Inside Dubai’s luxury floating houses with James Bond-style underwater tanks

Incredible luxury villas and palaces being built in a billionaire’s paradise feature something rather unusual in the bedrooms and bathrooms – gigantic underwater tanks.

The James Bond-style homes – worth a whopping $16 million to $100 million (£12.3 million – £77 million) – are being built in an exclusive development four kilometres off the coast of Dubai.

The incredible properties feature enormous bath tubs set against the backdrop of a massive underwater tank, pictured with schools of fish swimming by.

Tanks in the bedrooms span the entire wall, with the owners able to tuck up in a huge bed and literally watch the world go by.

One of the homes, dubbed The Swedish palace, features a dramatic winter room which houses a single central column topped with snow, while the walls are decorated with a fir tree forest scene.

It is not clear what the room would be used for.

More pictures released by the Clindenst Group, which is building the properties, show the lounge area with glass doors overlooking a deck and the ocean, with Dubai seen on the horizon.

Reminiscent of Atlantis from James Bond: The Spy Who Loved Me, 1,000 of the 4,000 floating homes have already been bought.

In the 1977 hit film, Bond is sent on a globe-trotting assignment which sees him drive a car deep underwater.

His goal is to defeat megalomaniac shipping magnate Karl Stromberg (played by Curt Jurgens), who is threatening to destroy New York City with nuclear weapons.

The villain’s base, Atlantis, features an enormous glass window into the underwater world.

The $5 billion ‘Heart of Europe’ project will mimic countries and cities such as Germany, Venice, Sweden, Switzerland and St. Petersburg.

It is part of the world’s 300-island island-shaped world map off the coast of the Arab country, reports Reuters.

Clindenst Group aims to complete the project by the time Dubai hosts Expo 2020, a global exhibition that the emirate hopes will attract 25 million visitors.

Joseph Clindenst, chairman of the privately-held Kleindienst Group, said Expo 2020 would "add value" to the company’s proposed business plan.

Standard & Poor’s Global Ratings said earlier this year that real estate prices in Dubai could fall between 10% and 15% over the next two years.

Analysts say excess supply is one of the reasons, with developers scrambling to complete projects by the time of the opening of the Expo.

But he made it clear that Clindicent was not concerned about the current situation of the real estate and hospitality sectors in Dubai.

Manica Dhamma, an expert at Cavendish Maxwell Property Consultants, said Expo is likely to raise prices in the real estate and hospitality market, but ‘we have to wait to see if that will be sustainable’.

"How things will develop after (Expo), I do not think anyone can predict this at the moment," he said.

Expo 2010 will be the first international expo event to be held in the Middle East between October 2020 and April 2021.

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