Dubai is renowned for its luxurious lifestyle and extravagant displays of wealth. One of the most iconic symbols of Dubai’s opulence is its fleet of yachts, which are often seen cruising along the city’s coastline.
However, many people wonder who exactly owns these magnificent vessels. In this article, we take a closer look at the owners of Dubai’s yachts.
The Ruling Family
It should come as no surprise that many of Dubai’s most impressive yachts are owned by members of the ruling Al Maktoum family. The Al Maktoum family is one of the wealthiest and most influential families in the UAE, with a net worth estimated to be in the billions.
One of the most famous yachts owned by the Al Maktoum family is “Dubai,” which was launched in 2006 and measures an impressive 162 meters in length. This yacht is said to have cost around $400 million to build and features amenities such as a swimming pool, helipad, and cinema.
Business Magnates
Another group that owns several yachts in Dubai are business magnates and billionaires from around the world who have made their fortunes through industries such as finance, real estate, and technology.
One notable example is Russian billionaire Roman Abramovich, who owns a yacht called “Eclipse” that measures 162.5 meters in length – making it one of the largest privately-owned yachts in the world. This vessel boasts features such as two helicopter pads, a swimming pool with a retractable roof, and even a missile defense system.
Charter Companies
In addition to private owners, many yachts in Dubai are also operated by charter companies that offer them for hire to wealthy clients from around the world. These companies typically own multiple vessels ranging from smaller day boats to larger luxury yachts that can accommodate dozens of passengers.
One such company is Royal Yachts, which operates a fleet of high-end yachts that are available for hire in Dubai and other locations around the world. Their vessels range from 35 to 155 feet in length and come equipped with amenities such as air conditioning, sound systems, and on-board chefs.
Conclusion
In conclusion, the owners of Dubai’s yachts are a diverse group that includes members of the ruling family, business magnates, and charter companies. These vessels represent the pinnacle of luxury and extravagance, offering their owners and guests an unparalleled experience on the waters around Dubai and beyond. Whether you’re looking to charter a yacht for a special occasion or simply admire them from afar, there’s no denying that Dubai’s yachts are some of the most impressive in the world.