Cove Beach Abu Dhabi at Makers District on Reem Island. Courtesy Cove Beach
Cove Beach Abu Dhabi at Makers District on Reem Island. Courtesy Cove Beach
Cove Beach Abu Dhabi at Makers District on Reem Island. Courtesy Cove Beach
Cove Beach Abu Dhabi at Makers District on Reem Island. Courtesy Cove Beach

Food

Dubai's popular Cove Beach to open new pool and beach club on Abu Dhabi's Reem Island

The new destination will have a swimmable beach, pool and al fresco restaurant

Evelyn Lau
Evelyn Lau
Abu Dhabi

November 25, 2020

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Latest: First look at Cove Beach Abu Dhabi as it prepares to open on Reem Island - in pictures

Dubai's popular lifestyle destination and beach club Cove Beach is coming to Abu Dhabi.

Cove has announced its second location will be at the Makers District on Reem Island and will open to the public on Friday, November 27.

The 100-seat al fresco restaurant and lounge will sit directly on the beachfront of the new Makers District, facing across from Saadiyat Island.

There will be capacity for 1,000 guests by the beach and pools, which will have sun loungers, day beds and cabanas.

Cove Beach Abu Dhabi at Makers District will also have a swimmable beach, and the area will feature a sea pool set within the ocean. Like its Dubai beach club, located at Caesars Bluewaters Dubai, guests can expect regular themed parties, including new events to reflect the Abu Dhabi community. There will also be live performances from musicians and a Saturday brunch, with more details in the coming weeks.

“Our Makers District development highlights our unique approach to placemaking and dedication to creating vibrant communities. Makers District is designed to be the ideal home for a community that fosters creativity, entrepreneurship, innovation and a strong sense of individualism,” said Richard Larmer, head of development at Imkan properties.

“Our partnership with Cove Beach was the natural choice to offer our residents and visitors a premium lifestyle experience set against the backdrop of our extraordinary architecture and a truly soulful destination.”

Here's a map of where Cove Beach Abu Dhabi at Makers District will be located:

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200 to 350 the number of people served iftar nightly

160 litres of the traditional Ramadan drink, jalab, is served in total

500 litres of soup is served during the holy month

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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