Abu Dhabi is to construct a new sailing village to boost the Emirate’s appeal to watersports fans, the country’s tourism authorities announced June 13.

The new “Destination Village” will be completed in time for the abu dhabi Volvo Ocean Race’s stop in the Emirate, which is currently scheduled for January 1, 2012.

While the Volvo Ocean Race is in town, the 55,000 square meter village will be the home of the flotilla and a place for members of the public to visit and see the yachts, which will be taking a break on the third stop of their round-the-world competition.

Harrods has teamed up with specialist London brokers Watkins Superyachts to offer their most expensive product ever – a £100-plus million motor yacht.

During the month of May three remarkable window displays will feature models, images and details of a unique and exclusive range of yachts.

There will also be specialist in store representation throughout the month, together with tailored direct marketing to the Harrods customer database.

Targeted at a luxury travel market, the Lifestyle & Luxury Tourism Fair 2011 styles itself the first high-end event in its part of the world.

Everything from luxury golf vacations to yachts will be on offer at the event, which also includes workshops and stage performances.

The super-luxe 73.5-metre superyacht Sapphire launched by Germany’s Nobiskrug last year has been listed for sale via Edmiston for $110 million.

The elegant steel displacement yacht with sleek exterior lines courtesy of Newcruise Yacht Projects of Hamburg is a pleasure craft fit for a billionaire with luxurious accommodation for 12 guests in six cabins along with 8 crew, with an emphasis on spaciousness throughout the well-appointed interior.

A hydraulically-retractable touch and go helipad on the aft deck provides the owner and friends a stylish way to arrive on board.

The 73.5-metre Silver Zwei, the world’s fastest long-range superyacht built by Hanseatic Marine, has been listed for sale via Burgess for €59 million.

Krass actually established Hanseatic in Australia specifically to build the sleek yacht to his exacting specifications.

Silver Zwei claims to be the fastest long distance cruising yacht in the world with trans-Atlantic range at 22 knots.

Turkey-based Dream Ship Victory (DSV) has signed a contract to begin new 141-meter sailing superyacht, destined to become the world’s largest.

Now a construction schedule is slated to begin this summer with a five-year build plan, making for a launch date of 2016.

Naval architects Dykstra & Partners and Ken Freivokh Design collaborated with DSV’s Valeriy Stepanenko on the Art Deco-inspired all-wood yacht.