'Super yachts' still selling in Dubai
19 March 2012 Last updated at 12:23 GMT
Dubai has been playing host to the Middle East's biggest boat show.
It has been a tough few years for the boat industry - with fewer banks willing to lend, speculative spending on luxury yachts has all but dried up.
While it has hit many companies in the industry hard, the market for so-called super-yachts is still buoyant.
But who has the money to buy them?
Katy Watson reports.