Watch out Luxury seekers, the next hottest thing will be floating real estate on the high seas! Utopia Residences of Beverly Hills has inked a deal for $1.1 billion with shipbuilders Samsung Heavy Industries to build the world’s most luxurious yacht that will offer 200 floating residences. Pretty much a sailing skyscraper!

The ship will measure 971 feet long and weigh over 105,000 gross tons. The 200 residences offered for sale will range in size from 1,400 square feet to 6,600 square feet.

The ocean liner named Utopia will also have a 204 room boutique luxury hotel, casino, spa, theater, night club, swimming pools, marina, signature restaurants and private residents club. The ocean liner will travel to ports during major cultural and sporting events such as the Cannes Film Festival, Monte Carlo Grand Prix, The Olympics, Carnaval, Hong Kong Dragon Boat Festival, Melbourne Cup and other well known worldwide events.

David Robb Chairman of Utopia Residences said, “The residents onboard this ocean liner will enjoy the time of their lives, learn about other cultures and experience the most luxurious and stress-free way to travel.”

Samsung and Utopia are planning to complete the ship construction and delivery in 2013.

I am so ready to sign up! Check out some pictures below!

Ship in bay.

Deck.

Living Room.

Dining Room.

Main Pool.

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(Image Via CNN Money)