Burj Khalifa New Year's Eve light and fireworks show is expected to attract thousands of people
Burj Khalifa New Year's Eve light and fireworks show is expected to attract thousands of people
Burj Khalifa New Year's Eve light and fireworks show is expected to attract thousands of people
Burj Khalifa New Year's Eve light and fireworks show is expected to attract thousands of people

Burj Khalifa's New Year's Eve 2022 fireworks show: Everything you need to know


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Although Burj Khalifa's New Year's Eve spectacle can be viewed miles away from Downtown Dubai, thousands of people are still expected to be within the area for the show.

It's already been announced that this year's event will attempt to set new world records, and will turn the world's highest tower into "a shining beacon of hope, happiness and harmony for 2023".

The much-awaited evening will include the typical laser light and fireworks show, as well as a water spectacle at the Dubai Fountain.

So, if you're looking to attend the big event, here's what you need to know about the evening.

Advanced bookings

Most, if not all, restaurants and cafes around the area will require advanced booking, so it's advisable to contact them ahead of the December 31 craze. The venues are likely to have more information on procedures for their respective New Year's Eve events, including parking details, as well as on the fireworks viewing.

If you are planning to watch the show from the streets of Downtown Dubai, there are no reservations, registrations or tickets. Attendance will be on first-come, first-served basis.

Transport and parking

The Sheikh Mohammed Bin Rashid Boulevard will be closed from 6pm onwards, for both public and private transport modes, so guests with hotel or restaurant reservations must arrive ahead of time.

Parking will be available at The Dubai Mall until capacity is reached. Taxis will operate normally before the road closure.

The road closure is expected to end between 1am to 2am. Cars parked at hotels, residences and restaurants within Downtown Dubai and The Dubai Mall will only be able to leave once the road is opened again.

The Dubai Mall metro station will close once capacity at the mall is reached.

Sheikh Mohammed Bin Rashid Boulevard access

Five gates will be available to access the Downtown Dubai road:

  • Gate 1: behind Downtown Command Centre
  • Gate 2: behind Burj Vista
  • Gate 3: near Emaar Square, adjacent to Boulevard Plaza Building
  • Gate 4: opposite Address Boulevard
  • Gate 5: opposite Address Downtown

More information is available at www.mydubainewyear.emaar.com

Scroll through the gallery below to see New Year's Eve dinner and party offers in Dubai

  • An elegant gala dinner is how Sky Bubble Terrace at Meydan Hotel is celebrating New Year's Eve. All photos: supplied
    An elegant gala dinner is how Sky Bubble Terrace at Meydan Hotel is celebrating New Year's Eve. All photos: supplied
  • Party in Italian-style at Lucia's Giorno Rosso New Year's Eve celebration
    Party in Italian-style at Lucia's Giorno Rosso New Year's Eve celebration
  • Prato is hosting a four-hour New Year's Eve dinner to welcome 2023
    Prato is hosting a four-hour New Year's Eve dinner to welcome 2023
  • Guests can enjoy a contemporary Japanese feast at Roka in Business Bay
    Guests can enjoy a contemporary Japanese feast at Roka in Business Bay
  • The dinner at Asil features a five-course Arabesque gourmet menu
    The dinner at Asil features a five-course Arabesque gourmet menu
  • Attiko is hosting a future disco-themed New Year's Eve party
    Attiko is hosting a future disco-themed New Year's Eve party
  • La Maison Ani is hosting an extravagant dinner with majestive views of the Dubai Fountain
    La Maison Ani is hosting an extravagant dinner with majestive views of the Dubai Fountain
  • Timo serves a range of international dishes including salmon and seabass, squid ink spaghetti and baby chicken
    Timo serves a range of international dishes including salmon and seabass, squid ink spaghetti and baby chicken
  • The year-end dinner at San Beach features live entertainers including its resident DJs along with a percussionist and a saxophonist
    The year-end dinner at San Beach features live entertainers including its resident DJs along with a percussionist and a saxophonist
  • Drift Beach is offering its private beach cabana for a decadent New Year's Eve party
    Drift Beach is offering its private beach cabana for a decadent New Year's Eve party
  • Nice Guy recently opened its patio and terrace seating options
    Nice Guy recently opened its patio and terrace seating options
  • Kata's menu includes seaweed salad and baked Chilean seabass among other delectable flavours from Japan
    Kata's menu includes seaweed salad and baked Chilean seabass among other delectable flavours from Japan
  • It's a seafood feast at Ibn AlBahr for New Year's Eve
    It's a seafood feast at Ibn AlBahr for New Year's Eve
  • The High Note Pool and Sky Lounge at Aloft Al Mina offers extensive views of the Dubai skyline, perfect for watching New Year's Eve fireworks
    The High Note Pool and Sky Lounge at Aloft Al Mina offers extensive views of the Dubai skyline, perfect for watching New Year's Eve fireworks
  • Topgolf Dubai is staging its own fireworks display
    Topgolf Dubai is staging its own fireworks display
ANDROID%20VERSION%20NAMES%2C%20IN%20ORDER
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Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Cheeseburger%20ingredients
%3Cp%3EPrice%20for%20a%20single%20burger%20%C2%A30.44%3Cbr%3EPrice%20for%20a%20single%20bun%20%C2%A30.17%3Cbr%3EPrice%20for%20a%20single%20cheese%20slice%20%C2%A30.04%3Cbr%3EPrice%20for%2010g%20Gherkins%20is%20less%20than%20%C2%A30.01%3Cbr%3EPrice%20for%2010g%20ketchup%20is%20less%20than%20%C2%A30.01%20%3Cbr%3EPrice%20for%2010g%20mustard%20is%20less%20than%20%C2%A30.01%3Cbr%3EPrice%20for%2010g%20onions%20is%20less%20than%20%C2%A30.01%3C%2Fp%3E%0A%3Cp%3ETotal%2068p%3C%2Fp%3E%0A%3Cp%3ECredit%3A%20Meal%20Delivery%20Experts%3C%2Fp%3E%0A
Results:

6.30pm: Handicap (Turf) | US$175,000 2,410m | Winner: Bin Battuta, Christophe Soumillon (jockey), Saeed bin Suroor (trainer)

7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 1,400m | Winner: Al Hayette, Fabrice Veron, Ismail Mohammed

7.40pm: Handicap (T) $145,000 1,000m | Winner: Faatinah, Jim Crowley, David Hayes

8.15pm: Dubawi Stakes Group 3 (D) $200,000 1,200m | Winner: Raven’s Corner, Richard Mullen, Satish Seemar

8.50pm: Singspiel Stakes Group 3 (T) $200,000 1,800m | Winner: Dream Castle, Christophe Soumillon, Saeed bin Suroor

9.25pm: Handicap (T) $175,000 1,400m​​​ | Winner: Another Batt, Connor Beasley, George Scott

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.”

RESULTS

Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden

INDIA'S%20TOP%20INFLUENCERS
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Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

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

Updated: December 22, 2022, 11:32 AM