My Dubai Rent takes you inside a reader's home to have a look at what they get for their money, how much they pay in rent and asks them what they like and don't like
The multiple options for exercise in and near Dubai Marina makes a one-bedroom rental in the popular neighbourhood ideal for a British computer programmer.
Kriss Harris has a view of white yachts and boats berthed in the blue waters of the marina from his skyscraper home that he describes as “the best location” in the city.
He has always lived in the Dubai Marina area since moving to the Emirates from London four years ago and enjoys the convenience it offers.
When he steps out of his Dh110,000 apartment, he can walk along the marina, run to Kite Beach about 14km away, or meet friends in nearby restaurants.
Tell us about your home
I like the Marina Walk and I can also stroll around the Dubai Harbour. There is a gym I go to around the corner and my friends live nearby.
I didn’t always have a car when I moved here but everything is convenient, as I can always walk to get food.
Why this area in particular?
When I first came to Dubai in 2020 I stayed in a hotel in a different part of the marina.
Then I stayed in shared accommodation in the same building.
I like that I’m near the amazing Marina Walk.
When I run to Kite Beach it’s a straight road from my apartment.
How much do you pay for it?
At first I thought Dh110,000 was expensive but now I realise it’s value for money.
I live here with my girlfriend and her cat.
At one point, I thought of going to Jumeirah Village Circle or Jumeirah Village Triangle and saw some apartments.
But although prices were around Dh90,000 and the JVC apartments had a fresh new smell, this is nicer.
This is really the best location, because you can walk everywhere, and my friends live here.
In JVC you need a car to go everywhere. Now I really do think this is value for money.
What are the other advantages of living there?
It’s safe and you can get taxis at any time.
There are so many restaurants nearby.
You can easily cycle, run to Dubai Harbour or go for a longer run to Kite Beach, and it's close to Jumeirah Beach Residence, as well.
Is it a sociable neighbourhood?
Every time we go out, we bump into someone we know. We are constantly meeting people and I like that about this place.
Have you managed to make the apartment your home?
I have put pictures up of my mum and family.
I have a treadmill and a good desk that I moved near the window. To the left of my desk, I can see the sea and the beach.
It’s a better view of the water from the balcony. I have my desk set up so it’s also a stand-up desk with a big monitor. I feel I’m more productive when I work here.
Is there anything you would change?
It would be good if there was more space for storage.
What are the downsides?
Sometimes the elevators don’t work and there is a long queue – and that’s not great when you live on a higher floor.
Do you plan to stay in this property for a long time?
I plan to stay here for another two years.
I’m buying a property in Damac Hills 2, it’s an off-plan apartment.
I do want to stay in Dubai Marina but it’s expensive to buy here.
How Filipinos in the UAE invest
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.
Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).
Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
heading
Iran has sent five planeloads of food to Qatar, which is suffering shortages amid a regional blockade.
A number of nations, including Iran's major rival Saudi Arabia, last week cut ties with Qatar, accusing it of funding terrorism, charges it denies.
The land border with Saudi Arabia, through which 40% of Qatar's food comes, has been closed.
Meanwhile, mediators Kuwait said that Qatar was ready to listen to the "qualms" of its neighbours.
Heavily-sugared soft drinks slip through the tax net
Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.
Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.
A 680ml can of Arizona Iced Tea costs just Dh6.
Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.
Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
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