Austrian developer Kleindienst Group is close to completing the first of its signature floating villas, to be incorporated in its planned ‘Heart of Europe’ resort at Dubai’s The World islands.
On Thursday, the company sent an email inviting prospective investors and other interested parties to view the first of its revolutionary floating homes.
It said the world’s first ‘Floating Seahorse’ had reached “substantial completion on 15th December 2015 in dry docks”.
The structure has been designed and fabricated in the UAE.
Each Floating Seahorse weighs 188 tonnes and features 269 square foot of underwater glazing and a 495 sq ft coral garden.
There are three storeys – one underwater, one at sea level and one upper floor.
The master bedroom and bathroom will be totally submerged underwater with views of the surrounding coral reef and marine life – “an environment in which seahorses can live and breed in their natural habitat in the Arabian Gulf,” Kleindienst has said in previous promotional material.
The sea level accommodation will comprise floor-to-ceiling windows with sea views, a fully-fitted kitchen with dining area and open-plan living area with glass façade and sun deck.
The upper deck features a mini bar, kitchenette and glass-bottomed Jacuzzi. The deck can be converted into a winter bedroom with retractable drapes.
Since its launch, Floating Seahorse has sparked interest among clients and investors in the UAE, Saudi Arabia, Qatar, Maldives, Seychelles, the Caribbean, Sweden, Portugal and Norway, the company added.
At the end of last year, Kleindienst redesigned plans for ‘St Petersburg’ island, intended to be the flagship development at the Heart of Europe, to incorporate a cluster of Floating Seahorses.
St Petersburg was originally intended to house the Tzar Hotel, an arrival marina and 30 beachfront villas.
But it has since been redesigned in the shape of a heart, “taking inspiration from the Maldives”. Instead of the beachfront villas, Kleindienst will build around 40 Floating Seahorses’ connected to the main island by jetties.
The villas are being sold to private investors but will be serviced by the Tzar Hotel and made available for use by the owners free of charge for just two weeks per year. The rest of the time they will be used by hotel guests.
The Heart of Europe islands are part of Dubai’s The World archipelago of 300 manmade islands constructed in the sea beyond the Palm Jumeirah.
Most of the islands have yet to be developed, but Kleindienst intends to complete its luxury St Petersburg holiday resort by October 2016, it said last year.