Floating home solution attracting attention

12/10/2011 - Dubai Investment News Posted by Neil King
Floating home solution attracting attention

Property investors looking for new opportunities in the Middle East could be among those interested in the recent claims of one development firm.Dubai-based firms Palmerstone and Donald Starkey Designs have claimed that its floating island concept is already attracting attention from buyers in Russia and Qatar, Arabian Business reported.The designs, which have been mooted as a solution for buyers in the Dubai's The World project, include a five-bedroom floating home to be used in coastal locations.Graham Henderson, owner of Palmerstone and a designer on the project, told the news provider: "We had one expression of interest from a Russian gentleman, so we are waiting to follow up on that one."This morning someone from Qatar approached about putting one on the Pearl there."The firms also revealed plans to take the Ome Concept across the UAE, telling the website that the product will be taken to market in Abu Dhabi in the near future.