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Tiger Woods to Build Mansion on His Planned Dubai Golf Course



Tiger Woods plans to build a 16,500- square-foot mansion, complete with gym, theater, library and pool, that will overlook the private Al Ruwaya golf course he's designing in Dubai.

Tiger Woods, the world's top-ranked golfer, has selected one of the property's 287 home sites, which sell for between $12 million and $23 million, and is reviewing floor plans for his residence.

``He's been very interested in this Arabian concept that we've put to blend with the golf course,'' Abdulla Al Gurg, project manager for the Tiger Woods Dubai development, said today in an interview in New York.

Al Gurg, 27, wouldn't disclose the location of Tiger Woods's future home on the 7,800-yard, par-72 course for security reasons. He said it wouldn't be among the biggest in the ``exclusive,'' invitation-only community.

There are 22 planned palaces that will average 33,000 square feet of living space and boast 10 to 12 bedrooms.

Three holes -- the par-3 12th, par-4 17th and par-4 18th -- have been laid out at the Al Ruwaya course, which is scheduled to open in late 2009. Also under construction are the clubhouse and an 80-room boutique hotel. Many of the property's 10,000- square-foot signature luxury villas will be completed by March 2010 and Al Gurg said demand has been high.

``The target market for these villas is not an investor profile,'' Al Gurg said. ``The target market is maybe a secondary homeowner or a trophy real-estate owner -- a person who actually owns a few villas and wants to have a piece of the Tiger Woods Dubai and the first-ever golf course designed by Tiger.''

Membership Chance

Tatweer, Dubai's state-owned property developer, is building the community and homeowners will have the opportunity for membership at Al Ruwaya, which means ``serenity'' in Arabic. Some hotel guests also will have access to the course and a planned golf academy.

The community is in a section of Dubailand, a $7.5 billion attraction twice the size of Walt Disney World in Florida and five times the size of Paris.

The Al Ruwaya course is the first for Tiger Woods Design, a Windermere, Florida-based company headed by Tiger Woods, who has won 61 times on the U.S. PGA Tour. Tiger Woods, who lives in Florida with his wife, Elin, and their daughter, Sam, announced plans in August to design his first U.S. course near Asheville, North Carolina, as part of a new residential community.

``He's very much involved,'' Al Gurg said of Tiger Woods. ``At the beginning of the project, I thought he was going to be a figurehead, but he's very involved with everything. He's a perfectionist, I can say that.''

 

Read more at www.bloomberg.com

 

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