THE WORLD-CLASS INFRASTRUCTURE FUELLING DUBAI’S YACHTING ASCENT
Dubai’s transformation into a global yachting destination is no accident. Benefitting from significant government investment the emirate now hosts outstanding yachting infrastructure with 22 marinas. Dubai Harbour Marinas are leading the way as the region’s largest facility. With 700 berths and an impressive 88% occupancy rate among annual berth holders, it exemplifies the robust demand for premium berthing in the region.
“Dubai has experienced a significant influx of high-net-worth individuals in recent years, including both locals and expatriates relocating to the city,” explains Sebastian, Group Director of Ocean Independence Dubai. “This trend has fuelled the growth of the high-end real estate market, and we’re now seeing a similar surge in interest for luxury yachting. While the market for 40m-plus yachts is still developing, the real estate boom has translated to a rapid evolution in yachting as infrastructure and services catch up with demand.”
The Dubai government’s proactive approach to marine regulations has also been transformative for the sector. Through collaboration between the Dubai Department of Economy and Tourism (DET) and Dubai Maritime Authority (DMA), significant barriers to entry have been removed. Most notably, the DMA has revolutionised the clearance process for foreign vessels, enabling them to complete immigration and customs procedures at any marina in Dubai, helping to reduce wait times and complexity.
Further streamlining measures include the elimination of sailing permit requirements for Dubai-based vessels operating within three nautical miles of the coastline. “These regulatory changes have simplified procedures and made Dubai significantly more attractive to international yacht owners and charter operators in terms of operational efficiency.“