The hotel, featuring a discus-shaped residential underwater building connected to another discus above water, will be funded by BIG, which is in talks with other investors.The disc, located up to 10 metres beneath the surface of the sea, is composed of 21 hotel rooms adjacent to the underwater dive centre and a bar.
The rooms will feature a special lighting system and miniature underwater vehicles which can be operated from inside allowing guests totake a closer look at the underwater creatures using macro photography.
Extravagant projects were the hallmark of Dubai during the 2002-2008 boom years and the emirate is home to man-made islands shaped like palms as well as a map of the world. It also boasts the world's tallest tower and an indoor ski slope.
