VH Dubai-RCI to offer fractionals on Palm

RCI, the global leader in vacation exchange, and one of the Wyndham Worldwide family of brands, and VH Dubai have entered into an agreement, whereby VH Dubai will offer purchasers the opportunity to own a piece of the Palm Jumeirah.

The fractional ownership project offers buyers a chance to purchase one of VH Dubai's luxurious suite apartments, and be a part of the The VH Residence Club, said a press statement.

VH Dubai is committing more than 50 apartments to the Residence Club, all of which are made up of two- bedroom apartments. This is the first fractional offering of its kind by VH Dubai in Dubai. "VH Dubai is offering the chance to own a portion of this idyllic eighth wonder of the world at a fraction of the cost of buying outright. RCI is pleased to be aligned with them on this project and to provide global services and benefits to future VH Residence Club owners," said Nick Turner, Managing Director RCI Middle East EC.

"Due to the thriving interest and intrigue surrounding Dubai, guests are attracted to this stunning location at exponential rates and VH Dubai's unique offerings have been excellently received," said Umar Mian, CEO and MD of VH Dubai and The VH Residence Club. Since its debut in 2007, VH Dubai's occupancy levels have averaged 90 per cent.

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