The UAE has introduced the Middle East’s first online marketplace for superyachts and luxury boats, revolutionizing the way enthusiasts can buy, sell, or rent these maritime vessels. YachtFinds.com has unveiled this platform, which currently features 100 vessels valued at Dh200 million, with plans to expand its offerings to meet the growing demand in the region.
Designed by yacht owners, professionals, and digital marketing experts, the online marketplace aims to simplify maritime transactions through innovative digital solutions. Developed in collaboration with IR Yachts Consultancy and Innovation Box, the platform caters to the yachting community in the Middle East, providing a seamless experience for both buyers and sellers.
The launch event at the Dubai International Boat Show was attended by industry leaders, investors, and marine enthusiasts, highlighting the significance of this digital platform in the region’s maritime industry. The platform is equipped with artificial intelligence technologies to enhance the listing, buying, and renting processes, offering users a tailored search experience to find their ideal vessel.
The UAE, a favored destination for yacht owners globally, accounts for half of the yacht and marina market in the Arabian Gulf and the wider Middle East. With a rapidly expanding maritime market in the GCC, the online marketplace is well-positioned to cater to the diverse needs of individuals, brokers, dealers, and event organizers in the region.
Al Suwaidi, the CEO of YachtFinds.com, emphasized the platform’s role in driving innovation and investment in the yacht and boat industry, transforming yacht ownership into a lucrative asset with rental opportunities. The platform offers a wide selection of vessels, from compact models for family outings to luxurious yachts for high-end adventures and exclusive events, catering to both enthusiasts and industry professionals.
The global yacht and boat manufacturing sector is experiencing significant growth, with the yacht rental market projected to expand at a compound annual rate of 15%. This growth indicates a shift towards digital platforms like YachtFinds.com, offering a comprehensive range of luxury boats and yachts from top manufacturers to a global audience of buyers and renters.
As the industry evolves and embraces digital innovation, platforms like YachtFinds.com are reshaping the maritime experience for enthusiasts worldwide. With a focus on providing detailed information on luxury vessels and leveraging advanced technologies, the online marketplace is set to redefine how individuals engage with the yachting community and access top-tier maritime offerings.
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