Island Global Yachting (IGY), the luxury marina developer and management company, said Anchor Marina, the first marina on Palm Jumeirah, will to open in December.

In an innovative move that marks a change in the way berths are made available, IGY has also confirmed that it will be launching an exclusive online auction site to lease berths to owners and residents of Palm Jumeirah.

Anchor Marina, delivered in partnership with Nakheel, represents one of IGY’s most prestigious projects.

The marina’s 590 berths will provide private yachts, between 10-30m in length, modern infrastructural elements such as spacious concrete pontoons in conjunction with some of the most modern technology available to boat owners.

These include LED illumination, underwater lighting, wireless internet connections and bespoke concierge services.

'To reflect the prestige that is associated with Palm Jumeirah, great care has been taken to ensure that the structure and quality of service experienced at Anchor Marina will position it as one of the world’s most well-appointed marinas,' Michael Horrigan, CEO Middle East and Europe, IGY said.

It will offer guests the choice of two clubhouses; one located on Anchor Marina East and the other on Anchor Marina West.

The East Clubhouse will be designed for families while the West Clubhouse will have a sophisticated atmosphere with fine dining 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,' Horrigan remarked.

'Located on the iconic landmark Palm Jumeirah, which is instantly recognisable around the world, we have worked hard to deliver, what we believe is a marina that will complement its fabulous surroundings.'

'We know that demand for Anchor Marina will be high so we decided to explore new ways of leasing its berths to ensure a level playing field for interested parties - and the idea of an online auction site developed.'

'We are anticipating a huge demand for the berths and this has been considered the most transparent and fair way of launching the first tier of leases,' he added.

The dedicated auction site, www.igyauctions.com, has been developed to undertake the week long auction from November 1 to 7 and is exclusively for owners and residents of Palm Jumeirah.

The owners and residents will be limited to leasing one berth per property and leases will be for the period of five years. The berths available for auction will be located on both the East and West side of Anchor Marina for yachts between 10–30m in length, inclusively, he added. 

'Prospective bidders can register from October 15 from which they will become pre-qualified. Once pre-qualified, the users will then be able to exclusively browse the site and place bids on a unique selection of berths available for long-term leasing.

IGY will be attending the prestigious Monaco Yacht Show later this month where the company will be making a number of exciting announcements on new projects in the Middle East, Europe and worldwide. -TradeArabia News Service