The Jumeirah Zabeel Saray has now reopened. Courtesy Jumeirah Zabeel Saray
The Jumeirah Zabeel Saray has now reopened. Courtesy Jumeirah Zabeel Saray
The Jumeirah Zabeel Saray has now reopened. Courtesy Jumeirah Zabeel Saray
The Jumeirah Zabeel Saray has now reopened. Courtesy Jumeirah Zabeel Saray

Executive Travel: Jumeirah Zabeel Saray — the Dubai hotel on a mission of opulence


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During my recent stay at the glamorous Jumeirah Zabeel Saray hotel on Palm Jumeirah, the school holidays meant that families predominated the guest list. Yet only a week earlier the hotel was hosting executives from two of the top US technology companies. Wall Street bankers are also frequent business guests.

The hotel is naturally too discrete to reveal the identity of their visitors, but it is no secret why this Jumeirah flagship property is held in such high esteem by global business giants and other corporate executives.

I remember its opening in 2011, one of the first big Dubai hotel launches after the Global Financial Crisis. The public spaces created an immediate stir.

I have certainly recommended it over the years to visiting business VIPs. The price of a basic room starts from just over Dh1,000 — a great price for an executive guest to Dubai.

What the Jumeirah Zabeel Saray offers is an outstanding 405-room property modelled on a palace from the golden age of the Ottoman Empire, as well as eight high-end restaurants, an amazing Turkish spa, great service and a wonderful location on the crescent of The Palm Jumeirah. It also boasts its own beachfront and 360-degree sea views.

True it is 40 minutes from Downtown Dubai, but that can be an advantage if you want peace and quiet after a busy day.

I remember its opening in 2011, one of the first big Dubai hotel launches after the Global Financial Crisis. The public spaces created an immediate stir.

The hotel's golden lobby once featured in the 2011 film Mission Impossible — Ghost Protocol. Courtesy Jumeirah Zabeel Saray
The hotel's golden lobby once featured in the 2011 film Mission Impossible — Ghost Protocol. Courtesy Jumeirah Zabeel Saray

They were the work of the same team that restored the Topkapi Palace in Istanbul, with the hotel's golden columns in the lobby featuring in the 2011 film Mission Impossible — Ghost Protocol.

Exquisitely detailed marble floors, outre furniture and huge chandeliers are carried over into the extremely spacious restaurants that line the high-vaulted shopping arcades that emerge from the lobby. The Turkish restaurant Lalezar is particularly lavish in Ottoman style with fountains, silk furnishings and inlaid stone.

But this opulence is actually multinational. I ate in The Rib Room, a steak house on the first floor that could be straight out of New York in the roaring 20s for the quality of its steaks, decor and first-class service.

My waiter Diptesh remembered my name the next day at breakfast on the terrace of the Imperium, an all-day dining restaurant that looks like something out of Versailles with its white columns and shimmering gilt mirrors.

Other dining options include Al Nafoorah, a top-end Lebanese eaterie, a truly palatial British pub called The Crown and the award-winning Indian restaurant Amala. There is a huge alfresco terrace for these restaurants, and also the large Plaj, a Mediterranean restaurant on the beach.

For business meetings the Zabeel Saray has two large boardrooms and three meeting rooms for up to 60 people. There is also a 29-seat luxury cinema suitable for corporate presentations and a function room for around 100 people on the ground floor. Other spaces like the 370-seat Music Hall can be adapted for corporate functions.

Also popular are the 38 royal residences that adjoin the main building of the hotel. These private villas are luxuriously appointed with their own beach access. Where better for a corporate retreat away from prying eyes?

My own 94-square-metre Imperial suite on the sixth floor matched the best of any hospitality I have reviewed in Dubai. Its dramatic high ceiling rose into the apex of an Arabic arch.

There were skyline views of The Palm from its terrace and the white marble bathroom came with golden basins, taps and mirrors, not to forget the two-metre long, sunken marble bathtub.

The Imperial suite came with internet speeds of 47.7 megabytes per second. Courtesy Jumeirah Zabeel Saray
The Imperial suite came with internet speeds of 47.7 megabytes per second. Courtesy Jumeirah Zabeel Saray

The internet clocked in at a handy 47.7 megabytes per second, while room service offered a margherita pizza for Dh84, a club sandwich for Dh116 and Pepsi or Acqua Panna for Dh26. Club room and occupants of the 26 suites also have access to an expansive club lounge for drinks and snacks.

The stunning Talise Spa has a Techogym with brand new equipment and three of the six running machines have sea views.

But don’t miss out on a lazy afternoon lingering in the beautifully-crafted Turkish spa itself, one of the largest in the city, with its traditional Hammam treatment on a hot stone bed. There are mosaic-lined indoor swimming pools for men and women, and a truly splendid VIP spa for a lucky couple. All hotel guests have complimentary access.

• The writer was a guest of the hotel

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West Asia Premiership

Dubai Hurricanes 58-10 Dubai Knights Eagles

Dubai Tigers 5-39 Bahrain

Jebel Ali Dragons 16-56 Abu Dhabi Harlequins

The specs: 2017 Lotus Evora Sport 410

Price, base / as tested Dh395,000 / Dh420,000

Engine 3.5L V6

Transmission Six-speed manual

Power 410hp @ 7,000rpm

Torque 420Nm @ 3,500rpm

Fuel economy, combined 9.7L / 100km

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.”

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law