Abu Dhabi-based Al Hallami Group unveiled plans for a floating villa called Aqua Villa at the ongoing Dubai International Boat Show.
CEO of Al Hallami Group Omran Al Hallami, who displayed a miniature version of the villa on the first day of the Dubai International Boat Show, said he arrived at the idea after observing the high rents for coastal flats or villas in the UAE.
Aqua Villa offers 360 degree views of the sea. Al Hallami said he designed the villa using modern technology to ensure excellent stability. He, however, did not disclose the technology used, saying it was his own intellectual property.
Al Hallami said the Aqua Villa, unlike yachts, has free space of 2,500 square feet.
The villa has three levels: one under water for service and containing systems ensuring the stability and balance of the villa, as well as water and electricity supply units. The ground floor has the living room, kitchen, bathroom and other facilities, while the upper floor can be used as bedrooms.
Al Hallami said residents will not have to buy furniture and can move the furniture they use at home.
He added the villas can be maintained in a good condition for up to 50 years, with low maintenance costs. The villa can be used as a floating home and it also can move from one place to another, but is not designed to sail in deep water. The engine is optional.
The average price for one Aqua Villa, which rises seven to eight metres above sea level, is Dh1.8 million without service level units.
Follow Emirates 24|7 on Google News.