Real Estate

Floating houses launched in UAE, first unit sold for Dh20m

Waheed Abbas/Dubai
Filed on May 25, 2021 | Last updated on May 25, 2021 at 11.02 pm

The two-storey house has four bedrooms with attached washrooms, a glass swimming pool, and ample glass flooring.

UAE-based ship and vessel manufacturing firm Seagate Shipyard has announced the launch of the first units of its floating sea resort Neptune, becoming the first environment-friendly floating house in the world.

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The two-storey floating house is equipped with four bedrooms with attached washrooms, balcony, glass swimming pool, kitchen, living room, two extra rooms for workers, and ample glass flooring. In total, it's spanned over 900 sq. m.

The floating units can safely move from one place to another, using special hydraulic engines. Conforming with international safety standards, the units are also equipped with a self-sterilising system in addition to a smart automated system that operates the house in full. The floating units use solar energy and smart technologies to treat wastewater.

Floating houses launched in UAE, first unit sold for Dh20m (

The floating house was launched at Al Hamra Port in Ras Al Khaimah and it will be floated to settle in Jumeirah, Dubai.

Muhammad Elbahrawy, CEO of Seagate Shipyard, said the main reasons behind launching this project in Dubai is the emirate's position as a major tourist and investment destination, its flexible economic policies and robust infrastructure.

The project will consists of a luxury hotel of 156 suites and rooms, encircled by 12 residential floating boats. Elbahrawy said the remaining units of the Dh870 million project will be launched in the near future and the project will be completed in first quarter of 2023.

The first unit of Neptune was bought by Dubai-based businessman Balvinder Sahani, also known as Abu Sabah, for Dh20 million.

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