First RCI Timeshare Exchange Property on Famed Shiekh Zayed
Thursday, April 17, 2008
Earlier this month, Resort Condominiums International, known as RCI, announced an agreement with Al Ghaith Holdings regarding the Bavaria Executive Suites timeshare resort. Al Ghaith Holdings is a leading timeshare resort development company, based in Dubai. The new agreement will make the Bavaria Executive Suites timeshares part of RCI timeshare exchange.
RCI Timeshare Exchange Helps Shape the Face of Dubai Timeshare
RCI has played an integral role in bringing timeshare resorts and vacation ownership to Dubai. RCI, along with many timeshare developers has worked with regulatory agencies and lawmakers to assist in creating timeshare legislation that protects both the timeshare company and the timeshare buyer, while safeguarding Dubai’s cultural considerations and traditions. Nick Turner, managing director of Group RCI Middle East, commented on the forethought Dubai has demonstrated in preplanning its entry into the timeshare market, saying, “This aims to be well thought through and protects the interests of the consumer, developer, and brand of Dubai.”
The Bavaria Executive Suites will consist of two condominium towers, with a minimum of 450 one and two bedroom apartments. As the first timeshare resort on Shiekh Zayed Road, one tower will flank each side of the highway, giving the property prime access to Dubai’s new commercial and residential hub, and a location adjacent to Dubai Media City and the access route to the Palm Jumeirah. The timeshare resort will be conveniently close to the Mall of the Emirates, Jumeirah beach, golf courses, and many of the city’s attractions and business destinations.
The timeshare resort will include eight restaurants, sports centers, the newest Anagsana Spa, and a shopping arcade. As proof that the timeshare company hopes to attract both business travelers and vacationers, the Bavaria Executive Suites will include 40 fully equipped offices and a meeting center that can be configured to accommodate between 10 and 1000 business people.
The Future of Dubai Timeshare Sales
Dubai has aggressively committed to becoming a global destination for luxury vacations and tourism, yet has embraced timeshare real estate in a cautious and deliberate manner. Dubai is in the enviable position of being able to observe the smart moves and the errors made by other countries in regulating timeshare sales and timeshare resales and avoid mistakes others have made in the past.
People who want to buy timeshare or who are already timeshare owners should keep their eye on timeshare sales in Dubai…it could easily become one of the world’s top timeshare vacation destinations in the near future.