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Budget:
$164M
Announced:
Dec 2021
Construction Start:
Opening:
2026
Location:
Area:
3 ha
Developer:
El Bahrawy Group,
Seagate Shipyard
Operator:
Consultants:
Designers:
Contractors:
Ride Suppliers:
Other Suppliers:
  1. Have they managed to finish all 48 floating villas? Does anyone know the exact opening date in 2026?


  2. TCK Lana is offline resortX Top Investigator
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  3. TCK Lana is offline resortX Top Investigator
    Join Date
    Feb 2025
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    The Neptune villas were initially limited to 12, but the number was increased to 48 due to high demand from high-net-worth individuals both locally and internationally.
    The El Bahrawy Group has launched a new sales drive for the Neptune villas, with two-bedroom models priced at AED 29 million; three-bedroom models at AED 32 million; and four-bedroom models priced at AED 46 million.
    Owners may either keep their villa for personal use, or hand it over to Kempinski for rental purposes, upon which the developer anticipates an off-season nightly rental rate of AED 50,000 including a crew of six and à la carte services by Kempinski.


    Source: https://propsearch.ae/dubai/kempinski-floating-palace#:~:text=Currently%2C%20six%20villas%20are%20under,by%20the%20end%20of%202026.&text='The%20marvellous%20oasis%20that%20is,'












  4. TCK Lana is offline resortX Top Investigator
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  5. TerraCotta is offline resortX Top Investigator
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    Mar 2025
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    THE FIRST FLOATING VILLA FINALLY LAUNCHES AS PART OF THE KEMPINSKI FLOATING PALACE
    The Neptune villa embodies El Bahrawy Group's commitment to seamlessly merging luxury and sustainability while offering flexibility and privacy. With eight residences nearing completion out of the total 48 available in two, three, and four-bedroom configurations, tenants can look forward to an extraordinary living experience on the water's surface, complemented by unmatched amenities and possibilities.


    Source: https://www.linkedin.com/pulse/first-floating-villa-finally-launches-part-kempinski-aom5f/?trackingId=D%2BEfeWZDQuylyGNkCBwIYg%3D%3D

  6. How do we know that the Kempinski licensing deal is still in the place by the time it opens? I doubt it.

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