• The Dh120 million property is being sold with a Ferrari, Rolls Royce and Harley Davidson. Courtesy Luxhabitat Sotheby's International Realty
    The Dh120 million property is being sold with a Ferrari, Rolls Royce and Harley Davidson. Courtesy Luxhabitat Sotheby's International Realty
  • The villa's inviting infinity pool. Courtesy Luxhabitat Sotheby's International Realty
    The villa's inviting infinity pool. Courtesy Luxhabitat Sotheby's International Realty
  • With the poolside cabanas, you could be forgiven for thinking a beach club had been put on the market. Courtesy Luxhabitat Sotheby's International Realty
    With the poolside cabanas, you could be forgiven for thinking a beach club had been put on the market. Courtesy Luxhabitat Sotheby's International Realty
  • A view of the 14,000 sq ft villa from above. The property is located on Palm Jumeriah, Dubai. Courtesy Luxhabitat Sotheby's International Realty
    A view of the 14,000 sq ft villa from above. The property is located on Palm Jumeriah, Dubai. Courtesy Luxhabitat Sotheby's International Realty
  • One of the five luxurious bedroom suites. Courtesy Luxhabitat Sotheby's International Realty
    One of the five luxurious bedroom suites. Courtesy Luxhabitat Sotheby's International Realty
  • The formal kitchen and dining area. Courtesy Luxhabitat Sotheby's International Realty
    The formal kitchen and dining area. Courtesy Luxhabitat Sotheby's International Realty
  • Come the cooler months, the home can be adapted to offer seamless indoor / outdoor living. Courtesy Luxhabitat Sotheby's International Realty
    Come the cooler months, the home can be adapted to offer seamless indoor / outdoor living. Courtesy Luxhabitat Sotheby's International Realty
  • Mickey Mouse pop art pieces by Fidia Falaschetti, that seem to have been inspired by Jeff Koons, inject personality into the property. Courtesy Luxhabitat Sotheby's International Realty
    Mickey Mouse pop art pieces by Fidia Falaschetti, that seem to have been inspired by Jeff Koons, inject personality into the property. Courtesy Luxhabitat Sotheby's International Realty
  • A restaurant-standard kitchen. Courtesy Luxhabitat Sotheby's International Realty
    A restaurant-standard kitchen. Courtesy Luxhabitat Sotheby's International Realty
  • A Harley-Davidson bike is on display inside the property. Courtesy Luxhabitat Sotheby's International Realty
    A Harley-Davidson bike is on display inside the property. Courtesy Luxhabitat Sotheby's International Realty
  • The villa's expansive living area. Courtesy Luxhabitat Sotheby's International Realty
    The villa's expansive living area. Courtesy Luxhabitat Sotheby's International Realty
  • Italian marble in the spacious bathroom. Courtesy Luxhabitat Sotheby's International Realty
    Italian marble in the spacious bathroom. Courtesy Luxhabitat Sotheby's International Realty
  • The Palm Jumeirah mansion is on the market for Dh120 million. Courtesy Luxhabitat Sotheby's International Realty
    The Palm Jumeirah mansion is on the market for Dh120 million. Courtesy Luxhabitat Sotheby's International Realty
  • The property even boasts Bentley branded crockery. Courtesy Luxhabitat Sotheby's International Realty
    The property even boasts Bentley branded crockery. Courtesy Luxhabitat Sotheby's International Realty
  • The property's enviable gym. Courtesy Luxhabitat Sotheby's International Realty
    The property's enviable gym. Courtesy Luxhabitat Sotheby's International Realty
  • The indoor private cinema, which has an Imax screen, 4k projector and Dolby Atmos sound system. Courtesy Luxhabitat Sotheby's International Realty
    The indoor private cinema, which has an Imax screen, 4k projector and Dolby Atmos sound system. Courtesy Luxhabitat Sotheby's International Realty
  • The villa even comes with a popcorn and nacho machine. Courtesy Luxhabitat Sotheby's International Realty
    The villa even comes with a popcorn and nacho machine. Courtesy Luxhabitat Sotheby's International Realty
  • Spacious walk-in wardrobes will accommodate the needs of those with the biggest of shopping habits. Courtesy Luxhabitat Sotheby's International Realty
    Spacious walk-in wardrobes will accommodate the needs of those with the biggest of shopping habits. Courtesy Luxhabitat Sotheby's International Realty
  • An outdoor cinema will keep swimming guests entertained. Courtesy Luxhabitat Sotheby's International Realty
    An outdoor cinema will keep swimming guests entertained. Courtesy Luxhabitat Sotheby's International Realty
  • The dining area offers sea views. Courtesy Luxhabitat Sotheby's International Realty
    The dining area offers sea views. Courtesy Luxhabitat Sotheby's International Realty
  • The living area opens up out to the pool. Courtesy Luxhabitat Sotheby's International Realty
    The living area opens up out to the pool. Courtesy Luxhabitat Sotheby's International Realty
  • The property has been completed with luxury touches, so the buyer can just 'walk in' and live in it. Courtesy Luxhabitat Sotheby's International Realty
    The property has been completed with luxury touches, so the buyer can just 'walk in' and live in it. Courtesy Luxhabitat Sotheby's International Realty
  • The property's formal dining area. Courtesy Luxhabitat Sotheby's International Realty
    The property's formal dining area. Courtesy Luxhabitat Sotheby's International Realty
  • One of the suites' walk-in wardrobes. Courtesy Luxhabitat Sotheby's International Realty
    One of the suites' walk-in wardrobes. Courtesy Luxhabitat Sotheby's International Realty
  • A bathroom with a view. Courtesy Luxhabitat Sotheby's International Realty
    A bathroom with a view. Courtesy Luxhabitat Sotheby's International Realty
  • Outside of the property at dusk. Courtesy Luxhabitat Sotheby's International Realty
    Outside of the property at dusk. Courtesy Luxhabitat Sotheby's International Realty
  • An expressive piece inside the home. Courtesy Luxhabitat Sotheby's International Realty
    An expressive piece inside the home. Courtesy Luxhabitat Sotheby's International Realty
  • Pops of colour come from statement works of art. Courtesy Luxhabitat Sotheby's International Realty
    Pops of colour come from statement works of art. Courtesy Luxhabitat Sotheby's International Realty
  • The view from the living room. Courtesy Luxhabitat Sotheby's International Realty
    The view from the living room. Courtesy Luxhabitat Sotheby's International Realty
  • The infinity pool leads down to the private beach. Courtesy Luxhabitat Sotheby's International Realty
    The infinity pool leads down to the private beach. Courtesy Luxhabitat Sotheby's International Realty
  • The property as seen from above thanks to drone footage. Courtesy Luxhabitat Sotheby's International Realty
    The property as seen from above thanks to drone footage. Courtesy Luxhabitat Sotheby's International Realty

Inside the Dh120 million Dubai Palm Jumeirah mansion that comes with a Ferrari, Rolls Royce and two cinemas


Farah Andrews
  • English
  • Arabic

An ultra-luxurious villa has landed on the Dubai property market. With an asking price of Dh120 million, One 100 is a five-bedroom, 14,000-square-foot home located on Palm Jumeirah's N frond.

It comes complete with sea views and private beach access, naturally.

If you have the necessary millions to buy the property, it is not just a villa you would be investing in, as it comes with a Ferrari, Rolls Royce and Harley Davidson, as well as an art collection that would be the envy of a gallery.

The Palm Jumeirah mansion is on the market for Dh120 million. Courtesy Luxhabitat Sotheby's International Realty
The Palm Jumeirah mansion is on the market for Dh120 million. Courtesy Luxhabitat Sotheby's International Realty

The property is owned by Michael Adam Alibhai, the director of fashion resource company ‎Connection Design Associates. It has been listed for sale by Luxhabitat Sotheby's International Realty.

Alibhai told The National why he has decided to sell the home with the luxury cars and motorcycle.

“It's part of my ultra-luxury concept," he says. "The house is not missing anything so why would it miss having cars? You literally just bring your suitcases, nothing else.”

Finished to five-star hotel standards, the house includes an infinity pool, a gym, two cinemas (one of which has an Imax screen) and a rooftop Jacuzzi. The five-bedroom home has three kitchens, including one professional restaurant kitchen, and eight bathrooms.

The indoor private cinema, which has an Imax screen, 4k projector and Dolby Atmos sound system. Courtesy Luxhabitat Sotheby's International Realty
The indoor private cinema, which has an Imax screen, 4k projector and Dolby Atmos sound system. Courtesy Luxhabitat Sotheby's International Realty

The property, which Alibhai has never lived in, had only been finished for a week at the time of writing. “Unfortunately, I have been forced to reconsider my life due to Covid-19. Just as I have completed this piece of art, I came to realise the importance of family,” Alibhai said.

“I have been missing out on valuable moments in life with family and having [had] close friends and family pass away during the Covid-19, and hearing about their regrets, I would not want to live knowing that I didn’t have [friends and family] close to me with moments to cherish and remember.”

He added that it is now time for him to return home to Sweden, after two decades in the UAE.

“I spent 20 years in the UAE away from my family and I’m turning 44 in three months … I’m still single. I felt it's time I started considering having a family of my own and preferably meeting someone from back home in Sweden.

"I guess that when I was 38 and started to develop the house, my plans and life were slightly different from what they are today. Saying this, I do intend to make a similar villa back home in Sweden instead, by using all my knowledge acquired and talent.”

The style of the villa is sleek and modern, finished with Italian marble and furniture and decor by Bentley, Fendi, Louis Vuitton and Hermes.

There are more than 30 pieces of art in the home, including works from French artist Richard Orlinski, Finnish sculptor Eero Aarnio, and pieces by Fidia Falaschetti, as well as a three-metre-tall Bumble Bee statue from the movie Transformers.

“My main inspiration came from the US. I looked at many properties in LA, California, specifically Beverly Hills and Bel Air. I simply loved the mansions and their way of giving it the touch of ultra-luxury,” Alibhai says.

Mickey Mouse pop art pieces by Fidia Falaschetti, that seem to have been inspired by Jeff Koons, inject personality into the property. Courtesy Luxhabitat Sotheby's International Realty
Mickey Mouse pop art pieces by Fidia Falaschetti, that seem to have been inspired by Jeff Koons, inject personality into the property. Courtesy Luxhabitat Sotheby's International Realty

“I redesigned the house twice and as I kept building, I changed my mind probably a hundred times and I demolished areas and rebuilt them as they were not triggering me and satisfying me enough. I simply wanted more and more and to do better and better.

I spent a few good months just amending the floorplan to ensure it was the most functional home from every aspect

"Being a perfectionist, I wouldn’t be able to accept anyone having a negative comment or saying, ‘Yeah it looks OK’. So far, I’ve only heard people coming in saying, ‘Wow, wow, wow’ and that it's the best mansion they have ever seen.”

Alibhai is confident that the property will appeal to investors and sell quickly. When asked about what he thinks will attract a buyer, he replied confidently “every single aspect.”

“Everything has been thought of up to the smallest design aspect. I left nothing unturned, I strived for perfection,” he adds. “I spent a few good months just amending the floorplan to ensure it was the most functional home from every aspect … I would have to say [it’s] a house that has it all, a house that contains all the luxury one could ever wish for.”

For more information, visit www.luxhabitat.ae

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

'Peninsula'

Stars: Gang Dong-won, Lee Jung-hyun, Lee Ra

Director: ​Yeon Sang-ho

Rating: 2/5

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

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

The biog

Favourite book: Homegoing by Yaa Gyasi

Favourite holiday destination: Spain

Favourite film: Bohemian Rhapsody

Favourite place to visit in the UAE: The beach or Satwa

Children: Stepdaughter Tyler 27, daughter Quito 22 and son Dali 19

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
RESULT

Liverpool 4 Southampton 0
Jota (2', 32')
Thiago (37')
Van Dijk (52')

Man of the match: Diogo Jota (Liverpool)

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

UAE currency: the story behind the money in your pockets
The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

Leaderboard

15 under: Paul Casey (ENG)

-14: Robert MacIntyre (SCO)

-13 Brandon Stone (SA)

-10 Laurie Canter (ENG) , Sergio Garcia (ESP)

-9 Kalle Samooja (FIN)

-8 Thomas Detry (BEL), Justin Harding (SA), Justin Rose (ENG)

'Nightmare Alley'

Director:Guillermo del Toro

Stars:Bradley Cooper, Cate Blanchett, Rooney Mara

Rating: 3/5

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

The specs: 2018 Mercedes-Benz E 300 Cabriolet

Price, base / as tested: Dh275,250 / Dh328,465

Engine: 2.0-litre four-cylinder

Power: 245hp @ 5,500rpm

Torque: 370Nm @ 1,300rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.0L / 100km