The UAE President's New Megayacht Is An Absolute Monster [Photos]

The Azzam is officially the largest motor yacht in the world by a full 57 feet.

The luxury boat was launched on April 5th and is longer than some cruise ships at a staggering 590 feet, knocking Roman Abramovich's Eclipse down to second largest yacht in the world.

According to CNBC, it's owned by Sheikh Khalifa bin Zayed al-Nayan, President of the United Arab Emirates and Emir of Abu Dhabi, and cost as much as $600 million to build.

The ship is extraordinarily swift for its size. With over 94,000 horsepower, it's able to travel at more than 30 knots, or nearly 35 miles per hour.

The Azzam was built by Lürssen Yachts over the course of four years, with exterior design by Nauta Yachts and interior design by renowned French designer Christophe Leoni.

The ship is rumored to have up to 50 suites and a 95-foot salon, among other lavish features. Photos of the yacht's interior have yet to be released, but it's not hard to imagine the luxury that must abound inside.

"She truly represents another milestone in not only our history, but yachting history as well," said Peter Lürssen, the managing partner of Lürssen Yachts.