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Summary: Floating villa in Persian Gulf - The jaw-dropping hideaway, called a Floating Seahorse, features underwater bedrooms and bathrooms with floor-to-ceiling windows that allow for mesmerizing views of marine life. y the time the ambitious project is complete in 2018 there will be more than 125 floating villas, which cost as much as £2.2million each, linked to a man-made archipelago, called the Heart of Europe, in the Persian Gulf.