Dramatic video shows a brand new luxury yacht sinking just minutes after it was launched off the coast of Turkey, forcing its crew to leap overboard.

According to reports, the new $1 million vessel, an 85-foot cruiser named Dolce Vento, was launched Tuesday in the Ereğli district of Zonguldak, a port city on Turkey’s Black Sea. 

The amateur video shows the boat being pushed into the ocean down a track on the beach and then swaying within 15 minutes of setting off.

As bystanders watched, the luxury yacht lurched to one side, tilting dangerously before taking on water. 

A man is seen standing on the side of the doomed luxury vessel. (Mike Leidig / newsX)

According to TMZ, a spokesperson for the shipyard hosting the yacht, Med Yilmaz, said the cause of the disaster is under investigation. 

Technical inspections will be carried out to determine whether a construction flaw, balance issue, or human error doomed the luxury vessel.

Fox News Digital reached out to the Turkish Coast Guard for comment.