Business | Property
Floating luxury homes worth Dh155m to go on sale next week
Floating homes worth up to Dh155 million will be put on sale in Dubai next week.
- By Robert Ditcham, Staff Reporter
- Published: 23:16 October 8, 2007
- The fully furnished residences on board have been designed to Four Seasons Hotels and Resorts standards by Tillberg Design, the company which developed the designs for the Queen Mary 2.
- Image Credit: Press release
Dubai: Floating homes worth up to Dh155 million will be put on sale in Dubai next week.
For the equivalent of approximately 2,000 years rent in a Bur Dubai apartment, buyers will be able to own homes on a luxury ship which will sail to locations including Antarctica and the Amazon and attend events such as the London Olympics and the Monaco Grand Prix.
BV International Ocean Holdings Ltd, the company behind the Four Seasons Ocean Residences project, will bring a scale model of the 719 foot vessel to Dubai's Cityscape exhibition on October 16-18.
Danny Warman, vice-president of Real Estate Investments with BV International Ocean Holdings, told Gulf News he is expecting a strong Middle East reaction to the 112 luxury homes, which range from Dh15.69 million for a one bedroom apartment to Dh155.69 million for a multi-floor penthouse.
"Our target clientele are people who have been extremely successful, are at the high end of the social scale and want to treat themselves to the ultimate in luxury and travel," he said.
"We expect around five per cent of our sales to come from the Middle East market."
Scheduled for completion and delivery in 2010, the 13-deck ship will circumnavigate the globe, with an average cruising speed of 18.5 knots, visiting cosmopolitan centres and docking or anchoring near remote locations only accessible to a limited number of smaller sized yachts.
The fully furnished residences on board have been designed to Four Seasons Hotels and Resorts standards by Tillberg Design, the company which developed the designs for Queen Mary 2.
Unit prices range from Dh15.69 million for a one bedroom apartment up to Dh52.30 million for a three bedroom apartment.
A limited number of penthouses are also available. Prices range from Dh57.5 to Dh155.69 million. Residences will range in size from 800 to nearly 8,000 square feet.
On board attractions include spas and fitness rooms, four restaurants, a casino, a gourmet market, a business centre with meeting rooms and video conferencing, wine cellar, helipad, putting greens, golf simulator, a retractable marina providing ship-to-shore service, scuba expeditions, and a launch for jet skis or sailboats.
The first journey is scheduled for 2010, with the first two years following a fixed itinerary covering Antarctica, the Amazon, the 2012 Olympics in London and the Grand Prix in Monaco.
Asteco, the strategic partner of Savills (the international sales agent for the project) is responsible for launching sales in the Middle East. Visitors to the Cityscape exhibition will be able to view a computer generated flythrough, showing how the residences and vessel will look once completed.
"Undoubtedly, this will be one of the star attractions at this year's Cityscape," said Andrew Chambers, Asteco's managing director.
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