Dubai to get more floating homes

August 17, 2016 11:13 am

A new project featuring floating homes will make a regional debut in the upcoming Cityscape. (Image supplied)

After the launch of the floating underwater villas in Dubai earlier this year, a new project is looking to bring more floating homes to the emirate, making it quite the new lifestyle trend.

Dutch developer New Living on Water (NLW) will be debuting its floating residence in the Middle East during Cityscape Global, the leading regional real estate and property exhibition set to be held in Dubai this September.

“Our newly developed floating residences guarantee both the privacy and nature that people are looking for, as well as the comfort of being part of a six-star super luxury beachfront resort,” Menno de Roos, NLW’s managing director and co-owner, said in a statement.

“They were developed for a very small niche-market, and designed with sustainability in mind in order to create mutual respect between humans and the environment. Renewable energy sources are used as much as possible,” he added.

To keep the homes afloat, NLW is collaborating with CIG, an industrial conglomerate experienced in shipbuilding constructional design as well as the production of complex architectural projects and renewable energy.

The company is expecting to generate $50 million in regional sales over the first 12 months, going on to at least double that in 2016-2018.

New luxuries

Floating homes made a worldwide debut when a floating “seahorse” prototype was unveiled in Dubai last April. The first 50 homes are set to be delivered to owners in October.

Homes of the Seahorse project comprise three levels: an underwater level where the master bedroom and bathroom are located, a sea-level living space with floor-to ceiling panoramic views and an upper deck featuring a casual living space.

Tags:

AMEinfo Staff
By AMEinfo Staff
AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

AMEinfo EXPERTS
s