The replica ship wlll be 270 metres long, 53 metres high and weigh 40,000 tonnes, according to the Belfast Telegraph.
Like the original, Titanic II will offer first, second and third class tickets.
It will have nine floors and 840 cabins to accommodate 2,400 passengers and 900 crew members.
The liner will have a swimming pool, Turkish baths and gyms.
James McDonald, the marketing director of Blue Star Line said: “The new Titanic will of course have modern evacuation procedures, satellite controls, digital navigation and radar systems and all those things you’d expect on a 21st century ship.
“We are not looking for investment from Dubai, as it is a project we are funding ourselves, but we have been in contact with a number of companies based in the Emirates who are looking at utilising opportunities that arises with the project
“It is people looking to use the opportunity of the trademark and licensing potential of the project… We own the Titanic II name and trademark and people are lining up to be part of it.”
The maiden voyage will be from Jiangsu in Eastern China to Dubai and not like its namesake from Southampton to New York.
The original Titanic sank on its maiden voyage in 1912 after colliding with an iceberg in the North Atlantic – killing more than 1,500 passengers and crew.
The original White Star liner RMS Titanic. Image: Central Press / Getty Images)
The new ship will be nearly 900 feet long and 173 feet tall. It will weigh approximately 40,000 tonnes.
The Titanic II will have as much Edwardian opulence as the original, with a careful attention to detail in the recreation.
The grand staircase on the Titanic II. Image: Blue star line
The grand staircase on the original Titanic. Image: Roger Viollet/Getty Images
The Cafe Parisien on the Titanic II. Image: Blue star line
The Cafe Parisien on the original Titanic. Image: ullstein bild via Getty Images
The new ship, like the original, will have three different classes: first, second and third.
The first class lounge on the Titanic II. Image: blue star
The first class lounge aboard the original Titanic. Image: Getty Images
The nine-floor vessel will have 840 cabins with a capacity of 2,400 passengers and 900 crew members.
The First Class cabin on the original Titanic. Image: Popperfoto/Getty Images
Third-class cabins on the Titanic II. Image: Blue star
If you want to relive a glamorous bygone era or recreate your favorite scene from the movie, start saving. Although Blue Star Line has not announced ticket prices, eager potential passengers have been coming forward with offers as high as $1 million per ticket.
Turkish baths on the Titanic II. Image: blue star
The gymnasium on the Titanic II. Image: blue star line
The control room on the Titanic II. Image: blue star
The maiden voyage will set off from Jiangsu, China, and travel to Dubai.