• Waterfalling Estate in Hawaii is going up for sale with Sotheby's Concierge Auction, on August 11 to 15. All photos: Sotheby’s Concierge Auctions via TopTenRealEstateDeals.com
    Waterfalling Estate in Hawaii is going up for sale with Sotheby's Concierge Auction, on August 11 to 15. All photos: Sotheby’s Concierge Auctions via TopTenRealEstateDeals.com
  • The house is where Justin Bieber spent $10,000 a night in 2016 for a two-week holiday with his entourage.
    The house is where Justin Bieber spent $10,000 a night in 2016 for a two-week holiday with his entourage.
  • It's one of Hawaii's most photographed homes for a reason.
    It's one of Hawaii's most photographed homes for a reason.
  • It comes with a 73-metre natural waterfall, its own 450-capacity sports stadium and a nine-tee golf course.
    It comes with a 73-metre natural waterfall, its own 450-capacity sports stadium and a nine-tee golf course.
  • There are five bedrooms, six bathrooms and two master suites.
    There are five bedrooms, six bathrooms and two master suites.
  • The main living area includes a chef's kitchen and dining spot, and boasts waterfall and ocean views.
    The main living area includes a chef's kitchen and dining spot, and boasts waterfall and ocean views.
  • There are also two guest suites, with a game room, media area, two whirlpools, a sauna, outdoor kitchen and dining area.
    There are also two guest suites, with a game room, media area, two whirlpools, a sauna, outdoor kitchen and dining area.
  • It is located north of Hilo and sits on 3.3 hectares of land.
    It is located north of Hilo and sits on 3.3 hectares of land.
  • The house overlooks the Hamakua coastline.
    The house overlooks the Hamakua coastline.
  • There's also a one-bedroom guest house.
    There's also a one-bedroom guest house.
  • One of the many bathrooms in the estate.
    One of the many bathrooms in the estate.
  • It's made an appearance on the small screen, too, as it was the location for 'Love Island' and 'Ex on the Beach', as well as a finalist on HGTV's 'Ultimate House Hunt'.
    It's made an appearance on the small screen, too, as it was the location for 'Love Island' and 'Ex on the Beach', as well as a finalist on HGTV's 'Ultimate House Hunt'.
  • Unbeatable sea views.
    Unbeatable sea views.
  • There's also a four-car garage and helipad.
    There's also a four-car garage and helipad.
  • Spectacular views of the waterfall.
    Spectacular views of the waterfall.
  • It's close to a range of beautiful beaches, popular hiking spots and other areas for activities such as zip lining, whale watching, jungle exploring and fishing.
    It's close to a range of beautiful beaches, popular hiking spots and other areas for activities such as zip lining, whale watching, jungle exploring and fishing.

Hawaii home rented by Justin Bieber for $10,000 a night up for auction at $10m


Katy Gillett
  • English
  • Arabic

Justin Bieber is well known for his extravagant holidays. Only last year, Bieber and wife Hailey made headlines after splashing out on a $1,375-per-night suite at five-star hotel Calilo in Ios, Greece.

That's positively frugal in comparison to his past splurges, however, one of the most memorable being in 2016 when Bieber rented the $10,000-per-night Waterfalling Estate in Hawaii for two weeks for him and his entourage.

The house is now going up for sale with Sotheby's Concierge Auction from August 11 to 15, and it's currently listed at $9.95 million with a $6m reserve.

Scroll through the gallery above to see inside Hawaii's Waterfalling Estate.

It's one of Hawaii's most photographed homes for a reason. It comes with a 73-metre natural waterfall, its own 450-capacity sports stadium and a nine-tee golf course. Add to that an aquatic centre, two-storey water slide and incredible ocean views, and the high cost starts to make more sense.

There are five bedrooms, two guest suites and a one-bedroom guest house at Waterfalling Estate in Hawaii. Photo: Sotheby’s Concierge Auctions via TopTenRealEstateDeals.com
There are five bedrooms, two guest suites and a one-bedroom guest house at Waterfalling Estate in Hawaii. Photo: Sotheby’s Concierge Auctions via TopTenRealEstateDeals.com

It's made an appearance on the small screen, too, as it was the location for Love Island and Ex on the Beach, as well as a finalist on HGTV's Ultimate House Hunt.

Waterfalling Estate, which is located north of Hilo, sits on 3.3 hectares of land, overlooking the Hamakua coastline, and comes with a four-car garage and helipad.

The four-storey property has five bedrooms, six bathrooms and two master suites, and comes complete with a lift. The main living area includes a chef's kitchen and dining spot, has waterfall and ocean views. There are also two guest suites, with a game room, media area, two whirlpools, a sauna, outdoor kitchen and dining area.

There's a rooftop deck, lighted tennis and basketball court, lap pool, diving pool and children's pool.

On top of all that, there's a one-bedroom guest house and outdoor bar.

It's also close to a number of beautiful beaches, popular hiking spots and other areas for activities such as zip lining, whale watching, jungle exploring and fishing.

Most expensive celebrity homes, from $14m to $125m mega-mansions — in pictures

  • Microsoft founder Bill Gates's home lines the banks of Lake Washington, in Seattle, Washington. Photo: Dan Callister/Newsmakers
    Microsoft founder Bill Gates's home lines the banks of Lake Washington, in Seattle, Washington. Photo: Dan Callister/Newsmakers
  • The home has 24 bathrooms and six kitchens, but only four bedrooms. Photo: Bloomberg News
    The home has 24 bathrooms and six kitchens, but only four bedrooms. Photo: Bloomberg News
  • Bill Gates's mansion is worth an estimated $125 million. Getty Images
    Bill Gates's mansion is worth an estimated $125 million. Getty Images
  • George Clooney's Italian home, Villa Oleandra, on Lake Como's south-western shores, in Laglio. AFP
    George Clooney's Italian home, Villa Oleandra, on Lake Como's south-western shores, in Laglio. AFP
  • Clooney's 18th-century Italian house is worth an estimated $100m. AFP
    Clooney's 18th-century Italian house is worth an estimated $100m. AFP
  • George Lucas's Skywalker Ranch, located in Nicasio, California. AFP
    George Lucas's Skywalker Ranch, located in Nicasio, California. AFP
  • The sprawling Skywalker Ranch covers a 1,900-hectare site. AFP
    The sprawling Skywalker Ranch covers a 1,900-hectare site. AFP
  • The Skywalker Ranch is also the site of Skywalker Sound, the sound division of Lucasfilm, featuring dozens of sound and mixing suites. AFP
    The Skywalker Ranch is also the site of Skywalker Sound, the sound division of Lucasfilm, featuring dozens of sound and mixing suites. AFP
  • The $61m Chateau Miraval was formerly owned by estranged couple Angelina Jolie and Brad Pitt. AFP
    The $61m Chateau Miraval was formerly owned by estranged couple Angelina Jolie and Brad Pitt. AFP
  • Tom Cruise was the former owner of this 120-hectare private getaway ranch in Telluride, Colorado. Photo: Telluride Sotheby's International Realty
    Tom Cruise was the former owner of this 120-hectare private getaway ranch in Telluride, Colorado. Photo: Telluride Sotheby's International Realty
  • The house boasts floor-to-ceiling windows, traditional timber walls and a native stone chiminea. Photo: Telluride Sotheby's International Realty
    The house boasts floor-to-ceiling windows, traditional timber walls and a native stone chiminea. Photo: Telluride Sotheby's International Realty
  • The cosy ranch was used by Cruise and his family as a holiday retreat. Photo: Telluride Sotheby's International Realty
    The cosy ranch was used by Cruise and his family as a holiday retreat. Photo: Telluride Sotheby's International Realty
  • Tiger Woods bought the former Chuck Curcio estate, a four-hectare site on Florida's Jupiter Island. Photo: Alamy
    Tiger Woods bought the former Chuck Curcio estate, a four-hectare site on Florida's Jupiter Island. Photo: Alamy
  • Britney Spears's villa is located in Thousand Oaks, California. The property consists of 5 bedrooms and 7.5 bathrooms. Photo: Engel & Volkers
    Britney Spears's villa is located in Thousand Oaks, California. The property consists of 5 bedrooms and 7.5 bathrooms. Photo: Engel & Volkers
  • The sprawling view from Britney Spears's property. Photo: Engel & Volkers
    The sprawling view from Britney Spears's property. Photo: Engel & Volkers

Left Bank: Art, Passion and Rebirth of Paris 1940-1950

Agnes Poirer, Bloomsbury

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
UAE currency: the story behind the money in your pockets
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

The bio

Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.

Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.

Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.

Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.

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

COMPANY%20PROFILE%20
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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

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Teaching your child to save

Pre-school (three - five years)

You can’t yet talk about investing or borrowing, but introduce a “classic” money bank and start putting gifts and allowances away. When the child wants a specific toy, have them save for it and help them track their progress.

Early childhood (six - eight years)

Replace the money bank with three jars labelled ‘saving’, ‘spending’ and ‘sharing’. Have the child divide their allowance into the three jars each week and explain their choices in splitting their pocket money. A guide could be 25 per cent saving, 50 per cent spending, 25 per cent for charity and gift-giving.

Middle childhood (nine - 11 years)

Open a bank savings account and help your child establish a budget and set a savings goal. Introduce the notion of ‘paying yourself first’ by putting away savings as soon as your allowance is paid.

Young teens (12 - 14 years)

Change your child’s allowance from weekly to monthly and help them pinpoint long-range goals such as a trip, so they can start longer-term saving and find new ways to increase their saving.

Teenage (15 - 18 years)

Discuss mutual expectations about university costs and identify what they can help fund and set goals. Don’t pay for everything, so they can experience the pride of contributing.

Young adulthood (19 - 22 years)

Discuss post-graduation plans and future life goals, quantify expenses such as first apartment, work wardrobe, holidays and help them continue to save towards these goals.

* JP Morgan Private Bank 

The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

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
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A

 

 

The specs: 2019 Haval H6

Price, base: Dh69,900

Engine: 2.0-litre turbocharged four-cylinder

Transmission: Seven-speed automatic

Power: 197hp @ 5,500rpm

Torque: 315Nm @ 2,000rpm

Fuel economy, combined: 7.0L / 100km

Company%20profile
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Updated: July 31, 2022, 12:58 PM