Gulf Craft Building Superyacht Shipyard in Dubai

The United Arab Emirates-based superyacht manufacturer Gulf Craft is planning to invest USD 100 million over the next five years in a new shipyard for luxury yachts spanning over approximately 900,000 square feet within the Dubai Maritime City complex.

Commenting on the announcement, Mohammed Hussein Al Shaali, Chairman of Gulf Craft, said: “Gulf Craft reiterates its support to fly the UAE flag high with regard to further raising the reputation of the Emirati manufacturing industry on a global scale.

As a company, a presence in Dubai Maritime City is a huge step towards further building on our vision to grow Gulf Craft’s global success with regard to building vessels that reflect the latest in innovative concepts, designs and technology.

A prominent footprint and operations within the Emirate of Dubai places Gulf Craft in the heart of the regional and international market.”

Dubai Maritime City, spreading over an area of ​​over 2.27 million square meters, is located north of the main city centre and creek area business district, between Port Rashid and Dubai Dry Docks.