Used Majesty Yachts For Sale
Majesty Yachts is a line of highly customizable luxury super and mega yachts built by Gulf Craft Inc. owned and operated shipyards in Dubai, United Arab Emirates (UAE) and another facility in The Maldives. Gulf Craft was founded in 1982 by the Alshaali brothers—Mohammed, Abdullah, and Jamal, along with friend, Dr Mohammed Hamdan. Mohammed Alshaali serves as Chairman of the company that began as a manufacturer of small open boats. Ten years later, Gulf Craft expanded with a line of larger flybridge designs with inboard diesels.
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History of Majesty Yachts
As Gulf Craft’s builds grew in length over the years and sales to Europe increased, the facility expanded in 2000 with a new shipyard able to manufacture superyachts up to 155ft with hulls constructed of lighter, stronger composite material. In 2017, Gulf Craft became a publicly traded company through an IPO in the Dubai financial market with a vision to become a superyacht hub in the Mideast, in keeping with the trend in Europe for destination marinas that cater to the luxury lifestyle of the world’s wealthiest with more berths to accommodate superyachts.
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