“Chirag Shah, SmartYacht’s Middle East Managing Director, walked me through the hows and whys of yacht co-ownership and…I get it now. Don’t be too quick to judge based on price (like I did). When I first saw that the starter package is priced at 133,000 AED, I definitely suffered from sticker shock! But then I considered how it’s tax-free here and it wouldn’t be out of the question to split it with another couple. Or perhaps you’re a corporate honcho who is constantly entertaining. The initial investment is a drop in the ocean when you consider how your drop-out rate would decrease significantly if people knew they’d be aboard a luxury yacht instead of stuck inside yet another boring hotel room!
Now, I myself am not a boat owner (I wish!). BUT, most of the people I know who have had boats in the past confess that they never used them as frequently as they would have liked. It’s rather like having a holiday home. You only stay in it for a small portion of the year but you’re still stuck with paying the year-round costs of running and cleaning the place. That’s the beauty of fractional yacht ownership—you get the luxury of having a yacht but without the full costs that come with owning one full-time.
Think about it, the list of things you can do is endless! Day trips roaming around to all of the wonderful nooks and crannies of the UAE, sailing brunches (skip the standard hotel brunch and get out on the water!), to, oh, let’s say a #TanAndTatt outing! (What’s that, you ask? Tanning and Taittinger champers, of course!) Really, you could have so much fun with a boat.”
The full content of the testimonial can be found here. The page also contains a detailed account of the author’s great boating and dining experience aboard one of our vessels.