How best to own a yacht in the Dubai Marina

ArabianMoney editor and publisher Peter Cooper goes down to the Dubai Marina to interview Captain Chris Mol about the state of the yacht market and how best to own a boat in Dubai.

With more than 430 yachts currently moored in the Dubai Marina this is the largest facility for berthing yachts in the Middle East and a major success for the city or is this an illusion?

Chartering from AED800 an hour sounds a much better proposition than buying a $600,000 yacht, and that is just for the smaller type…