There are a zillion hotels opening in Dubai, lots of which are being designed by the likes of Armani and Lacroix. But now, it looks like Karl's taking the grand designs of the UAE's fun hub to another level. Dubai Infinity Holdings just announced that Karl will design 80 residential homes for them, including a limited-edition design (we're picturing leather glove wallpaper, but we'll see.) But here's the best part: The homes will sit atop Isla Moda, one of the many man-made islands that make up The World, a cluster of islands in the Arabian Gulf meant to be a play land away from the play land from which anyone with about $15 - $50 million can purchase an island (we hear Jay-Z has one.) The particular island of Isla Moda will be the first island in history to be dedicated to fashion - picture fashion-themed residential villas (what Karl plus a few other as-of-yet unnamed designers are working on), more boutiques than Madison Avenue, style concierges, design consultation services, a perfumery, and we can't even image what else. Who else thinks Roberto Cavalli's next to get in on this?