There's no shortage of affluent, single young men in the Gulf for whom the ultimate bachelor lifestyle - complete with smart clothes, stylish houses, fast cars and the coolest gadgets - is entirely within reach.
But having the money is one thing. Knowing how to spend it is another. Here are 10 tips to help you create the ultimate Middle East bachelor pad.
1 Sofa
First impressions are crucial. Invest in a statement piece for your living room, because you need to establish the wow factor here and set the tone for things to come.
Think about how you'll use the sofa. What's your downtime fix? Fiddling with the PlayStation, watching DVD box sets, surfing the net or napping while you read?
Ligne Roset's quirky Confluences sofa works well for any hobby. Its playful puzzle configuration gives you a range of possibilities. Take it apart to form individual seats for gaming, or bring it together for a cosy lounge setting while relaxing or entertaining.
An L-shaped couch works well to create a lounge setting for relaxing or entertaining. Al Huzaifa furniture in Dubai and Sharjah has a range of reasonably priced contemporary pieces (www.alhuzaifa.com).
2 Bedroom
Your bedroom is where you unwind and rejuvenate after a long day in the city. We spend a third of our lives sleeping, so a good bed is a necessity, not a luxury.
The sculptural Sleep-in bed by Günther Thöny has that X factor that every bachelor pad needs. It looks amazing, but what use is a thing of great beauty if it hasn't got any buttons? This bed has a colour-changing light and a slow-rotating swivel base that will certainly impress. You can fall asleep watching the news and wake up enjoying the view out of your bedroom window.
3 Putting Green
All work and no play makes the bachelor a dull boy. You need to factor in playtime. How about a golf putting green on your terrace? It's a great way to reduce your handicap.
If golf isn't your thing have a look at GRO Design's sleek version of the classic football table, called 11: The Beautiful Game. With its matt black shell, white playing surface, lighting effects and gleaming chrome footballers, this piece can substitute artwork in your home.
The units are handcrafted and made to order - well worth the 12-week wait. Available at www.11thegame.com.
4 Art
This is where you show your cultural side. Opt for works by regional painters, that way you can develop your appreciation of art while demonstrating your affinity for the Middle East. Last year, the global auction house Christie's launched its first sale of affordable Middle East paintings in Dubai, with original works by up-and-coming artists starting from US$1,500 (Dh5,510).
If art is not your thing, consider memorabilia. Classic movie posters are hugely popular, with plenty of easy to find dealers and auction houses on the internet. Vintage sport shirts, trophies and photographs will add real character to your room, as will old album covers from the 1960s and 1970s.
And remember, while most of the stuff you buy for your pad will fetch peanuts when you eventually sell it on Dubizzle, art and collectables might just make you rich.
5 Slick screen
A good flat-screen television will impress both football buddies and chick flick fans.
Technology is constantly changing, but you cannot go wrong with a Bang & Olufsen product. The BeoVision 10 has a sleek, square shape thanks to the powerful speaker underneath the wide screen. Cluster the television on the wall with artwork and your guests won't be able to tell the difference until you switch it on to watch the game.
For an even quirkier look, the wall bracket enables the television to pivot up to 45 degrees away from the wall, allowing you to find the perfect viewing angle.
6 Setting the mood
It's all about creating the right ambience in your man cave. Party mode and romantic dinners are two very different conditions.
Overhead lighting can be harsh, while candles might come across as trying too hard, so your solution is dimmer controlled lighting. Better still, go for a full home automation system to control the electric lighting, window blinds, music, temperature and much, much more from a central control pad. Try www.archimedia-me.com.
Finally, invest in a designer floor lamp. Retro 1920s-style movie lights look great. Check out the options at Marina Furniture.
7 Shaken or stirred
Every man needs a cabinet to store his drinks. The stunning Tessen Bar cabinet (Crate & Barrel, Dh7,775) has an Asian-inspired fan pattern hand-carved on the mahogany cupboard doors and it comes with interior storage for bottles and bar ware. It's also fitted with a concealed trap door so it can double up as a media cabinet. Another idea is Filini's Peak Cocktail Table (Dh1,965), an icicle-shaped table that lights up and even has a well in the centre where you can chill your bottle.
8 Texture
Tone down the macho feel with some soft finishes. A plush shagpile rug in your living room creates a warm atmosphere and doubles as extra seating for lazy lounging days. Large rugs are also great sound absorbers, so it'll keep the neighbours at bay when you turn up your state of the art sound system.
Add a nice fur throw and cushions to your couch; they'll be much appreciated by any stylista that visits. Pottery Barn has a great range of faux fur rugs for just a few hundred dirhams.
9 Wallpaper
Repeat after me: wallpaper is not just for girls.
Bare concrete walls and unfinished wooden floors look great, but, sadly, we don't have the luxury of living in converted warehouses or lofts in the Middle East. Have a look at Mr Perswall's concrete effect wallpaper. The shuttered concrete graphic looks like the real thing, and it can be custom made to any dimension. Available at www.thekollektion.com
10 Keep it clean
If you're a swanky city worker putting in long hours at the office, you probably don't have time for cleaning and doing the laundry. But it's pointless having a classy pad if it's messy, so enlist professional help. You don't need a live-in housekeeper, but a professional cleaning service two or three times a week is a must.
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
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Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
Killing of Qassem Suleimani
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now
Pataal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Profile box
Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
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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UAE currency: the story behind the money in your pockets