El Bahrawy Group, a leading marine construction group in the UAE and the Middle East, has unveiled Neptune, the first floating and mobile villa as part of the Kempinski Floating Palace resort project.

Initiated three years ago, the Kempinski Floating Palace project features a main floating hotel surrounded by 48 luxury mobile villas with an estimated market value of $435.6 million (AED1.6 billion) upon completion.

The first Neptune is currently anchored in Dubai Palm Marina.

Each Neptune villa has the capability to cruise at a speed of 6 to 8 knots per hour, thanks to engines that can operate on electric power and also power the villa as well as its waste recycling and water desalination.