Waterfront properties are pretty sought-after real estate, but what about a house that’s actually floating on the water?

Well, that’s set to become a reality in Dubai in the very near future.

Finnish-owned company Admares has been contracted to build 10 floating water homes that will be situated in the Marasi Business Bay development on Dubai Canal.

As well as the 10 water homes, there will be two new floating restaurants as well as a floating yacht club.

marasi business bay

Admares were the group responsible behind the beautiful Burj Al Arab Terrace, so we can be sure to be impressed with the finished floating homes.

Production of the homes started back in October in collaboration with Finnish interior design studio Kudos and Sigge Architects.

marasi business bay

How soon can we expect to see these Dubai Canal additions?

The structures will be manufactured and managed in Finland, and then transported by sea to Dubai by the end of 2017.

Marasi Business Bay will also play home to the UAE’s longest waterfront promenade at 12 kilometres, featuring five tree-lined marinas with berthing for 1,250 yachts.

marasi business bay

Marasi Business Bay will be split into three themed areas; The Yacht Club, The Pier and The Park.

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“Our objective is to create unique, innovative and environmentally friendly real estate products, utilising groundbreaking multidisciplinary off-site construction technology,” said Mikael Hedberg, CEO of Admares.

Abdulla M. Lahej, Group CEO of Dubai Properties, added:“We stay one step ahead by working with speed and efficiency to seamlessly create blueprints for success and deliver exceptional lifestyles, value and a lasting impact for the betterment of Dubai.

“[Admares’] use of innovative technologies and unique construction techniques to deliver this type of pioneering structures will ensure that these unique homes on water, and the surrounding promenade, parks and marina, will be one of the most sought-after residential destinations in the city.”

According to Dubai Properties, these will be the UAE’s first homes to have pedestrian and boat access.

Theses aren’t the only floating homes in the city though…

If you remember, last year saw the construction of a number of ‘Floating Seahorse’ villas, which sit around four kilometres off the Dubai coast as part of ‘The World’.

floating seahorse villa

Each villa will set you back around Dhs10 million, and are as impressive inside as they are on the outside. Read more about them here.

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Images: YouTube/ Dubai Properties, Supplied