HH Sheikh Mohammed bin Rashid Al Maktoum: his Net Worth, his Palaces and his Dubai Yacht
MY Dubai | Specifications
162 m (532 ft)
48 in 24 cabins
88 in 44 cabins
Dubai Yacht Price:
US$ 500 million
Ruler of Dubai
Sheikh Mohammed bin Rashid Al Maktoum
Mohammed Al Maktoum Net Worth:
US$ 5 billion
Ruler of Dubai
July 15, 1949
Haya bint Hussein, Hind bint Maktoum bin Juma Al Maktoum, Zoe Grigorakos
23, including Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
Zabeel Palace, Dubai, United Arab Emirates
Boeing 747 BBJ (A6-
Boeing 747 BBJ (A6-
Our Super Yacht Owners Database: more than 1,050 Yachts and Yacht Owners.
Dubai is one of the largest yachts in the world. According to Social Media posts by the Al Maktoum family, the yacht is used often. But she never leaves UAE waters.
He is the Ruler of Dubai. He is also Vice President and Prime Minister of the United Arab Emirates (UAE). He was born in 1949. He became Ruler of Dubai in 2006. He has 3 wifes and 23 children.
Sheikh Mohammed is the third son of Sheikh Rashid bin Saeed Al Maktoum. He is a descendant of the House of Al-
His father Sheikh Rashid bin Saeed Al Maktoum was responsible for the transformation of Dubai. From a small cluster of settlements near the Dubai Creek to a modern port city and commercial hub.
He tried to develop the economy of Dubai. So that it could survive after the end of oil production.
Sheikh Mohammed has been responsible for the creation and growth of a number of businesses and economic assets of Dubai. He is owner of 2 large companies: Dubai World and Dubai Holding.
He is responsible for the launch of Emirates Airline. As well as heading the development of both Dubai International Airport and Dubai World Central -
The net worth of the Al Maktoum family is estimated at more than US$ 5 billion.
Sheikh Mohammed reportedly lives in a large complex of several palaces, where all his family members live.
The area is called Za’abeel, and houses the Zabeel Palace, which was the official residence of Sheikh Rashid.
Sheikh Mohammed also owns water front palaces near Palm Island. He also owns two private islands near Palm Islands.
On the photo hereunder of the so called Logo Island, the yacht Dubawi is clearly visible .
The yacht is one of the largest yachts in the world. With a length of 162 meter (532 ft) and a displacement of 13,470 tons. Her top speed is 26 knots.
Dubai can accommodate 48 guests in 24 cabins. And she has a crew and staff of 88. She is designed by Andrew Winch. The Dubai yacht was delivered in 2006.
Her features include a large pool, a disco and a garage for the yacht’s submarine.
The family frequently uses the yacht, but mainly for day trips near Dubai. The Al Maktoum Family is active on Instagram. And many photos of the family using the yacht can be found online.
The boat is not available for yacht charter. The yacht is not listed for sale.
The yacht was originally planned for Prince Jeffrey of Brunei. The brother of the Sultan of Brunei. Construction started in 1996 in a collaboration between Lurssen Yachts and Blohm & Voss.
Around 2000 Prince Jeffrey suffered some legal problems with the State of Brunei. And he was forced to abandon the project. In 2001 the hull was acquired by Platinum Yachts in Dubai. And the project was finished as Royal Yacht for the Ruler of Dubai in 2006.
The Al Maktoum family owns many yachts including Dubawi and the Silver Yacht Smeralda. Both are probably owned by Sheikh Mohammed’s son. Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
The yacht Dubawi is a converted cruise ship. Also the yachts Quattroelle and Quattroelle Shadow are owned by the Royal Family. Reportedly by the Crown Prince.
Sheikh Mohammed’s son Mansoor is the owner of the Benetti Yacht Code 8.
We also think that the Benetti DXB is owned by the Al Maktoum family and the Trinity Sapphire was owned by the family, but sold in 2014.
Sheikh Mohammed has a fleet of private jets. They are registered to Dubai Air Wing. A Boeing 747 with registration A6-
The family als uses the A6-
Further the Al Maktoum family used the A6-
The family is active on social media and show many photos of their private life. See some photos at the bottom of this page.
Message to other Media
Material may not be published, broadcast, rewritten or redistributed without a link to the original content.
Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.
Scroll all the way down for more amazing content!