Yachts will soon be able to anchor close to the Burj Al Arab from sunrise to sunset. Antonie Robertson / The National
Yachts will soon be able to anchor close to the Burj Al Arab from sunrise to sunset. Antonie Robertson / The National

Dubai to allow yachts to anchor off Burj Al Arab from sunrise to sunset



The Dubai Maritime City Authority has launched two new marine leisure areas off the coast of the Palm Jumeirah and the Dubai Canal.

The Burj Al Arab anchorage, located between the Burj Al Arab and the Palm Jumeirah, will be open from sunrise to sunset for kayaking, doughnut and banana boat riding, paddle boarding, wake boarding and jet skiing. It will have 30 berths for short term anchorage for vessels up to 100 metres long. Non-motorised activities must have a support boat within 500 metres.

For longer stays, the Jumana West anchorage has opened in front of the Dubai Canal near Jumana Island. It is a sheltered areas suited to small and medium yachts with a view of the Dubai skyline.

Also known as the Bulgari Marina, it can accommodate five vessels up to 100 metres in length. Kayaking, doughnut and banana boat rides, paddling boarding and wake boarding are permitted.

Rates have not been set yet.

Anyone interested in dropping anchor can email SOS@dmca.ae or visit the authority's website for more information.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.