Nakheel adds 650 berths with two sites at Palm Jumeriah and six on Deira islands
Leading Dubai real estate developer, Nakheel, is currently investing AED180m (about $50m) in eight new marinas with a total of almost 650 berths.
The two new small marina facilities on the Palm Jumeirah, one at the Azure Residences and the other at the Pointe, will cost some AED15m ($4m) and provide between them 44 berth for yachts up to 30m (98.5ft). With the two existing Palm View East and West marinas on the Palm with 556 berths this will give this Dubai landmark a total of four marinas and 600 berths.
These two new facilities are being built by Majestic Marine Engineering with Applied Technology & Management as the project consultants.
At the Deira Islands, a new multi-island development close to Port Rashid which will host a number of high-end resorts, six new marinas with a total investment of AED165 (about $45m) are planned or under construction. This group of marinas will between them offer 614 berths for yachts up to 60m (197ft).
These new facilities are part of a major expansion of marina capacity in the UAE and especially the emirate of Dubai. Ali Saeed Bin Thalith, a director of Nakheel Marine, the division of the Nakheel group that oversees its marina projects, recently indicated that the number of boat owners in the UAE is anticipated to double to some 20,000 by 2025. Consultants Frost & Sullivan in a recent report suggested that the UAE boating sector was worth about AED5.5bn ($1.5bn).