Question 1

What does a yacht broker in Dubai charge in commission?

Accepted Answer

The international brokerage standard is 10 percent of the final sale price, paid by the seller from the sale proceeds, and shared between the selling and buying brokers when two brokers are involved. Buyers normally pay no brokerage fee. Charter bookings are commonly commissioned at around 15 percent of the charter fee. Jonacor Yachts confirms the exact rate in the written listing agreement before marketing begins.

Question 2

What documents are needed to register a yacht in the UAE?

Accepted Answer

UAE registration through the Dubai Maritime Authority normally requires proof of ownership (builder's certificate or notarised bill of sale), a deletion certificate from the previous flag state, the owner's Emirates ID and passport copies or the company trade licence and ownership documents, a marine survey or tonnage measurement, valid marine insurance, and a berth or mooring contract. Requirements vary by vessel size and owner type.

Question 3

Can a non-resident own a yacht registered in the UAE?

Accepted Answer

UAE private registration is designed for UAE nationals, UAE residents and UAE-registered companies. Non-residents commonly hold the yacht through a UAE free zone company, or keep the yacht under a foreign flag such as the Cayman Islands, Malta or Marshall Islands and berth it in Dubai. The right route depends on the yacht's size, use and tax position, so take specialist advice before signing.

Question 4

How long does a yacht purchase take from offer to delivery?

Accepted Answer

A straightforward brokerage purchase usually takes four to eight weeks. The offer and deposit take a few days, sea trial and survey are typically booked within two to three weeks, the survey report and any price renegotiation take a further week, and closing, flag registration and handover follow. Imports, finance approvals and shipyard remedial work extend the timeline.

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