• Tiesto and Tate McRae have released their new single, '10:35', with a video filmed at Dubai’s Atlantis The Royal hotel. All photos: Getty Images for Atlantis Dubai
    Tiesto and Tate McRae have released their new single, '10:35', with a video filmed at Dubai’s Atlantis The Royal hotel. All photos: Getty Images for Atlantis Dubai
  • McRae filming the '10:35' video with an Atlantis The Royal backdrop.
    McRae filming the '10:35' video with an Atlantis The Royal backdrop.
  • McRae filming the ‘10:35’ video with steel artwork 'Droplets' in the background.
    McRae filming the ‘10:35’ video with steel artwork 'Droplets' in the background.
  • McRae filming for the music video on one of the marble staircases at Atlantis The Royal.
    McRae filming for the music video on one of the marble staircases at Atlantis The Royal.
  • McRae is a Canadian singer-songwriter. Getty Images for Atlantis Dubai
    McRae is a Canadian singer-songwriter. Getty Images for Atlantis Dubai
  • Tate McRae filming at Atlantis The Royal at night. Getty Images for Atlantis Dubai
    Tate McRae filming at Atlantis The Royal at night. Getty Images for Atlantis Dubai
  • McRae in the Royal Galleria at Atlantis The Royal in a behind-the-scenes shot with director Courtney Phillips.
    McRae in the Royal Galleria at Atlantis The Royal in a behind-the-scenes shot with director Courtney Phillips.
  • McRae filming in the Atlantis The Royal lobby.
    McRae filming in the Atlantis The Royal lobby.
  • McRae teamed up with Tiesto for the new song inspired by an experience at Atlantis The Royal.
    McRae teamed up with Tiesto for the new song inspired by an experience at Atlantis The Royal.

Culture

Music & On-stage

Tiesto and Tate McRae release new single with video shot at Atlantis The Royal

The new single, '10:35', captures 'the energy of an experience at Atlantis The Royal,' says Tiesto

Farah Andrews
Farah Andrews

November 03, 2022

  • English
  • Arabic

Dutch DJ Tiesto and Canadian singer-songwriter Tate McRae have teamed up for a new single, 10:35, and the music video was shot at Dubai's ultra-luxury resort Atlantis The Royal.

The song, which was released on Thursday, made its broadcast premiere on MTV Live, MTVU, MTV Biggest Pop and Paramount Times Square Billboards. In the video, the two acts perform in various locations around the Atlantis The Royal, with the Dubai skyline in the background.

"I’m very excited to be partnering with this iconic new property," said Tiesto. "Tate and I wanted to create a song that captured the energy of an experience at Atlantis The Royal, and I’m proud to say the feeling of 10:35 and this property are both infectious. So excited for the world to finally hear it."

In the video, McRae can be seen posing in the lobby, with Droplets in the background, an 11.5-metre-tall metal figure depicting drops of water made from 5.5 tonnes of stainless steel. She also performs in an outdoor pool and with the hotel towering behind her.

"I’m happy to announce I’m doing a partnership with the Atlantis The Royal property in Dubai with Tiesto," said McRae. "It’s always exciting to branch out and work with different brands and artists. The music video is unlike anything I’ve seen before, and the hotel is just unreal."

Reservations now open at Atlantis The Royal

it may not be opening until next year, but you can now make reservations to stay at Atlantis The Royal from March 2023.

The hotel's public reservations opened on Monday, and guests can book stays from March 4. Rooms in the opening month start at Dh4,066 for the first fortnight, going up to Dh4,545 from March 19. In April, rooms cost as much as Dh5,951 per night.

At the time of writing, a minimum of two nights had to be booked between March 4 and October 30, 2023, in order to proceed with a reservation.

Earlier this month, it was announced that the ultra-luxurious waterfront hotel's grand opening will take place in late January, postponed from November.

Inside the Atlantis The Royal — in pictures

  • The sun sets over Atlantis The Royal. Getty Images for Atlantis Dubai
    The sun sets over Atlantis The Royal. Getty Images for Atlantis Dubai
  • At 11.5 metres tall and made from 5.5 tonnes of stainless steel, 'Droplets' is the focal piece of the lobby at Atlantis The Royal. Getty Images for Atlantis Dubai
    At 11.5 metres tall and made from 5.5 tonnes of stainless steel, 'Droplets' is the focal piece of the lobby at Atlantis The Royal. Getty Images for Atlantis Dubai
  • One of the interior hallways featuring marble staircases and impressive architectural design by Kohn Pedersen Fox Associates (New York). Getty Images for Atlantis Dubai
    One of the interior hallways featuring marble staircases and impressive architectural design by Kohn Pedersen Fox Associates (New York). Getty Images for Atlantis Dubai
  • First images of Atlantis The Royal in Dubai have been revealed, displaying its grandeur with six towers adjoined by a 90 metre long sky pool on the 22nd floor. Getty Images for Atlantis Dubai
    First images of Atlantis The Royal in Dubai have been revealed, displaying its grandeur with six towers adjoined by a 90 metre long sky pool on the 22nd floor. Getty Images for Atlantis Dubai
  • An en suite at the new Atlantis The Royal hotel in Dubai, complete with a stand-alone bath and marble floor and walls. Getty Images for Atlantis Dubai
    An en suite at the new Atlantis The Royal hotel in Dubai, complete with a stand-alone bath and marble floor and walls. Getty Images for Atlantis Dubai
  • A range of pillows for every physical need is provided to each room in the new Atlantis The Royal hotel in Dubai. Getty Images for Atlantis Dubai
    A range of pillows for every physical need is provided to each room in the new Atlantis The Royal hotel in Dubai. Getty Images for Atlantis Dubai
  • One of 44 Sky Pool Villa Suites, which come with private infinity pools. Getty Images for Atlantis Dubai
    One of 44 Sky Pool Villa Suites, which come with private infinity pools. Getty Images for Atlantis Dubai
  • One of the signature suites at Atlantis The Royal, featuring interiors by GA Design (London). Getty Images for Atlantis Dubai
    One of the signature suites at Atlantis The Royal, featuring interiors by GA Design (London). Getty Images for Atlantis Dubai
  • Atlantis The Royal is a 43-storey cantilevered hotel that will also be home to residences. Photo: B1 Properties
    Atlantis The Royal is a 43-storey cantilevered hotel that will also be home to residences. Photo: B1 Properties
  • Atlantis The Royal Resort & Residences is located on the crescent of The Palm, next to the Atlantis, The Palm.
    Atlantis The Royal Resort & Residences is located on the crescent of The Palm, next to the Atlantis, The Palm.
  • It was designed by New York City’s Kohn Pedersen Fox Associates. Photo: The Royal Atlantis Resort & Residences
    It was designed by New York City’s Kohn Pedersen Fox Associates. Photo: The Royal Atlantis Resort & Residences
  • Spanning 63 hectares and housing 795 rooms and suites, countless hospitality venues and no less than 90 swimming pools, the resort’s opening has been anticipated for years. Photo: Wam
    Spanning 63 hectares and housing 795 rooms and suites, countless hospitality venues and no less than 90 swimming pools, the resort’s opening has been anticipated for years. Photo: Wam
  • Dining options include plenty of celebrity restaurants including the Middle East's first Dinner by British chef Heston Blumenthal. Photo: Kerzner International
    Dining options include plenty of celebrity restaurants including the Middle East's first Dinner by British chef Heston Blumenthal. Photo: Kerzner International
  • A show apartment at The Atlantis Royal Residences & Resort.
    A show apartment at The Atlantis Royal Residences & Resort.
  • Rose gold accents in the show apartment.
    Rose gold accents in the show apartment.
  • Bedroom at the show apartment.
    Bedroom at the show apartment.
  • A rendering of the Ling Ling skywalk in Atlantis The Royal.
    A rendering of the Ling Ling skywalk in Atlantis The Royal.
  • It is the sister property of Atlantis, The Palm. Karim Sahib / AFP
    It is the sister property of Atlantis, The Palm. Karim Sahib / AFP
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: November 04, 2022, 4:08 AM
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