DUBAI // Dubai’s coastline could soon be home to “The Floating Seahorse”.
The floating home, described as "the first of its kind in the world", was officially launched by developer The Kleindienst Group at The Dubai International Boat Show in March.
Each villa, designed and manufactured in Dubai, will have three levels — one underwater, one at sea level, and an upper deck — with a completely submerged master bedroom and bathroom, said the developer.
They will also be equipped with a kitchen, dining area, and a glass-bottomed jacuzzi.
In picking the name for the project, chief executive Josef Kleindienst said: “The seahorse is an endangered species and we will create an artificial coral reef beneath the luxury retreats which will be a protected area in which seahorses can safely live and breed.”
“Very soon, people will be able to see up-close and personal, the beautiful and elegant Arabian horse of the ocean — the seahorse.”
As part of the developer’s plans, 42 of the unique villas will each have their own plot in the Arabian Gulf, included as part of its stake in The World islands project, located 4km from the coast of Dubai.
A launch date has been set for the end of 2016.
Plans are in place to also make the concept available for sale to interested parties around the world, said the developer, adding they have already received interest from investors in Saudi Arabia, Maldives, Seychelles, the Caribbean, and Norway.
“The Floating Seahorse is not restricted to Dubai waters and can be designed and fabricated in Dubai for other resorts and destinations worldwide,” said Mr Kleindienst.
“We are confident that it will set a new benchmark in the luxury lifestyle market worldwide for outstanding innovation, contemporary design and underwater living at its best,” said CEO of chief executive officer Josef Kleindienst.
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Company%20Profile
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About Takalam
Date started: early 2020
Founders: Khawla Hammad and Inas Abu Shashieh
Based: Abu Dhabi
Sector: HealthTech and wellness
Number of staff: 4
Funding to date: Bootstrapped
GROUP RESULTS
Group A
Results
Ireland beat UAE by 226 runs
West Indies beat Netherlands by 54 runs
Group B
Results
Zimbabwe tied with Scotland
Nepal beat Hong Kong by five wickets
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
ETFs explained
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There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
MATCH INFO
Uefa Champions League quarter-final second leg:
Juventus 1 Ajax 2
Ajax advance 3-2 on aggregate
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Ticket prices
- Golden circle - Dh995
- Floor Standing - Dh495
- Lower Bowl Platinum - Dh95
- Lower Bowl premium - Dh795
- Lower Bowl Plus - Dh695
- Lower Bowl Standard- Dh595
- Upper Bowl Premium - Dh395
- Upper Bowl standard - Dh295
Company profile
Name: GiftBag.ae
Based: Dubai
Founded: 2011
Number of employees: 4
Sector: E-commerce
Funding: Self-funded to date
COMPANY%20PROFILE%20
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