From infinity pools to those with glass walls or glittering skyline views, when it comes to swimming pools in the UAE, we’ve pretty much seen it all.
The country is home to some truly extraordinary properties – many of which offer unique experiences to dive into, literally. But for those looking for a truly private experience, nothing quite beats having your own swimming space.
This was particularly emphasised during the pandemic, as people spent more time at home. Stephan Hirzel, senior global broker at Luxhabitat Sotheby’s International Realty, says there has been an increase in demand for properties with swimming pools over the last year.
“In some destinations such as Palm Jumeirah, a private pool is a norm. In other areas such as Emirates Hills, Meadows and other villa communities, a private pool adds to the overall value… demand is surely higher with villas that have a pool than those without,” he says.
And with more people moving to secure properties in the UAE, the hot weather only makes swimming pools more desirable. “Dubai is all about enjoying the sun, so what’s better than your private pool?”
Take a look through the photo gallery above to see more of the city's more interesting residential pools.
A child-friendly, chemical-free pool
Sarah and Antony De Fonseka purchased their Jumeirah Islands home in June 2019. Even though it had a swimming pool, the couple spent a year renovating it. Their lavish, temperature-controlled pool – complete with a sunken seating area and fire pit – is now what they describe as their “dream pool”.
“We have two young children and we designed the house and the pool with our new and small family in mind. When we moved in, we had a 7-month-old and a 3-year-old and we wanted a space where we could teach them to swim and enjoy the day with them,” says Sarah.
This is why the pool has been created with a shallow area where the children can “just sit and be comfortable” while the water is chemical-free. Sarah says they usually try to be as energy efficient as possible, with the little in-built fountain feature helping keep the pool aerated.
“The pool is our greatest joy,” says Sarah. “The family is in the pool for almost two hours every day and it’s the highlight of our time at home.”
It’s particularly important to them, as, even with restrictions easing, the family prefers to isolate. “We built this pool keeping in mind the time period we’re living in – the pandemic, having young children, and also my 75-year-old mum who lives with us.”
A Mykonos beach club-themed pool
Having a private pool definitely reduces the urge to leave the house, says Darren Bingley, who moved into his Meadows villa in 2019.
“I think we saved money because we don’t feel like we need to go on holiday – we have a holiday right at home. We used to be members of a hotel beach club and used to go there every weekend, but now we don’t need to because we can just relax in our garden. It’s nice to have the privacy within.”
Bingley and his wife Hayley spent three months renovating their villa, their inspiration being the pools commonly found in Palm Springs and Mykonos.
“A lot of Dubai pools are very much the same, very cookie cutter. We wanted our pool to be minimal, sleek and spacious,” says Darren who, along with his wife, scanned through Pinterest while creating the design.
The end result is a spacious rectangular pool, sunbeds to the side and a fire pit. It also features a barbecue area, complete with a mini fridge, and a neon sign that reads “Bingley’s Beach Club”.
Maintenance “isn’t as hard as most people think", says Darren. Like most people with a private pool, he has a company for regular maintenance and says there has been no difference to his Dewa bills. The grass is fake and all the foliage is desert plants that thrive with minimal water in the UAE heat. “We only need to water our garden once a month.
“But it’s a spacious place, great for entertaining guests, having cookouts, working from home. At night, it all lights up, and there are beautiful Dubai skyline views."
A private pool surrounded by greenery
The low-maintenance factor of having a private swimming pool is echoed by Emma and Kristian Barber, who purchased their villa in 2014. Their swimming pool came with a private Jacuzzi, and is surrounded by palm trees, in what Emma describes as a soothing space.
“It was just really great to have during the lockdown. It’s temperature-controlled and has some shallow areas, making it a good family pool. It’s really fun, a place where we can have parties and make good memories, but it’s peaceful when it needs to be,” she says.
“Every week, we have Jacuzzi Thursdays, where we sit in there and talk about the week we’ve had and eat,” she says.
Even though there may be small maintenance issues – a problem with the pump or the heater not working – she says it’s all worth it, especially during the pandemic. “The pool has been a godsend, really,” she says.
New pool trends – and a “vintage” design, with a slide and sculptures
Working as the executive director of United Technology and Trading, which is in the business of creating pools in the UAE, Pooja Asarpota has seen her fair share of stunning designs.
The company, run by Naveen Asarpota and Sanjay Asarpota, has been in the business for 45 years, and Pooja took some inspiration from their creations over the years when designing her family pool about 20 years ago.
“At that time, rock work was very much on trend, which is why I call this a vintage pool. We had the slide, because my father loves children, and I have my own children. And I love the space. Pre-Covid, it could accommodate up to 25 people,” she says.
Of course, even during the pandemic, it came in handy. “It was the only entertainment the children had – every day at 5pm, they would jump in.”
However, she says that today pool trends are quite different. “Everyone wants an infinity pool, lighting to accentuate the area at night. Overflow channel pools, sunken lounges and sunken pool beds are all gaining traction with home pools.”
While many of these might be considered ostentatious, she insists private pools can be built according to different budgets and spaces.
“For example, in Palm Jumeirah, we have a lot of clients who don’t want their garden space consumed. If you’re constructing a villa in that area, you can even get a rooftop pool installed.”
“It’s all about finding a pool to suit your budget, space and load constraints.”
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Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
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.”
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The specs
Engine: 2.0-litre turbo 4-cyl
Transmission: eight-speed auto
Power: 190bhp
Torque: 300Nm
Price: Dh169,900
On sale: now
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Keane on …
Liverpool’s Uefa Champions League bid: “They’re great. With the attacking force they have, for me, they’re certainly one of the favourites. You look at the teams left in it - they’re capable of scoring against anybody at any given time. Defensively they’ve been good, so I don’t see any reason why they couldn’t go on and win it.”
Mohamed Salah’s debut campaign at Anfield: “Unbelievable. He’s been phenomenal. You can name the front three, but for him on a personal level, he’s been unreal. He’s been great to watch and hopefully he can continue now until the end of the season - which I’m sure he will, because he’s been in fine form. He’s been incredible this season.”
Zlatan Ibrahimovic’s instant impact at former club LA Galaxy: “Brilliant. It’s been a great start for him and for the club. They were crying out for another big name there. They were lacking that, for the prestige of LA Galaxy. And now they have one of the finest stars. I hope they can go win something this year.”
Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
GRAN%20TURISMO
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The specs: 2019 Cadillac XT4
Price, base: Dh145,000
Engine: 2.0-litre turbocharged in-line four-cylinder engine
Transmission: Nine-speed automatic
Power: 237hp @ 5,000rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 8.7L / 100km
More on Quran memorisation:
Mohammed bin Zayed Majlis
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The specs
Engine: 2x201bhp AC Permanent-magnetic electric
Transmission: n/a
Power: 402bhp
Torque: 659Nm
Price estimate: Dh200,000
On sale: Q3 2022
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.