Apartments with views across Abu Dhabi Golf Club; below right, a villa in Garden Plaza, Khalifa City. Mona Al Marzooqi / The National
Apartments with views across Abu Dhabi Golf Club; below right, a villa in Garden Plaza, Khalifa City. Mona Al Marzooqi / The National

Neighbourhood guide: Khalifa City, Abu Dhabi



As Abu Dhabi's population has grown and demand for housing has become greater, ­Khalifa City has blossomed into an off-island suburban hub. Thousands of homes have been built, along with schools, shops and leisure facilities, but it's only recently that Khalifa City has transformed itself from a place to have a home into a place to truly live in.

Retail

The affectionately named “pink shops” are a row of buildings with stores on both sides. The urban myth is if you’re looking for something and can’t find it here, it’s not available in Abu Dhabi. For food options, there’s Miss J Cafe, Cone Zone serving Indian fare and Sea Shell offering shawarmas and juices. You will also find pharmacies, dry-­cleaners, hardware stores and Najma ­Stationery, which stocks a treasure trove of supplies.

In the past couple of years, shopping options have steadily increased in Khalifa City. Spar is a large supermarket, and inside the foyer there’s a florist, phone shop and pizza delivery place. Emirates Post Office is next door. There’s also a Géant supermarket nearby, and last year, ­Spinneys opened in the Al Forsan leisure and housing complex.

Towards the airport, Etihad ­Plaza has multiple cafes, as well as dry-cleaners, money exchanges, a small supermarket and an Etisalat office.

Garden Plaza is a small shopping development at the back of Raha Gardens with a supermarket, pet shop, a branch of ­Mothercare, fast-food outlets, the popular Jones the Grocer restaurant and Circle cafe.

Dining

A restaurant with a difference, 1868 has a distinctive, well-designed interior, outdoor space, a first-floor art studio, a creche area and a room for private parties. La Brioche cafe, on two floors next to Al Hilal Bank, serves a range of pastries and food.

At Etihad Plaza, Mugg & Bean is a well-established part of the landscape. Bubo Barcelona Cafe, near Al Forsan, has a modern feel and serves Spanish dishes.

Abu Dhabi Golf Club and the Westin hotel are on the outskirts of Khalifa City. Cafe 28 at the golf club has a great view of the course, while The Grille and the ­Championship Lounge give alternative casual and fine-dining options. The Westin is a popular Friday brunch venue and the venue, Fairways, offers an international buffet. There’s also Sacci, an Italian Restaurant, and The Retreat, which serves bar food.

Attractions

Al Forsan International Sports Resort has an equestrian centre at its heart, which welcomes riders of all abilities all year round. There are also paintballing and shooting facilities, plus a lake for wakeboarding. You can pay-as-you-go or join as a member.

Schools

Schools are a significant part of the infrastructure of Khalifa City. Raha International School was recently named one of the top schools in Abu Dhabi. It offers the International Baccalaureate curriculum.

Al Yasmina School stands at the opposite end of Al Raha Gardens compound. This Aldar-owned school offers the British curriculum.

Gems American Academy offers the International Baccalaureate and American curriculums from a large site opposite Al Raha Gardens.

The International School of Choueifat – Khalifa City is part of the Sabis school network and offers its own curriculum.

Al Shohub Private School teaches a British curriculum.

There are also many nurseries for preschoolers, including Humpty Dumpty, Noah’s Ark, Little Smarties and Redwood Montessori.

Transport

In recent years, access to Khalifa City has been upgraded and the traffic flows relatively smoothly, even during rush hours. Navigating is still by landmarks and the old street system of road numbers and sectors. Onwani has numbered many of the buildings, but new street names are still to follow.

There are regular bus services into the city centre and to Yas Mall. Green cycle paths have been added along the stretch of road by Al Forsan. There’s also a wide path for walking, running and cycling that runs parallel to Al Raha Gardens.

Property

Al Raha Gardens

This development consists of well-designed town houses and villas with three to six bedrooms. Designed to keep as cool as possible in the summer months, they boast good living spaces and gardens. Some of the larger properties have private swimming pools. Annual rent ranges from Dh180,000 for a three-bedroom town house up to Dh260,000 for a five-bedroom villa with a pool.

Villas

Khalifa City has a wide range of villas. Properties tend to be well-proportioned and spacious, and often individually designed. They also offer good value for money. In some properties, you will find lifts, as well as separate accommodation for maids and drivers, and even, in some cases, a second, outdoor kitchen. Rent starts from Dh145,000, but most are available for about Dh175,000. Much larger villas are available for up to Dh600,000. Al Forsan Village is a major new landmark and luxury residential development. Annual rental for villas costs from Dh210,000 for three bedrooms, while six-bedroom villas are Dh450,000. All around Khalifa, there are small compounds – some with pools and facilities, others without. Liwa Oasis is a compound of 32 villas. Spacious four-bedroom villas with small gardens cost from Dh205,000 a year.

Apartments

Al Rayyana is a mid-rise development set back from the road next to Abu Dhabi Golf Club. There are one-, two- and three-bedroom units, all with balconies. One-bedroom apartments rent from Dh92,000; prices rise up to Dh165,600 for three bedrooms.

Other information

A note of advice for those seeking extra value in Khalifa City. Subdivided villas offering cheap studios and living space may be illegal. Always check that you will be able to establish Tawtheeq in your name before signing on the dotted line.

weekend@thenational.ae

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others

Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

The specs

Engine: 1.8-litre 4-cyl turbo
Power: 190hp at 5,200rpm
Torque: 320Nm from 1,800-5,000rpm
Transmission: Seven-speed dual-clutch auto
Fuel consumption: 6.7L/100km
Price: From Dh111,195
On sale: Now

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

SPECS

Engine: 6-cylinder 3-litre, with petrol and diesel variants
Transmission: 8-speed automatic
Power: 286hp (petrol), 249hp (diesel)
Torque: 450Nm (petrol), 550Nm (diesel)
Price: Starting at $69,800
On sale: Now

The specs: 2018 Infiniti QX80

Price: base / as tested: Dh335,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 400hp @ 5,800rpm

Torque: 560Nm @ 4,000rpm

Fuel economy, combined: 12.1L / 100km

The lowdown

Bohemian Rhapsody

Director: Bryan Singer

Starring: Rami Malek, Lucy Boynton, Gwilym Lee

Rating: 3/5

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.”

While you're here
Griselda

Director: Andrés Baiz

Starring: Sofía Vergara, Alberto Guerra, Juliana Aiden Martinez

Rating: 4/5

Company profile

Company name: amana
Started: 2010
Founders: Karim Farra and Ziad Aboujeb
Based: UAE
Regulator: DFSA
Sector: Financial services
Current number of staff: 85
Investment stage: Self-funded