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
Entrepreneur Jack Sellers, 32, moved to the UAE from London in 2021 with a plan to invest in property.
The founder of YallaValue, a digital property valuation platform, grew up in neighbouring Bahrain, so the move to Dubai felt natural to him.
When he bought his three-bedroom flat in Marina Sail Tower, in Dubai Marina, for Dh2.35 million back in 2022, it was purely for investment purposes. He added two bedrooms and planned to rent it out to five tenants.
But after a gruelling renovation that set him back 10 per cent of the property value, he decided to take the master bedroom for himself – and he couldn’t be happier.
The National takes a look around.
Please tell us about your home
I basically bought a big three-bedroom flat in the Marina that had the potential to be turned into five rooms. I made the calculation that that would make it worthwhile for me and keep the bills paid.
The vibe is like a young professional co-living space in a modern, minimalist setting.
I removed all the designs from before, painted all the walls, redid the floors. I picked people that I thought would get along with each other, and so there's always a friendly vibe.
Everyone's doing their own thing, everyone's got their own lives, their own jobs, but we still enjoy spending time together as a flat and congregating in the kitchen.
How much did you buy it for?
I moved to the UAE in 2021 and bought the flat in March 2022 for Dh2.35 million.
I own a property valuations platform and the estimate it gives now is around Dh2.8 million. And I think that's pretty conservative. I'd say anywhere between Dh2.8 million and Dh3 million right now.
The thing is, there are not many people who want to buy a five-bed. There are a lot of people who want to buy a three-bed with a living room. If I were to sell it, I'd probably have to convert the living room back.
What renovations have you done?
Initially I wasn't planning to live here. I was literally just going to buy it, do it up and go live somewhere else. But I made it the way that I wanted it, so at the end I felt like I had to live here now. I didn’t want to go and rent something that I don't really like when there's something that I designed.
The renovation process was quite stressful, because it was a big job. And I'd never done anything like this before. This was my first renovation.
We knocked down walls, put up new ones, repainted the rooms, split the AC across the two new rooms so each room had their own separate controls.
We also redid the kitchen and added a new bathroom, redid all the other bathrooms, pulled out all the bathtubs and put in showers.
I was going to leave the original tiles to save money, but at the last minute I saw a picture of some herringbone floors and thought, ‘I’ve got to do that’. It finished it off really nicely, so I’m really glad I did that.
How much did you spend on renovations?
The renovation was about Dh200,000. When I went into it, again, it was purely for investment. At the time, I said to myself, I would be willing to spend up to 10 per cent of the property value on renovating it.
It meant being smart about all of the individual, little things, looking for alternatives. If I hadn't have had that figure in mind from the beginning, then I would have spent a lot more.
Why did you decide to buy?
I was in London, then during the second Covid-19 lockdown, I had just had enough. I grew up in Bahrain, so coming to Dubai was like coming home.
I felt like I had kind of done everything I wanted to do in the UK, and I wanted something else. I had some money that I'd set aside to put into property, and I just knew that I didn't want to do that in the UK. Dubai was the obvious choice, really.
Why did you choose Dubai Marina?
It was obvious to me before I even came. I can't think of anywhere better in Dubai. I've never felt Downtown. It's nice to look at Burj Khalifa, but that's assuming you've got a flat that does, as those flats are expensive.
I do a lot of walking as well, and being 10 minutes from the beach, sitting here now and looking at the boats – nothing compares to the Marina, in my view.
What facilities do you have access to?
We've got a gym and we've got a pool. The gym is small, so I don’t use it, but the pool has a lot of potential, it’s just a bit old.
I'm on the board of the building and I've battled very hard to try to make changes in the building. It takes time, but we're getting there.
How long do you plan to own this property for?
The long term. I really love it. I like just being able to sit here and see the boats. It's a very bright flat. Even though the living room is two bedrooms, I redid the kitchen so that all the light is still coming into the flat.
It just has a very nice vibe.
At some point in the future, would I turn the living room back into the living room? Yeah, potentially. But it works for now.
Biography
Favourite book: Zen and the Art of Motorcycle Maintenance
Holiday choice: Anything Disney-related
Proudest achievement: Receiving a presidential award for foreign services.
Family: Wife and three children.
Like motto: You always get what you ask for, the universe listens.
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
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Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
Shubh Mangal Saavdhan
Directed by: RS Prasanna
Starring: Ayushmann Khurrana, Bhumi Pednekar
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
What is dialysis?
Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.
It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.
There are two kinds of dialysis — haemodialysis and peritoneal.
In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.
In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.
It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.
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SPECS
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Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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
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