Timeshare opportunities in Dubai

The National newspaper of Abu Dhabi reports on the Timeshare industry scene in Dubai

Almost 50 years after the idea of timeshare was introduced in the French Alps to help a group of friends buy a holiday home by pooling their money, it is undergoing a revival in the Emirates.

Following the trend in other parts of the world, the idea of timeshare in the UAE is growing beyond property to luxury items such as yachts.

“We are going to start a yacht time-sharing in the first or second week of March,” said Sam al Abbasi, the managing director of 4Yacht Arabia. “We will have three or four yachts for time-sharing in the UAE.”

4Yacht will have timeshare options ranging from a few weeks to several months.