Nirvana superyacht
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On board a $300m superyacht

8 March 2014 Last updated at 00:16 GMT

As superyacht sales rise, what has changed in the business environment to allow billionaires to once again be happy to be seen to enjoy the ultimate luxury item?

Nima Abu Wardeh is at the Dubai International Boat Show and takes a tour of the most expensive superyacht currently on the market.

Watch: Middle East Business Report