Kleindienst Group on Monday launched The Floating Venice, the world’s first underwater luxury vessel resort to be built off Dubai’s coastline.

Valued at AED2.5 billion ($680 million), The Floating Venice will be located in The World islands, 4km offshore from Dubai and will bring an authentic Venetian experience to the Middle East, the developer said in a statement.

This floating resort has a capacity of up to 3,000 guests daily, with accommodation, restaurants and recreation split over four decks, one of which is underwater.

Guests will arrive by boat, seaplane or helicopter to the main Piazza San Marco where they can check-in at the underwater lobby. Gondola’s imported from Venice will transport guests to their cabins through the winding canals, or alternatively a short stroll through canal side walkways and bridges will take them to their awaiting cabins.

Read the full article on Arabian Business.