The prestigious Kempinski Floating Palace project features a floating hotel surrounded by 48 luxury mobile villas.
Inayat-ur-Rahman, Business Editor
El Bahrawy Group, a leading marine construction group in the UAE and the Middle East, has unveiled “Neptune,” the first floating and mobile villa as part of the “Kempinski Floating Palace” resort project, in a groundbreaking move that marks a new era of luxury living and sustainability in the UAE.
Initiated three years ago, the prestigious Kempinski Floating Palace project features a floating hotel surrounded by 48 luxury mobile villas, boasting an estimated market value of Dhs1.6 billion upon its completion. The Neptune villa is the second addition to El Bahrawy Group’s portfolio of floating villas in the region.
The groundbreaking announcement was made during a special event that brought together an elite group of businessmen and media representatives at the Palm’s Asateer Tent in Dubai.
The unveiling of the Neptune villa aligns with the Group’s overarching strategy to construct floating residential units that seamlessly merge luxury and sustainability, all while preserving flexibility and privacy.
As part of this initiative, eight residences, out of a total of 48 Neptune villas available in 2, 3, and 4-bedroom configurations, are currently in the final stages of completion. The residences promise tenants an unparalleled and extraordinary experience of living on the surface of water, replete with unprecedented amenities and possibilities.
Mohamed El Bahrawy, Chairman of El Bahrawy Group, said: “Since the inception of the project, our main focus has been on creating a distinctive and unparalleled experience that caters to the diverse needs of our discerning customers. The project’s success is evident through the significant interest it has garnered from investors across various Arab and Western nations. This overwhelming response serves as the driving force behind our decision to expand the project, offering an increased number of floating villas in various sizes.”
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