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Mostly to provide more real estate. For example, the Palm Jumeirah in Dubai, Egypt was simply built as a real estate venture; home to large residential areas, tourist attractions, restaurants and retail stores.

Other islands are artificially built to house oil drilling rigs like the Northstar Island in the Beaufort sea. Due to the high noise pollution surrounding airports, islands are constructed to support complete air bases away from populated, urban areas.

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Q: Why do people make artificial islands?
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What is artificial islands?

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