The CODE 8 Yacht, initially christened as Golden Cell, is a luxurious creation by renowned Italian shipbuilder, Benetti. Launched in 1996, this 50-meter vessel blends engineering prowess with exquisite style, boasting an ability to accommodate 12 esteemed guests in six plush cabins.
Key Takeaways
- The CODE 8 Yacht was initially launched as Golden Cell by Benetti in 1996.
- Powered by two MTU engines, she can reach a top speed of 18 knots and boasts a range of over 4,000 nautical miles.
- Following a refit in Italy, the yacht acquired her current name – Code 8.
- Currently owned by His Highness Mansoor bin Mohammed al Maktoum, the yacht is listed for sale, suggesting a potential new yacht on the horizon for the Dubai royal.
- The value of the Yacht CODE 8 stands around $12 million, with estimated annual running costs close to $1 million.
A Showcase of Power and Grace
Under the hood, the yacht is powered by two robust MTU engines. These state-of-the-art engines ensure an impressive top speed of 18 knots and a comfortable cruising speed of 16 knots. Given her design and power, the CODE 8 Yacht boasts an estimated range exceeding 4,000 nautical miles, allowing for memorable voyages across the high seas.
A Vision in Design
The interior design of the Yacht CODE 8 , masterfully orchestrated by Zuretti Interior Design, captures the essence of seafaring luxury. Each cabin echoes the harmonious blend of aesthetics and functionality, providing guests with a serene retreat amidst the vastness of the ocean.
A Voyage Marked by Challenges
After her launch in 1996 as Golden Cell, the yacht endured an unfortunate grounding incident in the Sunshine Coast region of BC, Canada in 1999. Following this event, she was sold and renamed Don Pablo. Financial troubles led to another change in ownership in 2012, with the vessel briefly known as Jeoon before undergoing a refit in Italy, and finally acquiring her current name – Code 8.
A Royal Ownership
Today, the yacht’s owner is His Highness Mansoor bin Mohammed al Maktoum. A member of the Dubai royal family and the son of Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and the prime minister of the United Arab Emirates. As an influential businessman and investor, His Highness is involved in various industries, including real estate, finance, and technology. He has listed the yacht for sale, sparking speculation that he might be commissioning a new yacht.
The Price of Luxury
The value of the MY CODE 8 stands around $12 million, with estimated annual running costs close to $1 million. The valuation of such a vessel can fluctuate significantly based on factors such as size, age, level of luxury, and the materials and technology deployed in its construction.
Benetti Yachts
Benetti Yachts is a luxury yacht builder based in Viareggio, Italy. The company was founded in 1873 and is one of the oldest yacht builders in the world. Benetti specializes in building custom-made motor yachts, with sizes ranging from 34 to over 100 meters in length. They are known for their high-quality craftsmanship, attention to detail and use of advanced technology. Notable projects include James Packer’ IJE, LUMINOSITY, and LIONHEART.
Zuretti Interior Design
Zuretti Interior Design is a French interior design firm that specializes in creating bespoke interiors for luxury homes, yachts, and private jets. The company was founded by Francois Zuretti and is based in Nice, France. Zuretti Interior Design is known for its unique and sophisticated approach to interior design, combining traditional Italian craftsmanship with modern design techniques. The company has designed interiors for a wide range of clients, from private individuals to multinational corporations, and is recognized for its attention to detail, use of high-quality materials, and ability to create custom-made furnishings and fixtures. Notable projects include the Lurssen Scheherazade, Symphony, and Katharine.
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Yacht Charter
The boat is not available for yacht charter. But the yacht is listed for sale.
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