UAE firms vie to buy world’s first underwater hotel
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Drydocks World is in talks with number of UAE companies for building of the Water Discus Hotel, this was revealed by Emirates 24|7.
“We have been already been approached by UAE companies who want us to build the discus hotel for them. Negotiations are on, but nothing has been finalised,” a senior executive of Drydocks World said on conditions of anonymity.
The smallest, a two discus hotel, will cost anywhere between US$50 million and US$80m. The official clarified that Drydocks will only be building the discus hotels for third parties as it has a joint venture with Big Invest Consult, which represents Deep Ocean Technology and concept of Water Discus hotel, to develop underwater hotels and floating cities in the Middle East.
“We have a joint venture with Big Invest Consult to build these hotels for interested parties in the Middle East. We are not building for Drydocks as of now.”
Khamis Juma Buamim, chairman Drydocks World & Maritime World had also met with Arkadiusz Majerski, president and CEO Deep Ocean Technology and Bogdan Gutkowski president of Big Invest last month to discuss issues related to the hotel project including the designs, engineering aspects and the structures.
Asked where is the first hotel likely to be anchored in the UAE, the official said: “We don’t know about the location yet. The hotel can be moved from one location to another.”
The Polish developer has already received the green light by the National Ministry of Tourism for Maldives to begin construction off the island of Kuredhivaru.
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