Dubai to launch floating homes in October


(MENAFN) Underwater villas are already a reality in Dubai as a second developer has announced the launch of a new set of floating homes in the Emirate.

In detail, Dutch developer New Living on Water (NLW) will present the organic-shaped residences at Cityscape Global next month.

The company expects regional sales worth USD50 million (Dh183.6 million) over the first 12 months, and at least double that in 2017-18, it said in a statement.

While many new projects will be unveiled on the Cityscape exhibition floors at Dubai World Trade Centre from 6-8 September, NLW believes it has a star attraction thanks to a combined focus on luxury, privacy, environmental sustainability and renewable energy.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.