Dubai – Mubasher: Kleindienst Group launched the Floating Venice project at total investments of AED 2.5 billion.
To be located on the World Islands, 4-kilometre offshore area from Dubai, the first underwater luxury vessel resort will bring an authentic Venetian experience to the Middle East, Kleindienst Group said in a statement on Wednesday.
This resort has a capacity of up to 3,000 guests daily, with accommodation, restaurants and recreation split over four decks, one of which is underwater.
There will be a range of 414 bespoke cabins arranged over four decks, the group revealed.
Construction is scheduled to begin in the first quarter of 2018 and slated for completion by the fourth quarter of 2020.