DP World plans new marina for luxury yachts at Rashid Port
06 March, 2016
DP World has unveiled designs for its new ‘Port Rashid Marina’ project. Mohammed Al Mannaei, Director of Mina Rashid DP World, explained the project comes in response to an increased demand for luxury yachts.Tenders for the project will be invited soon. The first phase is scheduled to be open by 2018. Phase 1 will hold more than 400 boats and sailing yachts, with lengths between 15 and 35 metres. The second phase will be for luxury yachts, and able to accommodate berths of more than 100 metres.