The Floating Seahorse — project image
Off-Plan

The Floating Seahorse

From AED 21.08M·Handover Dec 2026·40% down payment Payment
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AED 21.08M
Starting Price
Dec 2026
Handover
40% down payment
Payment Plan
2 BR · Villa
Type

Project Overview

The Floating Seahorse is a community of ultra-luxury floating villas on The World Islands archipelago by The Heart of Europe. The villas are located on St. Petersburg Island. They are the epitome of timeless design and craftsmanship. Each villa in the community is a tiny island surrounded by water and connected to neighboring private islands. This residence maintains a balance between secluded island living and a sense of community. The villas consist of three levels, including a spectacular underwater floor. Also equipped with unique special features, state-of-the-art technology and open climate zones, including a smart home system. The modern interiors are designed using gentle hues to create a cozy atmosphere. Each villa has a large glass wall that offers breathtaking views of the underwater world. World-class amenities are provided for the residents. Each villa at The Floating Seahorse has a Jacuzzi with lounge chairs. Hotels, cafes and restaurants are open on neighboring islands near The Floating Seahorse. A whole program of exciting European festivals, celebrations and events can be enjoyed there. The city's significant attractions are easily accessible by boat. A boat from Dubai arrives at the island every 15 minutes. The city center is a 10-minute drive from Dubai Marina.

Project Specifications
DeveloperThe Heart of Europe
LocationThe World Islands
Unit Types2 BR, Villa
AreaThe World Islands
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 909,518 / year
Cash-on-Cash
2.2%
Levered cashflow AED 213,942
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 9.70M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from The Heart of Europe.

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Payment Structure

40% down payment

Published payment summary

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Amenities & Lifestyle

Leisure areas
Private Jacuzzi
Private beach access
Private pool

Location

The World Islands

Nearby Destinations

The World Islands

Developer and Project Facts

01

The Floating Seahorse by The Heart of Europe

02

Located in The World Islands

03

Starting from AED 21,078,060

04

Unit mix includes 2 BR, Villa

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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