THEY might look like something out of a “James Bond” movie but these luxury underwater houses — the first of their kind in the world — are set to be built in Dubai.

    “The Floating Seahorse” villas — technically boats without propulsion — will feature three luxurious levels including one that is completely underwater.

    The homes can even be moved making them perfect for privacy-seeking celebrities or the super-rich.

    Kleindienst Group have just been given the green light for 42 villas, the price of which is yet to be determined, that will each have their own plot in the Arabian Gulf as part of the World Islands Project.

    The developers also plan to create an artificial coral reef beneath them which will protect the project’s namesake — the endangered seahorse — and give residents incredible underwater views.

    The idea was first floated at the Dubai International Boat Show in March, with confirmation for the build project finally announced last week.

    Since the announcement, the company claimed to have already received interest from Saudi Arabia, Qatar, the Caribbean, Sweden, Portugal and others.

    The floating villas will feature three decks with both the master bedroom and bathroom to be completely submerged, allowing residents to be surrounded by sea life as they relax.

    The sea level will feature an open-plan living area, kitchen and dining area, while the deck features a mini-bar and glass-bottom Jacuzzi.

    Josef Kleindienst, CEO of Kleindienst Group, estimates the completion date for “The Floating Seahorse” to be the end of 2016.

    “Many months of research, design and planning have gone into ‘The Floating Seahorse’ and we are excited to be able to officially launch and build it in Dubai,” he said. “We’re confident it will set a new benchmark in the luxury lifestyle market worldwide for outstanding innovation, contemporary design and underwater living at its best.”

    (SD-Agencies)