Real Heights Real Estate Broker

Luxury marina developer, Island Global Yachting (IGY) on Wednesday announced that the first marina on Palm Jumeirah, Anchor Marina is on schedule to open this December.

IGY will also be launching an online auction site to lease berths in this marina to owners and residents of Palm Jumeirah.

Anchor Marina will comprise 590 berths, destined for use by yachts measuring 10 metres to 30 metres in length. The marina will also include concrete pontoons with modern technology such as LED illumination, underwater lighting, wireless internet connections and concierge services.

Anchor Marina will also offer two clubhouses to guests, one on Anchor Marina East for families and the other on Anchor Marina West complete with restaurants.
"We are delighted to announce the scheduled opening of Anchor Marina for this December. It's a fantastic product that will propel Dubai onto the global stage as a yachting destination of choice," Michael Horrigan, chief executive of IGY Middle East and Europe, said.

The auction site has been developed to undertake the auction from November 1 to 7. Owners and residents will be limited to leasing one berth per property and leases will be valid for five years.