Dubai’s Vintage Vaults Offers Best-in-Class Private Safety Deposit Box Service
Dubai’s Vintage Vaults is revolutionizing the concept of safety deposit boxes in the city, offering residents, tourists, and companies a best-in-class service to protect their valuable physical possessions and financial assets. Founded in April 2020 by Sherif El Haddad and Imran Khan, Vintage Vaults aims to address the capacity shortage and limitations of traditional bank locker facilities.
Unlike most banks that put customers on a lengthy waiting list for a small, unsecure locker and limited accessibility, Vintage Vaults provides private vaults with a focus on experience, technology, and safety. The demand for such services is likely to increase in the United Arab Emirates (UAE), which is projected to attract 4,500 new millionaires this year, according to a report by Henley & Partners.
With a range of seven different sizes of safety deposit boxes available for rental periods ranging from three months to 10 years, Vintage Vaults caters to a variety of needs and budgets. Prices start at Dh300 ($81.60) per month for the smallest box and can go up to Dh10,000 to Dh20,000 per year or higher for the largest box. Custom VIP numbers for the boxes are also available at an additional cost.
Security is a top priority at Vintage Vaults, with multi-stage biometric checkpoints, CCTV cameras linked to Dubai Police, night vision cameras, motion and audio sensors, dual key locks, and 24/7 security guards on the premises. Each box is automatically insured for Dh1 million, with the option to increase coverage up to Dh5 million.
Vintage Vaults offers a significant advantage over traditional bank facilities by providing extended access hours. Unlike banks that offer limited hours of access to safety deposit boxes, Vintage Vaults allows customers to access their boxes from 10am to midnight every day of the year. The facility itself is a custom-made reinforced steel vault, ensuring the highest level of protection.
Membership at Vintage Vaults is available in standard and premium tiers. The premium tier offers additional benefits such as more time in a private booth, the option to add three nominees with access rights, and velvet-lined boxes. Vintage Vaults also caters to tourists, allowing them to rent a deposit box simply by showing their ID, a service not typically provided by banks to non-residents.
Customers can conveniently book the service online, select a box number, reserve a private room, or even arrange for home delivery. When opting for home delivery, the safety deposit box is sealed and sent with security guards in a GPS-tracked armored truck to the customer’s address. The guards wait outside the customer’s hotel or house for 30 minutes, ensuring a secure and efficient process.
Vintage Vaults recognizes that the value of items stored goes beyond their monetary worth. They understand the sentiment and importance of family heirlooms, important documents, gold, cryptocurrency codes, watches, and diamonds. Their vaults offer a safe space to store these valuable possessions and provide peace of mind to their customers.
While Vintage Vaults primarily serves the growing wealthy population in Dubai, their services are accessible to a wide range of individuals, corporates, and small and medium-sized enterprises. By partnering with banks and offering superior service and convenience, Vintage Vaults aims to revolutionize the way people think about the safety of their valuables in the UAE.
In conclusion, Dubai’s Vintage Vaults is raising the bar for safety deposit box services in the city. With their best-in-class facilities, extended access hours, advanced security measures, and a range of box sizes to suit different needs and budgets, Vintage Vaults provides a superior alternative to traditional bank lockers. Whether it’s high-net-worth individuals, tourists, or individuals with valuable possessions, Vintage Vaults offers a secure and convenient solution to protect their most prized belongings.
