D-Marin Dubai, a joint venture between Meraas, Dubai Holding and D-Marin, one of the largest marina chains in the Eastern Mediterranean, said it has begun managing operations of Al Seef, Marasi and Jaddaf Waterfront marinas in Dubai.

It will mark the first step in a mission to turn Dubai into an international destination of preference for luxury yacht owners, said a statement from the company.

D-Marin Dubai was established at the end of 2018 to meet the growing demand for the development and management of marinas in the Gulf region and to create a regional maritime hub in Dubai.

The company will manage and operate the existing and future marinas being developed by Meraas and Dubai Holding, as well by third parties. Overall, D-Marin Dubai is expected to manage and operate more than 1,600 berths.

As per the deal, the recently-established company will provide marina management services to Al Seef, Marasi and Jaddaf Waterfront marinas as well as technical consultancy to Meraas’ projects at Port de La Mer, the Mediterranean-inspired waterfront destination, and Dubai Harbor, the only yachting community hub in the Middle East. It will also offer the same services at Marsa Al Arab marinas.

The company, through D-Marin Dubai, will continue its commitment to develop marina management services in the Middle East, to diversify and contribute to the development of the Dubai economy, and to elevate the city’s position as an important luxury maritime tourism destination in the region.

As a result of the joint venture, D-Marin has expanded its marina network and reach to14 marinas in five countries.-TradeArabia News Service

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