It was announced on the 5th of October 2004 by the crown prince of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, that a third man-made Palm Island will be built on reclaimed land off the coast of Dubai's Deirah beach! The Palm Deira will be the largest of the three palm islands covering 14km (8.4 miles) in length and 8.5km (5.1 miles) in width. It will consist of residential property, marinas, shopping malls, sports facilities, and clubs. The residential area will be located on the 41 fronds and will contain 8,000 two-storey villas/town houses in three distinct styles - Premier Villas, Grand Villas and Vista Town Homes.