Wednesday 8 July 2020

Kleindienst’s Dubai luxury underwater villas set for Q4 launch

DUBAI, June 2, 2020

Kleindienst Group, a leading European real estate company based in the UAE and the developer of The Heart of Europe, the $5 billion master-planned leisure tourism island destination, has started rolling out Floating Seahorse villas, the world’s first underwater hotel suites.
The Floating Seahorse villas are delightful and innovative three-storied real estate units that float on the water while their lower floor is completely submerged under water. 
A UAE’s home-grown innovation, its three levels have a built-up area of 4,004 sq ft that can accommodate up to 8 people.
The underwater level is spacious with two rooms and en-suite bathrooms, and is equipped with two panoramic floor to ceiling glass windows that offer captivating views of the colorful coral reefs teeming with marine life from the Arabian Gulf - including the bright striped clown fish, the stylish deep blue angel fish, the majestic purple Tang, the shy Toad fish, tranquil seahorses, graceful pink anemones and ink black sea urchins.
Kleindienst Group said the Heart of Europe will host a total of 131 Floating Seahorse villas, of which 78 will be completed as part of the Phase One and delivered in the last quarter of 2020.
The sea level deck offers a large living room with privacy windows allowing for natural light to flow in, panoramic sliding doors opening up to the lounge deck, a ladder to access the sea water, and a clever and sustainable recreational area – a mesh hammock that doubles up as a trampoline and skylit to ensure the corals reef gardens underneath can thrive, it stated.
The sky deck boasts panoramic views of the Dubai skyline and the seascape, an outdoor dining area with privacy shades, a jacuzzi and a sun lounge area. The deck is wrapped with a transparent fence, allowing for unobstructed views of the outdoors, added the developer.
Kleindienst Group said the structure of the Floating Seahorse comprises a marine-grade concrete below the surface level and a super-light aluminum skeleton above water and a Glass Reinforced Plastic (GRP) cladding with a high-end glossy yacht finish.
According to the developer, these Floating Seahorse villas also have a 100 years warranty, thanks to the robust waterproof concrete mix. This exclusive and proprietary concrete also allows corals to grow on it which will eventually populate the submerged area with marine life, it added.
Chairman Josef Kleindienst said: "A feat of innovation achieved by a marriage of engineering and imagination, the Floating Seahorse villas are an epitome of timeless design and craftsmanship spread across three levels including a spectacular underwater floor." 
"As well as providing the world’s first floating underwater experience the Floating Seahorse villas will be home to unique special features, state-of-the-art technology and outdoor climate-controlled areas," he observed. 
The project is part of the vision of Kleindienst who wanted to see underwater treasures, marine life sightings and the captivating underwater landscape without getting wet in the ocean. 
The passion for creating the unimagined experience drove him to travel and study underwater projects globally, said the statement from Kleindienst Group.
Initially, the Floating Seahorse villas were sold at Dh5 million ($1.36 million) a piece but now its price has appreciated four times over the last few years, it stated. 
The Floating Seahorse villa prototype was approved and licensed by the authorities last year, following which Kleindienst Group started building them on-site.
“The same Floating Seahorses are now sold at Dh20 million. We have already sold 80 of the 130 units,” revealed Kleindienst. "These Floating Seahorses will be operated as luxury suites by us, as part of the lease-back agreements with the buyers, and then put on short-term rental as full-serviced luxury suites," he added.
Kleindienst pointed out that under a special scheme, owners would get their investment back in 12 years at a rate of 8-10 per cent annual rental yield, in addition to living in them for two weeks per year. 
"Since the units will be offered to as a premium product to leisure tourists on a short-term rent as hotel suites, we expect a very high return. This makes the Floating Seahorses one of the best assets for higher and faster return on investment," stated the top official.
According to him, these Floating Seahorses villas come in two editions, the Signature Edition whose interiors are designed by The Heart of Europe thus allowing the client to customise the floorplans and interior design and The Bentley Edition interiors, which are designed by A++ (the Swiss architectural studio licensed by Bentley home) and furnished with items from Bentley Home collection.
Both editions will benefit from high level empathic hospitality services, stunning facilities across the destination, ease of access, sustainable transportation, a reception desk allowing for 24/7 check-in, room service with organic food from diverse and authentic cuisines from Europe, and mesmerizing sunset and sunrise views, stated Kleindienst.
The Floating Seahorse villas will be strategically placed across 4 destinations in the masterplan and connected via walkways to the festive heart-shaped Honeymoon Island, the vibrant Main Europe island, the colourful and picturesque Portofino inspired hotel, and the scenic Germany Island with its blue sea water lagoon and white sandy beaches, he added.-TradeArabia News Service 


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