This looks like underwater ruins of Egyptians in the Alexandria's sea, but it is modern art from an underwater museum in Mexico. The statue is called "Herencia (Inheritance)" and "stands" in the depth of 4 m in Punta Nizuc, Cancun, Mexico
Diving shipwrecks is a great adventure. Ive done 9 dives in Coron Bay, Philippines, cruising through mostly WWII ships. This picture depicts the long cargo ship Giannis D, one of the biggest wrecks to be found in the Red Sea.