Watch: take a tour of the $40,000-a-night Palazzo Versace suite 50 Cent, Jason Derulo and Jennifer Lopez have stayed in


Sophie Prideaux
  • English
  • Arabic

50 Cent has given us all insight into what it's like to holiday like a celebrity during his recent stay at Dubai's Palazzo Versace hotel.

While the hotel itself exudes luxury, the Imperial Suite, where the rapper has just spent six nights, is next level.

The two-level 22,000-square-foot duplex comes with a fully serviced kitchen, a dining room, a living room, a billiards room, a multipurpose area and a library. That’s not forgetting the two bedrooms, sauna, gym and outdoor pool with a terrace overlooking the Dubai skyline. The entire suite is, of course, furnished in Versace.

  • Imperial Suite bedroom. Courtsey Palazzo Versace.
    Imperial Suite bedroom. Courtsey Palazzo Versace.
  • Imperial Suite living room. Courtesy Palazzo Versace
    Imperial Suite living room. Courtesy Palazzo Versace
  • Imperial Suite pool. Courtesy Palazzo Versace
    Imperial Suite pool. Courtesy Palazzo Versace
  • Imperial Suite hallway. Courtesy Palazzo Versace.
    Imperial Suite hallway. Courtesy Palazzo Versace.
  • Imperial Suite dining area. Courtesy Palazzo Versace.
    Imperial Suite dining area. Courtesy Palazzo Versace.
  • Imperial Suite hallway. Courtesy Palazzo Versace.
    Imperial Suite hallway. Courtesy Palazzo Versace.
  • Imperial Suite leisure area. Imperial Suite living room. Courtesy Palazzo Versace
    Imperial Suite leisure area. Imperial Suite living room. Courtesy Palazzo Versace
  • Imperial Suite library. Courtesy Palazzo Versace
    Imperial Suite library. Courtesy Palazzo Versace
  • Imperial Suite gym. Courtesy Palazzo Versace.
    Imperial Suite gym. Courtesy Palazzo Versace.
  • Imperial Suite modern living room. Imperial Suite living room. Courtesy Palazzo Versace
    Imperial Suite modern living room. Imperial Suite living room. Courtesy Palazzo Versace
  • Imperial Suite foyer. Courtesy Palazzo Versace
    Imperial Suite foyer. Courtesy Palazzo Versace
  • Imperial Suite bedroom. Courtesy Palazzo Versace
    Imperial Suite bedroom. Courtesy Palazzo Versace
  • A falcon detail in the Imperial Suite. Courtesy Palazzo Versace
    A falcon detail in the Imperial Suite. Courtesy Palazzo Versace
  • Imperial Suite bathroom. Courtesy Palazzo Versace
    Imperial Suite bathroom. Courtesy Palazzo Versace

The room takes over the top two floors of the hotel and has its own private lift, for optimum discretion. So it's no wonder, then, that 50 Cent is not the first high-profile guest the suite has welcomed. Egyptian actor Mohamed Ramadan, Jennifer Lopez, Akon and Jason Derulo can all be counted among previous guests.

The National took a tour of the Imperial Suite to show you exactly the kind of luxury the rapper enjoyed during his stay. See the video at the top of this page.

During his stay at the Versace, 50 Cent also tried out its newly launched Secret Palazzo Versace brunch, although, naturally, he did so with a VIP edge.

Dubai events company Secret Parties instead threw the star a private version of its popular Friday brunch, complete with performances from an opera singer and violinist, as well as a four-course Italian feast with dishes such as seafood arancini, roasted beef tenderloin and pan-seared sea bass.

He was also snapped in the desert, visiting the Burj Khalifa, and at Cove Beach, located at Caesar's Palace Bluewaters Dubai.

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Read more: 

Inside 50 Cent's $40,000-a-night Dubai hotel suite

Mohamed Ramadan in Dubai: Egyptian star on his UAE golden visa

How '365 Days' changed Michele Morrone's life: 'I woke up and had 2.2 million followers'

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At a glance

Fixtures All matches start at 9.30am, at ICC Academy, Dubai. Admission is free

Thursday UAE v Ireland; Saturday UAE v Ireland; Jan 21 UAE v Scotland; Jan 23 UAE v Scotland

UAE squad Rohan Mustafa (c), Ashfaq Ahmed, Ghulam Shabber, Rameez Shahzad, Mohammed Boota, Mohammed Usman, Adnan Mufti, Shaiman Anwar, Ahmed Raza, Imran Haider, Qadeer Ahmed, Mohammed Naveed, Amir Hayat, Zahoor Khan

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.”

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

On Instagram: @WithHopeUAE

Although social media can be harmful to our mental health, paradoxically, one of the antidotes comes with the many social-media accounts devoted to normalising mental-health struggles. With Hope UAE is one of them.
The group, which has about 3,600 followers, was started three years ago by five Emirati women to address the stigma surrounding the subject. Via Instagram, the group recently began featuring personal accounts by Emiratis. The posts are written under the hashtag #mymindmatters, along with a black-and-white photo of the subject holding the group’s signature red balloon.
“Depression is ugly,” says one of the users, Amani. “It paints everything around me and everything in me.”
Saaed, meanwhile, faces the daunting task of caring for four family members with psychological disorders. “I’ve had no support and no resources here to help me,” he says. “It has been, and still is, a one-man battle against the demons of fractured minds.”
In addition to With Hope UAE’s frank social-media presence, the group holds talks and workshops in Dubai. “Change takes time,” Reem Al Ali, vice chairman and a founding member of With Hope UAE, told The National earlier this year. “It won’t happen overnight, and it will take persistent and passionate people to bring about this change.”

RACECARD%20
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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
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Structural%20weaknesses%20facing%20Israel%20economy
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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

ESSENTIALS

The flights 
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes. 
Where to stay 
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5