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Dubai Pre-Owned Boat Show sales exceed Dhs26m

United Arab Emirates: Wednesday, November 23 - 2011 @ 13:20

Prospective and existing boat owners from around the region, as well as fun-seeking families headed to the Dubai Creek Marina to view the striking pre-owned boats for sale as well as take part in exciting activities on the water including a Jet Ski competition.

Despite the frivolity of the occasion, business remained a key focus and the event proved to be a phenomenal success with 22 boats sold at a combined price of over Dhs26m. The highly sought-after Princess 50 was snatched off the market on the first day itself at the competitive price of Dhs4m. Separately, the top two buyers bought boats totalling Dhs7.5m respectively, including a pristine Azimut 62 for Dhs4m.

Sales were not limited to boats alone, as the event provided a ‘one stop-shop’ with a complete range of retail offering from the marine and leisure industries. Speaking on the event’s success, Mustafa Al-Hashimi, Club Manager of Dubai Creek Golf and Yacht Club said, “Following the successful debut of the Dubai Pre-Owned Boat Show last year, we are thrilled to see that this year’s event has surpassed the last. The show was eagerly received by not only boating enthusiasts from around the region, but many families from the local community. With boat sales topping Dhs26m, the overwhelming demand for the second Dubai Pre-Owned Boat Show truly demonstrates that there is a strong and growing appetite for pre-owned boats in the region which this event is able to satisfy, and we very much look forward to building on this success for next year’s event. Having increased the exhibitor area this year by 20% we successfully served as a platform to directly engage buyers and sellers of pre-owned boats, marine equipment and boating services. ”

Sultan Bin Al-Sheikh Bin Mohammed Bin Mejren, Founder of Samawy Marine Boat Manufacturing Company, and one of the many prestigious exhibitors at Dubai Pre-Owned Boat Show, added: “We are pleased with what the show has achieved in terms of our sales; it was a huge success, bringing a great business environment to an informal atmosphere with a truly exquisite display of boats and yachts, including those made to international standards. As someone who has been a member of the Dubai Creek Golf & Yacht Club for more than 18 years, it was good to feel the familiar community spirit and excitement over the three days at the creek club.”

The Dubai Pre-Owned Boat Show took place from 17-19th November at Dubai Creek Marina, sponsored by Midex Airlines, and showcased 85 boats to the value of 55m, ranging from a 25ft to 88ft and from Dhs30,000 to Dhs22m. Buyers were able to conveniently ‘buy and sail it home’ with key partners such as Arabian Scandinavian Insurance Co. (ASCANA) on site to provide special offers on boat insurance, and Gulf Finance to offer marine finance for buyers.

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Wednesday, November 23- 2011 @ 13:20 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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