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Iconic yachts: Inside the build of 162m superyacht Dubai

Related articles, superyacht directory.

The creation of the iconic yacht Dubai was far from straightforward, with the build changing hands three times. Dubai was the largest yacht in the world by volume at the time of her build, with a gross tonnage of 12,488GT. She was originally intended for one royal family but went on to be used by another royal entirely. Commissioned by the Sultan of Brunei’s brother, Prince Jefri Bolkiah, Dubai started her life in Germany with naval architecture developed by Blohm+Voss (now part of Lürssen Yachts ), while design came from the UK’s Winch Design . In 1998, the project rolled to a standstill, with work completed on only the steel hull and part of the aluminium superstructure. The project was lying on a covered floating dock at the Blohm+Voss yard, and liquidators went out into the market to find potential buyers.

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Her name gives the next part of the story away: the partially built yacht was sold to the Dubai government. “Once Jefri fell out with his brothers, his assets were seized, including the yacht which was at early stage of construction,” explains Kostis Antonopoulos, the former managing director of Platinum Yachts, which eventually oversaw the build of Dubai . “In fact, at that time I was working at SETE of Latsis group and we offered for the project, but Dubai offered more and they got it.”

Initially, the Dubai government assigned the build project to Karam Sadikoglou in Turkey. The dock, partially built yacht and containers holding equipment such as main engines and generators were sent to Sadikoglou’s facility in Turkey. However, progress was slow, and the Dubai government demanded the project be transferred to the UAE. With progress still slow and costs skyrocketing, Sadikoglou left the project. Antonopoulos was brought in to finish the build under the banner of Platinum Yachts , a subsidiary of Dubai World. The project had almost 800 people working on it, not including the hundreds of subcontractors. Antonopoulos’s job wouldn’t be an easy one – he had to reorganise the structure of the build team, restore confidence in the project and gain the confidence of the Palace. Sultan bin Sulayem, the chairman of Dubai World, served as the in-between for the owner and yard.

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“The design of Dubai was quite ahead of its time, and although she had an enormous size the design did not flirt at all with the shapes of cruise ships,” says Antonopoulos. “And except for the hull, the rest was built and outfitted by people who had no idea what a yacht looked like.” Antonopoulos flew employees to the Monaco Yacht Show so they could see the details that make a superyacht. “It was great experience for them and a quantum leap to their knowledge and understanding,” he says.

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The interior design was completed in-house by Platinum, and most of the build-out was by local contractors in Dubai. “The brief was simple: the owner wanted a floating Burj Al Arab – and he got it,” says Antonopoulos of the colourful interior which he describes as an “attack” on the senses. There are many custom details, such as the handmade tiles in the swimming pool, which are lit up by embedded optical fibres. Her massive volume afforded space for 48 guests and 88 crew. Dubai also had a cinema , disco, helideck , and a garage holding a submarine and a variety of toys.

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As Dubai was built for a royal, security was a priority. “I asked a computer security firm to hack the yacht’s network , and while we thought that we had a very secure ship, the guys hacked it in 30 minutes! Of course, we redesigned the security,” says Antonopoulos. Another day, the owner came on board and discovered the lower decks did not have a clear GSM signal, so ceilings had to be ripped apart to add repeaters. Challenges to make the yacht SOLAS compliant were resolved by sending materials for lab tests to obtain class approvals.

Antonopoulos, who currently serves as managing director of Samos Steamship Co, looks back fondly at his time working on the build of the iconic yacht Dubai . “I enjoyed building a really good team,” he says. “When I arrived, the people in the project were working in isolation and there were competing teams… I managed to bring them together and make them understand that by cooperation and teamwork we can not only achieve successful completion of the yacht but we can also enjoy our time together!”

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It’s been quite a while since the royally iconic yacht Dubai was finally launched in 2006, but Antonopoulos says she stands the test of time. “I think her design is timeless and she can even be considered a classic now.” Dubai sails under the UAE flag and is known to be an active yacht, recently spotted cruising in the waters off her namesake city.

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DUBAI Yacht – World’s Third Biggest $500M Superyacht

The DUBAI yacht is one of the biggest yachts in the world .

The 162-meter vessel was built by Blohm + Voss in Germany and delivered to her owner the prime minister of the United Arab Emirates, in 2006.

DUBAI yacht interior

Since DUBAI took nearly ten years to complete her interior was replanned several times.

Andrew Winch is thought to have influenced the design and the renowned studio Platinum Yachts also worked on DUBAI.

The interior of this gigantic vessel is just as you might expect it.

Luxurious furniture, opulent design, and extravagant features complement the beautiful exterior of DUBAI.

The interior is decorated in bright colors with a great variety of entertainment spaces and salons.

The glass staircase is a central focal point within the yacht and is reminiscent of a cruise ship.

DUBAI can welcome 48 guests in 24 luxurious cabins as well as a sizable crew of 88 members.

There is a nightclub, a spa, a beauty salon, a cinema, and a gym on board DUBAI.

Many rooms are decorated with mosaics or tapestries and only the finest and most expensive fabrics.

Specifications

DUBAI has a length of 162 meters (531.6 ft) making her the fourth largest yacht in the world.

She has a 22-meter (72.2 ft) beam, a 5-meter (16.5 ft) draft, and a total weight of 12,488 tons.

Her four diesel MTU engines allow her to reach top speeds of 25 knots with an average cruising speed of 20 knots.

Her 1,250,000 liter fuel tanks bring her total reach to an impressive 8,500 nautical miles. 

The exterior of the DUBAI yacht was developed by the well-known English yacht designer Andrew Winch.

His international design studio took special care with this project, and it is one of their largest to date.

The DUBAI yacht is an all-white yacht with a massive aluminum superstructure and steel hull.

She has a helipad and a beautiful mosaic swimming pool located aft.

Of course, there is plenty of space reserved for sunbathing on one of the vessel’s seven decks.

Two 10-meter tenders find space on board DUBAI as well as a large selection of water toys.

DUBAI yacht price

The sheikh purchased DUBAI for a price of US $500 million in 2006, which makes her one of the more expensive superyachts in her size category.

She generates an estimated US $35 to 50 million in annual running costs.

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Yachts Dubai

Luxurious yachts dubai, yachts rentals, our dubai yachts.

70′ Sunseeker

Welcome to the opulent world of Billionaire Club, where we invite you to indulge in the ultimate luxury yacht experience and yachts Dubai in the breathtaking backdrop of Dubai. Nestled amidst the azure waters of the Arabian Gulf, our exclusive yacht rentals offer an unparalleled blend of extravagance, comfort, and unrivaled service. At Billionaire Club, we understand that luxury knows no bounds. Our meticulously curated fleet of yachts showcases the epitome of elegance and sophistication. From sleek, modern designs to timeless classics, each vessel is a masterpiece in its own right, promising an exquisite journey through Dubai’s iconic coastline. Book the finest yachts .

Specs Toronto yachts

• Builder: Sunseeker
• Length: 70ft
• Refit: 2022
• Sound System
• Captain & Crew
• Safety Equipment
• Soft drinks, water and ice

56′ Majesty

Book one of the best yachts in Dubai, Majesty 56′. Immerse yourself in the splendor of Dubai’s iconic skyline as you embark on an unforgettable voyage with Billionaire Club. Our luxury yacht rentals provide an exclusive vantage point to witness the architectural marvels such as the Burj Khalifa, Palm Jumeirah, and the stunning Dubai Marina. Whether you’re seeking a serene sunset cruise or a vibrant daytime exploration, our yachts cater to your every desire.

• Builder: Majesty
• Length: 56ft
• Big Saloon with 3 tables and 3 couches
• Dining Area With Table
• Bar Kitchen
• Fridge | Upper Deck Sitting Areas | Sun Beds
• Back Deck Sitting Area With Table

Booking your luxury yacht rental with Billionaire Club is a seamless process designed for your convenience. Our user-friendly website allows you to explore our fleet, select your preferred vessel, and tailor your experience. For those seeking a more personalized touch, our dedicated concierge team is available to assist you at every step.

• Builder: Azimut
• Length: 50ft
• Saloon | Mini Kitchen
• Upper Deck Sitting Area
• Two Sun Bed On The Front Deck
• 2 Sun Bed On The Upper Deck | Back Deck Sitting Area

48′ Majesty

If you are searching for yachts in Dubai, you are in the right page. At Billionaire Club , we pride ourselves on offering a service that parallels the grandeur of our yachts. Our highly trained crew members are dedicated to ensuring every moment of your journey is marked by impeccable service and attention to detail. From personalized itineraries to gourmet dining prepared by our onboard chefs, we redefine luxury to meet and exceed your expectations. Enjoy Dubai lifestyle and private parties.

• Length: 48ft
• Saloon | Mini Kitchen | Microwave
• Fridge | Upper Deck Sitting Area
• Back Deck Sitting Area

44′ Majesty

Your journey with Billionaire Club is entirely customizable to your preferences. Whether it’s a romantic getaway, a family celebration, or a corporate event, our team works tirelessly to craft an experience that aligns with your vision. We believe in creating memories that last a lifetime. Book yachts in Dubai, Ibiza and Mykonos.

• Length: 44ft

Elevate your Dubai experience with Billionaire Club’s luxury yacht rentals. Immerse yourself in the opulence of the Arabian Gulf, where our yachts redefine lavish living on the waves. From the sleek lines of our vessels to the world-class service we offer, every moment is designed to encapsulate the essence of indulgence. Book here the best yachts in Dubai.

• Builder: Oryx
• Length: 36ft
• Refit: 2018
• Fridge | Two Sun Bed On The Front Deck

36′ Silver Craft

Are you ready to embark on a journey of unparalleled luxury? Contact us today to learn more about our yacht rentals and begin crafting your bespoke experience with Billionaire Club.

• Builder: Silver Craft
• Back Seating area | Walk Around

Discover Dubai from a new perspective – one of opulence, sophistication, and unsurpassed grandeur.

• Builder: Gulf Craft
• Length: 31ft
• Seating area | Walk Around

Privacy Overview

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As the UHNI’s (ultra-high net worth investors) migrate to Dubai with their wealth, supercars, jets, even their yachts take berth at the Dubai harbor or marina, making Dubai a major and leading destination of the global maritime industry.

The 28th edition of the Dubai International Boat Show (DIBS 2022) was inaugurated by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council at its new venue, the Dubai Harbour. Sheikh Hamdan toured the five-day event’s new venue at Dubai Harbour accompanied by Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, and Sheikh Saeed Bin Ahmed bin Khalifa Al Maktoum, Executive Director of the Dubai Maritime City Authority.

Dubai International Boat Show 2023, the MENA region’s largest and most exciting marine and lifestyle show will be held at Dubai Harbour from 1 to 5 March 2023. 

There are approx. 12.6 per cent of the world’s superyachts in the Middle East, the second-highest fleet-to-billionaire ratio in the world, as The Dubai International Boat Show (DIBS 2022) – March 9-13, 2022 has initiated and strengthened Dubai’s position as a global maritime hub. The show had more than 800 brands from 54 countries, and amazing 34 new launches with range of engaging and interactive features throughout the five-day show.

Speaking at the opening event, Sheikh Hamdan said the event is one of the world’s top three most influential international yacht shows, which reflects Dubai’s status as a prominent global maritime destination. He further said the rapid development of Dubai’s maritime infrastructure reflects the vision of the emirate’s leadership to ensure the highest standards of global excellence and transform Dubai into an influential player in major international industries.

Dubai Harbor was built as a dedicated superyacht marina with full facilities and capabilities to handle yachts, superyachts and largest cruise liners, to demonstrate and strengthen the emirate’s reputation as a world-class maritime destination and have positive impact on growth and investment in the global maritime sector.

Saeed Hareb, secretary general of the Dubai Sports Council and senior advisor to the Dubai International Boat Show, noted the importance of the event returning to its new location close to the heart of Dubai. “It is important for us to showcase the facilities at the harbor to the rest of the world.”

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, toured the Dubai International Boat Show and proudly said, the emirate as a “global yacht capital” and was joined on his visit by Sheikh Mansoor bin Mohammed, Chairman of Dubai Sports Council, Helal Saeed Al Marri, director general of Dubai’s Department of Economy and Tourism and Dubai World Trade Centre Authority, and Saeed Mohammed Hareb, secretary general at Dubai Sports Council.

Sheikh Mohammed praised the UAE’s maritime infrastructure, which he said was underpinned by the vision of the nation’s founding fathers.

“The country’s rich seafaring heritage and historical strengths combined with the vision of our founding fathers have inspired the development of a world-class maritime infrastructure,” said Sheikh Mohammed.

“This infrastructure has driven many world-class projects and led to the nation becoming a leading player in various global sectors including trade, tourism, leisure and hospitality.

“The organisation of one of the world’s most influential yacht shows is another example of our determination to build Dubai into a global maritime destination and become a hub for excellence in various sectors.

“Dubai today is a global yacht capital and a preferred destination for yacht owners, charters and cruise travelers from across the world.”

The Crown Prince with his team visited few booths, such as  Gulf Craft, and various global luxury yacht builders, Ferretti and Sanlorenzo and briefly stopped at the Dubai Maritime City Authority’s stand, where he was updated about the company’s services and futre plans.

Trixie LohMirmand, executive vice president of Events Management at the Dubai World Trade Centre, organisers of the event, also spoke about the significance of Dubai Harbour and its location within the heart of Dubai Urban Plan 2040. “This is major tourism hub and for us it is a great permanent home for the Dubai International Boat Show. Another reason why we are very excited about the new location is because of the sea access it offers, so we will see a lot of boats in action during the show.”

“Dubai has proven itself as a future-focused incubator of innovation and the 28th edition of the Dubai International Boat Show, a firm favourite for exhibitors, will reinforce the Emirate’s status as a driving force of the maritime and leisure industry, with many of our key exhibitors eager to enhance sustainability across the maritime industry,” said Trixie LohMirmand, Executive Vice President, Events Management, Dubai World Trade Centre, organizers of the event. “Dubai International Boat Show will leverage its popular influence and ongoing collaboration with local and global industry stakeholders to develop the allure of the recreational boating lifestyle and to boost marine tourism in the UAE and the region.”

The Superyacht Avenue exhibited the world’s most luxurious and technologically advanced superyachts, yachts, boats, such as the SuperYacht Builders Association members Lurssen and Oceanco, and the mainstream superyacht brands such as Azimut, Cranchi, Feretti, Gulf Craft, and Princess Yachts. The world’s leading luxurious brands such as Feadship, Majesty and Nomad participated.

The Dubai International Boat Show is the undisputed event leader in the region’s leisure and marine industry, uniting high-end buyers and world-class suppliers from the most lucrative regions in the world. With a rich history and a proven track record it is simply the most anticipated event in the yachting calendar. Dubai Boat Show provides unparalleled access to the Middle East’s, Asia’s and global investors, buyers and marine enthusiasts.

Gulf Craft, Sunreef Yachts, Al Daen, Blue Gulf Boats and Al Fajer, as well as regional launches from Princess Yachts, Cranchi, Sanlorenzo and Azimut Yachts among others held their global product launches.

Middle East Yachting Conference was held to discuss maritime industry’s biggest opportunities and sustainability.

The Middle East Yachting Conference 2022 gathered more than 100 leaders from across the world where speakers discussed hot topics regarding the yachting industry such as sustainability, use of cryptocurrencies and cybersecurity to the industry.

The Middle East Yachting Conference was held at the luxurious St Regis The Palm, attended by the global maritime lifestyle community and accompanied by the local and international speakers and panelists prior to the launch of Dubai International Boat Show. The topics discussed was on the threat of cyber-attacks to superyachts, sustainability, design in yachting, cryptocurrency opportunities for the maritime sector, the empowerment of women in the yachting industry as more than 100 leaders gathered and discussed.

The keynote speech was delivered by Sahah Al Rasti, the UAE’s first female captain, on International Women’s Day as the conference opened with a panel discussion regarding the empowerment of women in the sector, which was moderated by Abeer AlShaali, and the panellists were, Deputy MD of Gulf Craft, Al Rasti, Claire Ferandier Sicard, CEO and Founder of Environmental Training for Yacht Crew, Chloé Zaied, CEO at Hynova, and Dasha Moranova, CEO of Dasha Moranova Designs. 

“The UAE represents a great place for women to work and thrive, and there is no doubt the UAE has been a leader in supporting women in the maritime sector – identifying the best training and development programmes to help us grow,” said Al Rasti. “Women of the marine world are resilient and can challenge any ideas. We do need some more awareness as women in the segment though. In a largely male-dominated industry, we need to challenge ourselves and prove that we can not only succeed, but also work hand-in-hand with our male counterparts to drive the industry forward.”

Maritime pollution is a major cause of worry and was anchor topic – sustainability, as few eco-friendly yachts/boats were launched.  Key important speakers were Luis Marinho Falcão, Head of Sustainable Growth at Faro Boats, and Francis Lapp, CEO of Sunreef Yachts who highlighted the investments in sustainability for a cleaner environment and how innovation is driving change for the future of yachting.

“Everything is possible if you have both vision and intent,” said Falcão. “We don’t know what the future is in terms of sustainable powered solutions, whether it’s electric, hydrogen, or whatever the next generation of young inventors think up, but what we do know is that it is vital to keep heading in this direction and seeing where this path takes us. Our Faro5 Solar Set is the first fully autonomous, 100% sustainable boating solution and we are excited to showcase it at the Dubai International Boat Show.”

Dubai Harbor Marinas is a world-class maritime facility, featuring approximately 700 berths that can accommodate yachts up to 160m in length. As well as providing guests and crew with a full home port solution in one of the world’s most spectacular cruising grounds, Dubai Harbor Marinas also enable direct access to the open waters of the Arabian Gulf with no air draft limits. Boat owners and captains can ensure year-round access to the highest standards of expert technical facilities and security within the marina.

“It gives me great pleasure to welcome everybody to the new and permanent home of the Dubai International Boat Show,” said Abdulla Bin Habtoor, chief portfolio management officer at Shamal Holding, the owner and curator of Dubai Harbour. “We embarked on a journey a few years ago to design a new island in Dubai where we wanted to reimagine how the city engages with the seafront. In doing so, we designed the largest marina in the city, and one thing that we always had in mind was to design a permanent home for the Dubai boat show.”

“This was because we knew that we could not achieve our vision in the industry alone,” he added. “We need the right partners to showcase our strengths and offerings. With 700 marina berths, we are very much interested in growing the recreational boating industry in the UAE.”

H.E. Sheikh Nahyan Mabarak Al Nahyan, Cabinet Minister and Minister of Tolerance, UAE toured the Dubai International Boat Show 2022.

Sunreef Yachts exhibited their all-electric Sunreef 80 Eco at the Dubai International Boat Show along with one of the shipyard’s bestselling catamaran models 60 Sunreef Power, throughout the event at the Dubai Harbour Marina.

“We always look to the Dubai International Boat Show as a key calendar date for our business and an opportunity to connect with both regional and international visitors to further our standing in the region. We also look to the show as a platform to discover what advances the industry has made, with this edition being a return to the norm and we are expecting some fantastic launches. As a world leader in the industry and a driver of eco-friendly vessels, we’re excited to announce that our Sunreef 80 Eco will be on display at the event this month,” said Francis Lapp, Founder & CEO, Sunreef Yachts.

The Sunreef 80 Eco is the world’s most advanced green luxury yacht. Her standout features include a revolutionary composite-integrated solar power system with cells built into the catamaran’s hulls, superstructure, bimini and mast. This award-winning electric superyacht is also able to generate green energy while under sail, thanks to a modern hydrogeneration system. More detailed review from www.fvmglobal.com

THE SERENE HIGH SEAS PICNIC ABOARD THE SUNREEF 80 ECO https://www.fvmglobal.com/the-serene-high-seas-picnic-aboard-the-sunreef-80-eco/

Gulf Craft had phenomenal success at the Dubai International Boat Show as the event continues to serve as a key platform for the shipyard to showcase its latest offerings. This year’s edition saw the announcement and revelation of the very first images of a brand-new superyacht; the Majesty 111, the world premiere of the tri-deck superyacht, the Majesty 120, the adventurous Nomad 70 SUV, and the versatile SilverCat 40 CC catamaran. All the models from Gulf Craft’s diversified range of crafts – ranging from fishing boats and family cruisers to state-of-the-art superyachts were received well with enthusiasm and great interest by visitors.

Gulf Craft, which is celebrating its 40th anniversary, unveiled the design for a new superyacht at the Dubai International Boat Show. The UAE’s pioneering boat builder is once again presented the largest fleet of boats and yachts ranging from 34 to 120 feet.

Mohammed Alshaali, chairman of Gulf Craft, said that the Dubai International Boat Show is an event that celebrates the UAE’s fast-growing yachting sector, but also pays tribute to the region’s rich maritime heritage. “This year, we are highlighting the growth of our company as well as showcasing a series of new models all manufactured from our integrated facility in the UAE. Over the past four decades, we have evolved from a regional boatbuilding pioneer to a global brand. We are honored to have contributed to the region’s yachting sector and will continue to build on our legacy to elevate the nation’s reputation as an outstanding yachting destination.”

A jaw-dropping line up of more than 50 floating mansions from some of Abeer AlShaali, Deputy Managing Director, Gulf Craft, said, “Gulf Craft has been present at every edition of the Dubai International Boat Show since its very first event in 1992. As our ‘home show’ we are always keen to support the event and this year is no different as we will showcase 14 boats and yachts from our Majesty, Nomad, Oryx and Silvercraft brands, as well as two exciting world debuts and the reveal of the first design concepts of a very special new superyacht.

The show is an important event, not only for us as a brand but also for the global yachting industry as a whole. It puts a spotlight on the UAE – showcasing not only what the country offers in terms of marine lifestyle, but also the Government’s efforts to position Dubai as a global yachting tourism destination – something which Gulf Craft has worked closely with the local authorities to achieve. Cementing the value we see in the Dubai International Boat Show, we have chosen this year’s event as the platform to launch a year-long celebration to mark Gulf Craft’s 40th anniversary.  Dubai International Boat Show will be the first of many international events this year where we will proudly display our celebratory 40th anniversary logo and mark this significant occasion.”

Ferretti Group participated at the Dubai International Boat Show 2022, one of the most prestigious events in the Middle East. The Group showcased their 4-yacht fleet showcasing the Riva, Pershing and Custom Line brands and premièred for the United Arab Emirates, the Custom Line Navetta 30, and completing the collection, the Pershing 9X, Pershing 8X and Riva 100′ Corsaro will also feature.

Lürssen had its stand at Dubai Harbour. 

Dutch yard Feadship was the Supporting Sponsor of the Dubai International Boat Show and was located at the specially-designed section called Superyacht Avenue, close to Supercar Promenade. Feadship exhibited their “future yacht”, called PURE, an 81.75m vessel, that could be built today. Feadship emphasied about their evolving history in hybrid propulsion, supporting sustainabiloty, leading to “the world’s first luxury motor yacht with hybrid power”, the 83m Savannah, in 2015.

Pure, with no conventional wheelhouse and controlled from a concealed Command Centre, from where everything is simulated and displayed on screens. “The information required to drive Pure will come from all kinds of sources, such as radar, AIS, maps, depth sounders and cameras strategically placed around the yacht,” said a spokesman.

There was the Supercars promenade, from Dubai’s best private hyper/super car private club – Group 63 and largest richest collection from VIP Motors, hyper cars to supercars were displayed from Bugatti, Lamborghini, Ferrari, McLaren and some rare limited editions.

For the first time, Princess Yachts exhibited six yachts at the Dubai International Boat Show, the Y85 from the Yacht range, the Princess line-up at stand MD-30 also includes F50, F55 and F62 flybridge motor yachts, the powerful S62 sportbridge model and the V60 cruiser.

Prior to the show, Princess had a strong order book, as sales have tripled in the Middle East, over the last 12 months compared to the previous year, with significant trend towards the larger boats in the range, and the first X95 for the region was aboard a ship bound for the UAE.

Bentley had their luxurious stand, followed by Panerai and other luxury brands.

Dubai International Boat Show 2023 will bring boat owners, manufacturers, and enthusiasts together for another physical edition. The MENA region’s largest and most exciting marine and lifestyle show will be held at Dubai Harbour from 1 to 5 March 2023. The upcoming trade fair will be co-located with DIVE MENA Expo, where dive professionals will have the opportunity to explore the latest industry trends and meet with like-minded individuals.

Dubai International Boat Show 2023 will be the place where you can catch exclusive global and regional launches, experience high-level business networking, and learn more about the development of the boating industry. The expo will feature a lineup of over 50 floating mansions from leading marques like San Lorenzo and Cranchi, innovative products and other superyacht essentials.

Dubai International Boat Show 2023 will host numerous pavilions, on-site demonstrations, fishing and yachting competitions, and fantastic entertainment for young and adult trade visitors. The fair will also host an informative conference programme, including lectures and workshops with expert speakers.

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The 5 Most Expensive Superyachts in the World

Though superyachts are already among the most costly consumer items available for purchase, the prices of the most expensive superyachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and as such, the global superyacht industry is undergoing a golden age. The world’s über-wealthy think of their superyachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive superyachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to protect privacy or to shield the assets from taxation or seizure. Below, dive into the five reportedly most expensive superyachts in the world.

5. Dubai ($400 million)

This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch, Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century empire-style veneered furniture, as well as its state-of-the-art security systems including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich, the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real, and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-carat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

Dubai Boat Show: Builders struggle to keep up with billionaires' demands

Rise in high net worth individuals fuels luxury vessel industry.

March 02, 2023

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From Russian oligarchs to tech CEOs, here's who owns 10 of the most expensive luxury yachts in the world

• Rising Sun superyacht is valued at $200 million and was purchased by Oracle CEO Larry Ellison in 2004.
• Dilbar, seized by German police from a Russian oligarch, is valued at $735 million.
• These are 10 of the most expensive yachts in the world.

Rising Sun, valued at $200 million

Rising Sun superyacht is valued at $200 million and was purchased by Oracle CEO Larry Ellison in 2004, according to Robb Report .

Rising Sun was later purchased again by Geffen Records executive David Geffen in 2010, according to Club Yacht . Geffen also owns another yacht called Pelorus and his yachts have been frequented by celebrities like Oprah Winfrey, according to the outlet.

Aviva, valued at $250 million

Aviva, valued at $250 million is 323 feet long and was built in 2017, according to Robb Report . The boat is so large that it has a paddle tennis court that doubles as an indoor soccer field in its interior, according to the outlet.

Andreas Hering, the project manager of the shipyard where the boat was constructed, told Boat International that "in three years" to "build a big yacht around a padel tennis court was the main brief, I guess."

Octopus, valued at $200 million

Octopus, a 414-foot superyacht owned by Microsoft co-founder Paul Allen, is valued at $200 million, according to Robb Report.

The boat can accommodate 12 guests in 13 different cabins, according to Yacht Charter Fleet . The boat also has a dance floor and a movie theatre, according to the outlet.

Radiant, valued at $300 million

Radiant, a superyacht built for Russian oligarch Boris Berezovsky in 2010, is 360 feet long and worth $300 million, according to Robb Report.

The boat can accommodate up to 20 guests and 44 crew and sports a beauty salon, gym, pool, and jacuzzi, according to the outlet.

Dubai, valued at $400 million

The "Dubai" megayacht, owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, is 532 feet long and is worth around $400 million, according to Architectural Digest .

Topaz, valued at $527 million

Topaz was built in Germany for the deputy prime minister of the United Arab Emirates, Sheikh Mansour bin Zayed Al Nahyan, according to Dubai realtor LuxuryProperty.  

The nearly 500-foot yacht has a helicopter pad, gym, pool, and cinema hall, according to the realtor. Mansour owns Abu Dhabi United Group, which acquired Manchester United FC in 2008. 

Eclipse, valued at $600 million

The 533-foot Eclipse superyacht is valued at $600 million, according to the luxury magazine Robb Report .

The Eclipse is owned by Russian oligarch Roman Abramovich, one of 16 yachts and vessels that he owns, according to Forbes .

Azzam, valued at $600 million

Azzam is the largest and one of the fastest yachts in the world, according to Architectural Digest.

The boat took around three years to build and sits at 590 feet long and can travel at a speed of 35 miles per hour, according to the outlet.

Azzam is owned by the family of Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, who was the Second President of the United Arab Emirates before his death in May 2022.

Al Said, valued at $600 million

The 508-foot Al Said sits in the Lürssen shipyard in Germany and was purchased by the former Sultan of Oman, Sultan Qaboos bin Said in 2008 for $600 million, according to Robb Report.

The yacht can travel up to 25 miles per hour and has a concert hall that can accommodate a 50-person orchestra, according to the outlet.

Dilbar, valued at $735 million

Dilbar, owned by Russian oligarch Alisher Usmanov, is the largest superyacht in the world and it's valued at $735 million.

In April 2022, the yacht was impounded in Germany . German federal police said they seized the yacht after an investigation into "offshore concealment" and determined that Usmanov's sister is the owner of the yacht. The boat remains at a shipyard in Hamburg, Germany.

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Expats paying $43,000 school fees fuel rise of Dubai billionaire private operator

DUBAI – At Gems World Academy in Dubai, the United Arab Emirates, kindergarteners have access to iPads and students spend time at the school’s 70-seat planetarium. That all comes at a cost – fees that can rise to US$33,000 (S$43,000) by grade 12.

It is the most expensive school in the chain run by Dubai’s Gems Education, which is among the world’s largest private school operators.

Founded by Indian-born billionaire Sunny Varkey, Gems caters to every price point, starting at as little as US$3,900 a year. But a boom in the emirate’s financial sector has meant Dubai is home to a growing population of hedge fund traders and bankers willing to fork out premium prices.

Private schools are big business across the globe – and they tend to be pricey in most major hubs. In Britain, for instance, Nord Anglia Education has been looking to sell a stake at a US$15 billion valuation. But Dubai is more lucrative than its peers because local rules make the city’s public schools largely inaccessible to most expatriates.

That translates into big money in Dubai, where about 90 per cent of the population of 3.6 million is from overseas, giving businesses unparalleled opportunities to profit from the education system.

Foreigners from every part of the world – from the US and Britain to Russia and India – have been pouring in since the Covid-19 pandemic, attracted by the city’s safety and low-tax regime. The government in Dubai  expects the population to surge to 5.8 million by 2040.

For Gems, this means demand is running so high that it has drawn up plans to add 30,000 new school places, chief executive officer Dino Varkey, the founder’s son, said in an interview at the company’s headquarters.

This June, the Varkeys raised more than US$3 billion from local banks to recapitalise the business while Brookfield Asset Management and co-investors committed US$2 billion to Gems. The family is now estimated to control a US$3.7 billion fortune, the Bloomberg Billionaires index shows. 

The dependence on a city long known for dramatic boom and bust cycles leaves the business vulnerable to volatile expat numbers that can shrink in cyclical troughs. But for now, the Varkeys are betting that Dubai’s parents will continue to pay top dollar. 

Gems is the largest school operator in Dubai, where it competes with international names like private-equity backed Nord Anglia, as well as a string of local companies and branches of overseas institutions like Kent College.

About 80 per cent of families in the UAE are setting aside over a third of their monthly income to pay for tuition, according to data assessed by investment banking advisory firm Alpen Capital, which cited a survey. Some of them have drained their savings and resorted to personal loans to finance their children’s education. 

While data is scarce, a 2017 study from HSBC Holdings found that foreigners in the UAE spend more on education than families anywhere in the world except Hong Kong. And despite shelling out thousands of dollars, there used to be lingering concerns that the relatively young schooling system could sometimes fall short of international standards, prompting some residents to pay higher fees than they want to in order to ensure a good education.

“The quality of education in Dubai is improving, but concerns remain due to the relative newness of many schools compared to more established systems in other expat hubs,” said Ms Karen Cedillos, senior vice-president for US-based Corporate Relocation Services. 

But these days, the expat influx has meant that Dubai schools are nearly at full capacity. Many parents are placed on waiting lists, forcing some to pay even more than budgeted. 

“In our experience, the high cost of education in Dubai significantly influences expats’ salary expectations,’’ said Ms Cedillos. “Clients tell us that the added financial burden often leads expats to attempt to negotiate higher salaries.” BLOOMBERG

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Billionaire's yacht sinking: Sicily opens manslaughter probe as last movements of victims revealed

Uk tech tycoon mike lynch had invited friends and family onto the boat to celebrate his recent acquittal in a massive us fraud case.

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Sicilian prosecutors said on Saturday they were investigating possible manslaughter after a superyacht sank killing seven people, as it emerged that trapped passengers scrabbled for air pockets after it went down.

UK tech tycoon Mike Lynch, his 18-year-old daughter Hannah, four friends and the yacht's cook died when the British-flagged Bayesian sank in a storm before dawn on Monday.

"The Public Prosecutor's Office of Termini Imerese has registered a file with the state against unknown persons, hypothesising the crimes of negligent shipwreck and multiple negligent manslaughter," state prosecutor Ambrogio Cartosio told reporters on the Italian island.

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But he said he was only announcing the probe due to the huge international interest in the case, stressing: "We are only in the initial phase of the investigations.

"At this stage, precisely because the investigation could develop in any way, we are absolutely not ruling anything out."

Lynch, 59, had invited friends and family onto the boat to celebrate his recent acquittal in a massive US fraud case.

But the 56-metre (185-foot) yacht was struck by something akin to a mini-tornado before dawn on Monday as it was anchored off Porticello, near Palermo.

Fifteen people were rescued and the body of the yacht's chef was found shortly afterwards. Six passengers were reported missing.

A major search operation including specialist divers subsequently identified the bodies of four of Lynch's friends on Wednesday.

Lynch's body was found on Thursday and that of his daughter, who had been preparing to go to Oxford University, on Friday.

The bodies were found in two cabins on the side of the ship closest to the surface, and officials said they believed the trapped passengers had moved there in a bid to find pockets of air.

The ship sank by its stern — the back — and came to rest on its right side on the sea bed, some 50 metres down, Girolamo Bentivoglio Fiandra of the fire service said.

He told reporters the passengers inside "took refuge to seek safety in the cabins on the left side where somehow the last air bubbles formed".

"We found the first five bodies in the first cabin on the left side, and the last body in the third cabin on the left side," he said.

Bayesian's emergency flare had gone up at 4.38am (0238 GMT) on Monday morning, and the coastguard immediately deployed — but when they got there, it had already sunk.

Contrary to previous reports, Raffaele Macauda, from the Sicilian coastguard, said there had been no storm warning that night.

"It was a sudden and unexpected event," added Raffaele Cammarano, another state prosecutor.

The officials said the crew were free to leave Sicily during the investigation.

Information on whether the yacht's doors were open — which might explain why it sank so fast — would not be possible to confirm until the wreck was recovered, the officials said.

This could take weeks.

Lynch, once dubbed the British "Bill Gates", founded software firm Autonomy in the 1990s. Its $11 billion sale to Hewlett-Packard in 2011 saw him face fraud charges in the United States.

A jury in San Francisco acquitted the 59-year-old and a co-defendant of all charges in June.

After Hannah's body was brought ashore on Friday, her family issued a statement describing their "unspeakable grief".

"The Lynch family is devastated, in shock and is being comforted and supported by family and friends," it said.

US lawyer Chris Morvillo, a partner at top law firm Clifford Chance who worked on the US trial, also died along with his wife Neda.

The bodies of Jonathan Bloomer, the chair of Morgan Stanley International, and his wife Judy, were also found.

The chef was named in various media reports as Canadian-Antiguan Recaldo Thomas.

• Bayesian yacht sinking: Body of UK tycoon's daughter found, says source
• Missing billionaire's yacht: 4 bodies found by divers during search

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Inside the luxury £30m yacht that sank in Italy with billionaire Mike Lynch on board

The bayesian yacht that sank off the coast of sicily on monday was once one of the most luxurious vessels in the world.

Joshua Nair

The luxurious yacht that sank off the coast of Sicily on Monday was once a multi-award winner for its sharp interior design.

In the early hours of Monday (19 August) morning, the sailing ship known as the Bayesian capsized and sank when a storm hit the coast of Sicily.

At the time, it was carrying 12 passengers along with 10 crew members.

It has been confirmed this morning that five of the six missing bodies have been recovered, including that of British billionaire Mike Lynch, 69 .

Chef Recaldo Thomas has also been confirmed dead, as only 15 of the 22 passengers made it onto a lifeboat before being discovered by a fellow ship.

The 184 feet (56 metre) superyacht was sold to Dutch real estate developer John Groenewoud for almost $40 million (£30.4 million), before being bought by Lynch's wife, Angela Bescares, who survived on Monday, for around £27 million in 2014.

Previously called Salute, the vessel was British -flagged and boasted the tallest aluminium mast in the world when it was built in 2008, which stood at 72 metres, winning it the award of 'best exterior styling' at the 2009 World Superyacht Awards, according to The Telegraph.

The stunning interior included a number of sleek, luxurious furnishings created by Remi Tessier, a yacht design specialist.

This also earned the vessel a number of awards, having received acclaim through its masterfully designed master bedroom, three double and two twin bedrooms, which accommodated 12 guests.

The superyacht had dark wood furnishings that were complimented by beige sofas and a deck that featured a large canvas to keep guests cool while at sea in the summer.

There were more intricate details onboard too, with thin brown pillars and intricate terracotta sculptures adding some Japanese culture to the ship's styling.

The Bayesian went on to win best interior at the International Superyacht Society Awards in 2008, while also being voted as one of the best large sailing yachts at the 2009 World Superyacht Awards.

Currently owned by Revtom, a company that lists Bacares as its legal owner, the yacht's name comes from a statistical model called 'Bayesian', which helps financial investors calculate risk.

This was Lynch's Ph.D. subject, which would help him to build his multi-billion pound empire in the future.

Operated by Camper & Nicholsons, the superyacht had twin 965 break horsepower engines, which has a range of 3,600 nautical miles at around 14-17 mph.

Following the tragic accident involving those onboard the Bayesian on Monday, a number of people linked to those who have gone missing have offered words of hope and support in the search for their bodies.

A friend of Lynch, Brent Hoberman, told Sky News they were 'all hoping for a miracle'.

"We knew it was unlikely but you still hold out hope," he said. "It's just so unbelievably tragic for him to go through what he went through over the last 12 years, defending his name and not really living a full life, to now for his death to be confirmed is obviously incredibly sad."

Topics:  Travel , UK News , World News , Bayesian yacht

Joshua Nair is a journalist at LADbible. Born in Malaysia and raised in Dubai, he has always been interested in writing about a range of subjects, from sports to trending pop culture news. After graduating from Oxford Brookes University with a BA in Media, Journalism and Publishing, he got a job freelance writing for SPORTbible while working in marketing before landing a full-time role at LADbible. Unfortunately, he's unhealthily obsessed with Manchester United, which takes its toll on his mental and physical health. Daily.

@ joshnair10

• Crew member on board yacht disaster that killed 'British Bill Gates' Mike Lynch describes moment they were 'thrown into water'
• British billionaire Mike Lynch one of five bodies recovered from sunken yacht disaster
• 'British Bill Gates' Mike Lynch one of four Brits missing after £14m yacht sank off coast of Italy
• Brother of missing billionaire on yacht says missing people could still be alive due to 'air pockets'

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