My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in
Hotel sales manager Soniya Sharma Rajwani and her husband Imran Rajwani, a strategy and planning manager, bought their Abu Dhabi dream home after one year of renting in the emirate.
They moved to the UAE two years ago, having lived in Muscat for 11 years, and now live in the 34th-floor apartment, which they bought for Dh980,000 in the City of Lights on Reem Island.
They live there with Imran’s parents and their four-year-old son, Vivaan. It has two bedrooms, as well as a living room and separate dining area, open-plan kitchen, laundry room and three bathrooms.
It might get a little crowded at times, but they wouldn’t change a thing – and plan to live there for years to come.
The National takes a tour.
Please tell us about your home
Soniya Sharma Rajwani: It's very nice. It has a very small, cute balcony, which has a little plant garden.
Imran Rajwani: It's a corner flat, it has a curve, so a lot of natural light comes in. And we are on 34th floor, so the view is quite good.
How is it with five people living together?
Soniya: It gets crowded, but it is nice. We get to spend more time together as a family. Our dinners are always together, and during our weekend all our meals are together.
Why did you decide to buy a property?
Imran: We bought the house last year, in November. We were renting a house when I moved to Abu Dhabi and we were staying on Reem Island, but after one year we realised that rent is increasing. Our landlord was asking us to move out because he was getting a better deal.
At first we thought we’d move somewhere else, but then we did our calculations. We looked at a lot of flats and then we found this one, it’s the perfect one. It was in our budget, we could arrange a down payment and were able to quickly get the loan from FAB Bank.
Because we have a kid and my parents are staying with us, it’s the right decision. It’s very difficult to move from one place to another place every year, taking all your stuff.
My wife also loves to decorate and I always stop her, because we were always going to move, but now we can really invest in the house.
What renovations have you done?
Imran: We invested a little on decorating, improving the laundry room, storage area, kitchen and the dining room. We haven’t done any full renovation.
Soniya: We might do more later on when our son grows a little. We are planning to convert the living room into a bedroom and maybe upgrade the kitchen area, to close it off, if required.
We’re an Indian household, so we do a lot of cooking.
Why did you choose this neighbourhood?
Soniya: Reem Island is beautiful. It’s quiet, it’s away from the city’s everyday hustle and bustle.
There’s a bridge that connects you directly to Reem Island and you don’t have to go through a lot of signals.
In the City of Lights there is a nice, decent crowd, it’s surrounded by the creek, there is a lot of beach area where we can go easily for morning and evening walks. There are a lot of gardens around and kids’ play areas.
It was also a very, very fair deal, compared to what else you can find in the UAE, even in Reem Island. Somehow we got just so blessed to get this apartment at that rate.
Imran: One thing we were looking for was a house with a balcony. We also wanted both bedrooms to have en suite bathrooms.
There is also a lot of mangrove plantation around.
What facilities do you have access to?
Imran: You have a very huge swimming pool, there is a huge gym available, there is a kids’ play area and Reem Central Park is quite nearby.
Sky and Sun Tower Garden area is also quite nearby. We have two malls, Reem Mall and some boutiques.
A place should feel like you want to come back to it after office hours, so this is the perfect place for me.
How long do you plan on staying?
Soniya: I was thinking that I'll get retired the moment I go into my forties. But the day we bought our house, I realised that now, even if I take retirement, this is still our home.
The best part is our parents love the house. When we were in Oman, it was a little slow-paced, they wanted to go back home because they miss the people, but from the time we moved to Abu Dhabi, they are loving it.
They say, “If you want to go, go, but we are not going anywhere.”
England squad
Joe Root (captain), Alastair Cook, Keaton Jennings, Gary Ballance, Jonny Bairstow (wicketkeeper), Ben Stokes (vice-captain), Moeen Ali, Liam Dawson, Toby Roland-Jones, Stuart Broad, Mark Wood, James Anderson.
RACECARD
6pm Emaar Dubai Sprint – Conditions (TB) $60,000 (Turf) 1,200m
6.35pm Graduate Stakes – Conditions (TB) $100,000 (Dirt) 1,600m
7.10pm Al Khail Trophy – Listed (TB) $100,000 (T) 2,810m
7.45pm UAE 1000 Guineas – Listed (TB) $150,000 (D) 1,600m
8.20pm Zabeel Turf – Listed (TB) $100,000 (T) 2,000m
8.55pm Downtown Dubai Cup – Rated Conditions (TB) $80,000 (D) 1,400m
9.30pm Zabeel Mile – Group 2 (TB) $180,000 (T) 1,600m
10.05pm Dubai Sprint – Listed (TB) $100,000 (T) 1,200m
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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.”
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No more lice
Defining head lice
Pediculus humanus capitis are tiny wingless insects that feed on blood from the human scalp. The adult head louse is up to 3mm long, has six legs, and is tan to greyish-white in colour. The female lives up to four weeks and, once mature, can lay up to 10 eggs per day. These tiny nits firmly attach to the base of the hair shaft, get incubated by body heat and hatch in eight days or so.
Identifying lice
Lice can be identified by itching or a tickling sensation of something moving within the hair. One can confirm that a person has lice by looking closely through the hair and scalp for nits, nymphs or lice. Head lice are most frequently located behind the ears and near the neckline.
Treating lice at home
Head lice must be treated as soon as they are spotted. Start by checking everyone in the family for them, then follow these steps. Remove and wash all clothing and bedding with hot water. Apply medicine according to the label instructions. If some live lice are still found eight to 12 hours after treatment, but are moving more slowly than before, do not re-treat. Comb dead and remaining live lice out of the hair using a fine-toothed comb.
After the initial treatment, check for, comb and remove nits and lice from hair every two to three days. Soak combs and brushes in hot water for 10 minutes.Vacuum the floor and furniture, particularly where the infested person sat or lay.
Courtesy Dr Vishal Rajmal Mehta, specialist paediatrics, RAK Hospital
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Boyd Tonkin, Galileo Press
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
The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
Power: 271 and 409 horsepower
Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
Managing the separation process
- Choose your nursery carefully in the first place
- Relax – and hopefully your child will follow suit
- Inform the staff in advance of your child’s likes and dislikes.
- If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
- The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
- Be patient. Your child might love it one day and hate it the next
- Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.
The biog
Family: He is the youngest of five brothers, of whom two are dentists.
Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.
Where he works: Liberty Dental Clinic
The Details
Article 15
Produced by: Carnival Cinemas, Zee Studios
Directed by: Anubhav Sinha
Starring: Ayushmann Khurrana, Kumud Mishra, Manoj Pahwa, Sayani Gupta, Zeeshan Ayyub
Our rating: 4/5
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
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