The first thing you notice when you walk up to Manu Jeswani’s imposing four-storey home in Dubai’s Emirates Hills is its name: Sapna. Meaning dream in Hindi, it’s not only the name of Manu’s wife of 38 years, but also a symbolic realisation of all the things they set out to achieve as a couple.
"When we got married, we had nothing, so this home is like a dream come true for us," says Manu, a shareholder in the Landmark Group and one of the group directors of the conglomerate with headquarters in Dubai. He is seated on a Roberto Cavalli-branded sofa in the lounge area on the property's ground floor. A Fendi carpet lies underfoot and above hangs a massive chandelier, one of four that were custom-made by Italian company Vetrart, which is famed for its handcrafted glass designs.
Spread across 28,500 square feet, the five-bedroom Jeswani residence is expansive, considering its only permanent residents are the couple, their son Manish, 34, and a few members of staff. Their daughter Anjali, who is married but lives elsewhere in Dubai, still has a bedroom in the house and visits at least once a week.
The ground floor is divided into three main open-plan areas: a lounge and bar area, a formal seating area and a formal dining area. Next to the formal dining space is a large kitchen and an additional dining room, which the family uses daily. Two guest bedrooms, complete with walk-in closets, are located close to the foyer on the same floor.
On the first floor is the master bedroom, which overlooks the golf course, a luxurious cinema and Manish and Anjali’s bedrooms. One floor up, you are greeted by a puja room, dedicated to the Hindu deity Ganesha, a fully loaded gym on one side, and a lounge and entertainment space on the other, which also emerges on to an outdoor rooftop area.
The property's piece de resistance, however, sits in the basement, and is unsurprisingly Manish's favourite part of the house. Much of the space is occupied by a full-fledged club, which can host more than 100 people and easily rivals any top nightspot in the UAE. It comes with a decked-up DJ station, and light and sound system with giant multimedia screens. A pool table room and cards room are tucked in a corner. Outside, there's a spa room, salon, cellar and parking space for six cars.
An elevator serves each of the floors, while the entire property is monitored through a smart -home system, which can be controlled using a phone. This extends to the lights, including those on the chandeliers, which can be manipulated according to one's mood.
“This is like a resort for us. We don’t have to go anywhere,” Sapna says. “Each space has been utilised perfectly, and I wouldn’t change anything about it.”
Notably, this is not the first "dream home" that the Jeswanis have built. The first one, constructed on the same piece of land, was razed three years ago because, as Sapna puts it, “we wanted a basement. We tried to refurbish the old house, but as we kept modifying, the designer suggested that our money would be better spent just building a new house."
I never imagined I could afford a house like this. Sometimes things turn out better than you plan, and this house is what that is
The Jeswanis bought the 34,000-square-foot plot in Emirates Hills for Dh3.2 million in 2003 and built their first home, then spread across 12,500 square feet, at the cost of Dh10 million. Manu estimates that the new house, which was completed in April this year, would be worth Dh70 million. “But we’re not selling,” he quickly adds. “We put our heart and soul into this."
"And we have no interest in giving it away, for now,” Sapna adds.
The couple, who used to travel frequently before coronavirus restrictions, said they worked closely with interior designer Badal Bavaria to finalise the mood of the house. Bavaria accompanied them on many of their travels to source choice items. When it comes to furniture, Sapna is partial to brands in Italy, where she attended two design fairs along with the interior designer. “You get the latest there and more options,” she says. “We wanted the overall look to be chic and modern, but with subtle colours.”
Furnishing the house cost a little more than Dh30 million, including the chandeliers, according to Manu, which cost 25 per cent more than he budgeted for. Nothing from the old house made it to the new one. “Things kept changing as we started decorating and filling up the house. And because we wanted the best, we didn’t want to cut any corners,” he says.
While Manish’s favourite part of the house is the basement, Sapna’s is the puja room. “It’s so peaceful, and I pray there every day. Having that room was very important to me,” she says. Anjali, a fashion designer, says she loves the lounge. “It’s a chilled-out area and I love watching matches here,” she says.
For Manu, it’s the entire house. “The speciality of this house is the height. If you are somewhere with low ceilings, you feel very tired. With the whole house, we wanted to make sure it’s open, with lots of breathing space and very high ceilings,” he says. “Also, the house is large, but it’s cosy. We wanted it to look like a home, not a hotel.”
Before coronavirus-imposed social restrictions, the Jeswanis would entertain at least three times a week. They hope to be able to do that again soon. “You could call us socialites,” Manu laughs.
But beyond that, he says he’s content that the home he now lives in is one that has surpassed anything he once dreamt of.
“When Sapna joined me in Bahrain in 1982, we lived in a rented one-bedroom apartment. Both my children were born in that apartment,” recalls Manu, who began working with the Landmark Group in 1978 as a store manager in Shoemart. “We bought a second-hand car and we didn’t have any help. We didn’t have much, but we were happy.”
The family moved to Dubai in 1990, and Manu has been with the company for more than 40 years. “I never imagined I could afford a house like this. I just wanted to be successful, but how successful, we didn’t have any idea,” he says. “Sometimes things turn out better than you plan, and this house is what that is.”
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Dubai Rugby Sevens
November 30, December 1-2
International Vets
Christina Noble Children’s Foundation fixtures
Thursday, November 30:
10.20am, Pitch 3, v 100 World Legends Project
1.20pm, Pitch 4, v Malta Marauders
Friday, December 1:
9am, Pitch 4, v SBA Pirates
The Bio
Name: Lynn Davison
Profession: History teacher at Al Yasmina Academy, Abu Dhabi
Children: She has one son, Casey, 28
Hometown: Pontefract, West Yorkshire in the UK
Favourite book: The Alchemist by Paulo Coelho
Favourite Author: CJ Sansom
Favourite holiday destination: Bali
Favourite food: A Sunday roast
Heavily-sugared soft drinks slip through the tax net
Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.
Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.
A 680ml can of Arizona Iced Tea costs just Dh6.
Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.
The specs
Price, base / as tested Dh1,100,000 (est)
Engine 5.2-litre V10
Gearbox seven-speed dual clutch
Power 630bhp @ 8,000rpm
Torque 600Nm @ 6,500rpm
Fuel economy, combined 15.7L / 100km (est)
UAE currency: the story behind the money in your pockets
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
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Race card
1.30pm: Handicap (PA) Dh 50,000 (Dirt) 1,400m
2pm: Handicap (TB) Dh 84,000 (D) 1,400m
2.30pm: Maiden (TB) Dh 60,000 (D) 1,200m
3pm: Conditions (TB) Dh 100,000 (D) 1.950m
3.30pm: Handicap (TB) Dh 76,000 (D) 1,800m
4pm: Maiden (TB) Dh 60,000 (D) 1,600m
4.30pm: Handicap (TB) Dh 68,000 (D) 1,000m
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
MATCH INFO
Uefa Champions League semi-final, first leg
Barcelona v Liverpool, Wednesday, 11pm (UAE).
Second leg
Liverpool v Barcelona, Tuesday, May 7, 11pm
Games on BeIN Sports
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
Madrid Open schedule
Men's semi-finals
Novak Djokovic (1) v Dominic Thiem (5) from 6pm
Stefanos Tsitsipas (8) v Rafael Nadal (2) from 11pm
Women's final
Simona Halep (3) v Kiki Bertens (7) from 8.30pm
'Fantastic Beasts: The Secrets of Dumbledore'
Rating: 3/5
Directed by: David Yates
Starring: Mads Mikkelson, Eddie Redmayne, Ezra Miller, Jude Law
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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
More from Rashmee Roshan Lall
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
MATCH INFO
Asian Champions League, last 16, first leg:
Al Ain 2 Al Duhail 4
Second leg:
Tuesday, Abdullah bin Khalifa Stadium, Doha. Kick off 7.30pm