• A front view of the Trackside Residence, where race fans can get right in on the action. All images courtesy Escapade Living
    A front view of the Trackside Residence, where race fans can get right in on the action. All images courtesy Escapade Living
  • A Trackside Residence rear view.
    A Trackside Residence rear view.
  • An overview of the track and properties at Escapade Silverstone.
    An overview of the track and properties at Escapade Silverstone.
  • The living room at a trackside residence with views out over the circuit.
    The living room at a trackside residence with views out over the circuit.
  • The clubhouse restaurant.
    The clubhouse restaurant.
  • The clubhouse pool and sauna.
    The clubhouse pool and sauna.
  • A trackside residence bedroom.
    A trackside residence bedroom.
  • A dual-aspect residence bedroom.
    A dual-aspect residence bedroom.
  • A countryside residence set slightly back from the track.
    A countryside residence set slightly back from the track.

New homes on Silverstone F1 track offer front-row seats to all the racing action


Ian Oxborrow
  • English
  • Arabic

Sports fans like to get close to the action – but access doesn't always come easily.

For followers of Formula One, the roar of the engines is like music to the ears, so imagine the excitement of being trackside without actually leaving your home.

A new development on the racetrack at the UK's legendary Silverstone Circuit is set to provide homebuyers with that opportunity.

Escapade Silverstone is a matter of yards from the circuit, meaning residents could give the likes of Lewis Hamilton, winner of this month's British Grand Prix, a wave out of their front window as he goes hurtling past.

The project comprises 60 residences and a clubhouse, and is said by its developer, Escapade Living, to "redefine access to motorsport", with views stretching over Silverstone's most notable set of corners – Copse, Maggots, Becketts and Chapel.

A limited number of residences were made available for sale to coincide with the British Grand Prix. Ranging from two to four bedrooms, they're priced between £650,000 (Dh3.1 million) and £1,650,000.

The development is due to break ground in October and be in operation by May 2022.

The clubhouse and facilities include state-of-the-art simulator rooms, briefing rooms, a driver-focused gym, oxygen swimming pool and sauna, restaurant, bar and private dining room.

The properties, meanwhile, will have cantilevered terraces for a closer view of the racetrack, plus underfloor heating.

"Owners will also be granted founding membership, giving free access for all major race events, use of the clubhouse – even when they’re not staying – priority track access and exclusive invites to owner-only events, track days and trips," the developer said in a statement.

It added: "Residences are provided on a 125-year lease and owners will be able to use them as they wish up to a certain number of nights a year. Usage nights are calculated to enable maximum utilisation of a property – for owners as guests and investors."

_______________

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

  • 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

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet

Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

MATCH INFO

Tottenham 4 (Alli 51', Kane 50', 77'. Aurier 73')

Olympiakos 2 (El-Arabi 06', Semedo')

Coal Black Mornings

Brett Anderson

Little Brown Book Group 

Poacher
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ERichie%20Mehta%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Nimisha%20Sajayan%2C%20Roshan%20Mathew%2C%20Dibyendu%20Bhattacharya%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
How the bonus system works

The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.

The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.

There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).

All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.

UAE tour of the Netherlands

UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures and results:
Monday, UAE won by three wickets
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match

The biog

Name: Abeer Al Bah

Born: 1972

Husband: Emirati lawyer Salem Bin Sahoo, since 1992

Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old

Education: BA in Elementary Education, worked for five years in a Dubai school

 

Indoor cricket in a nutshell

Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.

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

Crops that could be introduced to the UAE

1: Quinoa 

2. Bathua 

3. Amaranth 

4. Pearl and finger millet 

5. Sorghum

OPENING FIXTURES

Saturday September 12

Crystal Palace v Southampton

Fulham v Arsenal

Liverpool v Leeds United

Tottenham v Everton

West Brom v Leicester

West Ham  v Newcastle

Monday  September 14

Brighton v Chelsea

Sheffield United v Wolves

To be rescheduled

Burnley v Manchester United

Manchester City v Aston Villa

Stamp duty timeline

December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%

April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.

July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.

March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.

April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.

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

UAE%20v%20West%20Indies
%3Cp%3EFirst%20ODI%20-%20Sunday%2C%20June%204%20%0D%3Cbr%3ESecond%20ODI%20-%20Tuesday%2C%20June%206%20%0D%3Cbr%3EThird%20ODI%20-%20Friday%2C%20June%209%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EMatches%20at%20Sharjah%20Cricket%20Stadium.%20All%20games%20start%20at%204.30pm%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3EUAE%20squad%3C%2Fstrong%3E%0D%3Cbr%3EMuhammad%20Waseem%20(captain)%2C%20Aayan%20Khan%2C%20Adithya%20Shetty%2C%20Ali%20Naseer%2C%20Ansh%20Tandon%2C%20Aryansh%20Sharma%2C%20Asif%20Khan%2C%20Basil%20Hameed%2C%20Ethan%20D%E2%80%99Souza%2C%20Fahad%20Nawaz%2C%20Jonathan%20Figy%2C%20Junaid%20Siddique%2C%20Karthik%20Meiyappan%2C%20Lovepreet%20Singh%2C%20Matiullah%2C%20Mohammed%20Faraazuddin%2C%20Muhammad%20Jawadullah%2C%20Rameez%20Shahzad%2C%20Rohan%20Mustafa%2C%20Sanchit%20Sharma%2C%20Vriitya%20Aravind%2C%20Zahoor%20Khan%0D%3C%2Fp%3E%0A

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.”

'Will%20of%20the%20People'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EMuse%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EWarner%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A