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Have a home in the middle of the sea

Last Updated : 08 September 2016, 18:55 IST
Last Updated : 08 September 2016, 18:55 IST

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Have a home in the middle of the sea

Have you ever thought of having a home on the water? Well, look no further, as an architecture firm is designing homes on the seaside of Dubai. The towering Burj Khalifa and the intricate man-made archipelago of Palm Jumeirah have shown that, as far as architecture goes, anything is possible in Dubai.

A Dutch company, New Living on Water, is bringing ‘living on water’ to the wealthy people  who seek uniqueness in their real estate holdings. The projected luxurious floating residence will enable you to experience real comfort and high-quality living.
If you feel doubtful about this idea, have no fear. The elegantly designed residences have been established by  skilled architects and engineers. The concept has been engineered with  modern techniques that are applied in the construction sector. The deluxe, organic shaped residence consists of several floors.

Given the homes’ resemblance to the homes in the The Jetsons, the futuristic cartoon show, the home is described as a space-age house. The first such home has 16,000 sq feet of internal space and 520 sq ft of space outside and will cost buyers about $11 million.

The company says it is looking to have sales approaching $50 million after the homes’ launch next year. A typical floating residence will have floors linked by lifts and stairs, above water. These include a main ground floor with four en-suite bedrooms, plus a dining room, kitchen and living room.

There will also be spaces for a home theatre, entertainment den, fitness room and storage area. It will also have an outdoor space with a pool and a roof light garden. A car-jetty will link the dwelling to land, and the owner can park six vehicles in the basement-cum-garage.
Mala Ashok

In the backdrop of natural vistas

Al Marjan is a man-made island located in Ras Al Khaimah, one of the seven Emirates in the UAE. It is uniquely positioned and it extends 4.5 km into the sea with the island covering an area of 2.7 million square metres. The island, with large tracts of land, is wooing India like never before. The natural vistas here are stunning with the Arabian Peninsula as a backdrop and the Yanis and Jais Mountains as part of its natural vistas.
The island has four pristine man-made divisions (Breeze, Treasure, Dream and View) and each of them features varied realty developments ranging from hospitality, commercial spaces, office spaces, residential blocks and villas. Realising the huge potential of the Indian market, the  developers are aggressively looking to promote the islands by offering freehold land to set up various kinds of businesses.
Currently, most of the development in Island 1 and 2 is nearing completion and Island 3 and 4 is being looked at for development. The best part is that the entire infrastructure is in place already. The large land availability and attractive rates make Al Marjan an ideal investment destination.
Al Marjan Island provides an investment landscape as unique as its natural landscape. “As an investment destination, Al Marjan Island offers endless opportunities and benefits. It is the project of choice for property investors and developers who are seeking exceptional accommodation and leisure facilities that provide unique lifestyle choices and opportunities,” says Abdullah Al Abdooli, managing director, Al Marjan Island, LLC.
Incidentally, the benefits of investing in Al Marjan include zero percent personal tax, zero percent income tax, 100% foreign ownership, no foreign exchange controls, 100% repatriation of capital and profits, 100% ready infrastructure, 100% availability of utilities services, availability of labour accommodation, residency visa for homeowners and the entire process is regulated by Ras Al Khaimah Real Estate Regulatory Authority (RERA). The entire project is expected to be completed by 2025.
Bindu Gopal Rao




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Published 08 September 2016, 15:57 IST

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