By Gavin Gibbon
Phase one includes Sweden, Germany and Honeymoon Islands consisting of 78 floating villas
Phase one of the ambitious $5 billion Heart of Europe megaproject on The World Islands will be delivered ahead of Expo 2020 Dubai in October, according to developer Josef Kleindienst.
The first phase consists of three islands – Sweden, Germany and Honeymoon Islands, with around 78 floating Seahorses (three-level floating homes with underwater views) as well as the Portafino Hotel.
Josef Kleindienst, chairman of Kleindienst Group, said: “Today we can confidently say that the Phase I of The Heart of Europe will be delivered as the emirate gets ready to receive 25 million visits during the World Expo 2020. Some of our facilities including holiday homes and hotel facilities will be ready to receive the Dubai Expo 2020 guests and offer them unforgettable experiences and the sweetest memories that will inspire to keep coming back to Dubai again and again.”
More than 1,500 construction workers, technicians, engineers and environmental experts are currently working on the site.
The first nine Floating Seahorse Villas (FSV) have already been ‘floated’ into position in the sea. The villas are being hoisted into place by construction cranes and anchored into position on the seabed. The final ballast will be set up, once the fit-out has been completed. Cleaning and maintenance below the waterline will be carried out by a specialist diving team in the next few weeks.
The heart-shaped, Maldivian-inspired Honeymoon Island and Portofino hotel, a total of 78 FSV villas, meanwhile, are being built ready for handover in the fourth quarter of 2020.
Phase I also includes ten beachfront palaces on Sweden Island; 15 contemporary style beachfront villas and 17 lagoon, on Germany Island, and the 489 Princess Suites at the Portofino Hotel on the main Europe Island.
Kleindienst revealed that, to date, over 80 of the total 131 units have been sold, 78 will be delivered by Q4 2020 during phase one and the rest will be completed during phase three, along with the handover of Switzerland and its 60 waterfront villas.
Kleindienst said the group is also gearing up to deliver the Monaco and Nice boutique hotels at Côte D’Azur beach at the main Europe Island by the fourth quarter of 2020.For all the latest real estate news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.