The old decommissioned jet was taken to its new home in the Arabian Gulf by tugboats and has now been submerged ahead of the site opening later this year.
The plane, which was built in 1981, is 70 metres long and will become one of the main attractions for the new underwater theme park.
According to The National, it will rest at a depth of around 24 metres and will be positioned nose up in the water to allow novice divers access to the aircraft at shallower depths.
The aircraft will become the centrepiece to the world's largest underwater theme park which will be situated close to Bahrain.
The Sun has reported that the attraction is expected to open in summer 2019 and will offer 100,000 square metres of activities and trails for divers, ranging from colourful artificial reeds to underwater sculptures. You weren't thinking roller-coasters and teacups, were you?
Dive Bahrain, the company behind the attraction tweeted to say that this will provide the opportunity for 'coral reef growth and a habitat for marine life'.
Speaking to The National, Hamad Al Mahmeed, project manager at Dive Bahrain said: "We could have just sunk it the way it was when it was transported here, but that's not our intention.
"Every hazardous material has been removed; all plastic material has been removed. Even the bolts and the screws were removed so that we could clean any oil residue, before putting them back on."
Just when we thought the plane was enough of an attraction, the dive site will also feature a 900 square metre replica pearl merchant house and sail structures.
Mr Mahmeed added: "We are in the market for a few ships big enough to be sunk." Go big or go home, right?
The theme park will be a PADI affiliated site and Mark Spiers, PADI Vice President of Training and Field Services for Europe, Middle East and Africa said: "We are pleased to be associated with this project from the Bahraini government and applaud their commitment to protecting the marine environment and promoting scuba diving to create a unique opportunity to explore the underwater world."
This will be incredible. To Bahrain we go.