Kleindienst Group is going to handover a number of the most exclusive villas on The World artificial archipelago in Dubai. The Heart of Europe project has it all to surprise real estate buyers with: bathyscaphe-like half-underwater floating villas, Viking-styled villas and much more scheduled to be delivered by the end of the year.
The Kleindienst Group, the master developer of part of The World artificial islands off Dubai coast, announced that it will complete all the most prominent clusters in the Heart of Europe project until the end of the year. These will include 40 Floating Seahorse villas, 10 super-vip Beach Palaces on the Sweden island, and 32 more villas on the Germany island. Here’s what Floating Seahorse villas look like:
Joseph Kleindienst, head of the Kleindienst Group, noted that the Heart of Europe concept implies that villas are sold much as second vacation or ‘staycation’ homes. Of all Heart of Europe units, 10 Beach Palaces on the Sweden island have already been sold (and one of them is even put up for resale for 100 million AED), but the Floating Seahorse villas are still marketed. Of the 131 villas in the Seahorse complex, 60 have been sold with a starting price of 15 million AED.
"It takes four months to build a Floating Seahorse villa and a typical unit lasts for 25 years. However, the ones we are building are more durable and will last much longer. The first buyers will move in during November or December this year," added Kleindienst.
When the developer just started selling properties at the
Two out of ten Beach Palaces were sold to European buyers, with the rest purchased by GCC royal families. The interiors of five of the palaces are designed by Bentley Home and, moreover, each palace will have a special unique "snow" room.
Kleindienst Group intends to complete the whole 5 billion USD Heart of Europe project by 2020.
In addition to residential properties on the islands, two of the largest planned hotels are already under construction. These are the 488-room Portofino hotel and the "French" Cotes d'Azur hotel, which will accommodate both hotel rooms and serviced hotel apartments.
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