.

Source: TrendHunter