A growing demand for discreet and highly organised private assistants serving the ultra-wealthy is driving salaries up to as much as Dh75,000 a month, experts told The National.
The need for these professionals, often responsible for managing daily life and organising luxury holidays, is increasing as the UAE continues to attract more millionaires to its shores.
Not to be confused with executive assistants, who operate in the corporate sphere and rarely do personal work, private assistants ensure that life runs without a hitch. Now, newer iterations of private assistants, known as lifestyle managers or chiefs of staff, are commanding top wages for organising the personal lives of the wealthy.
While there are downsides to these roles, particularly the lack of time off, the high earning potential is attractive to many job hunters, said Tracey Irwin, founder of Irwin & Dow, a recruitment firm that specialises in business support and secretarial staff.
However, it’s very difficult to get into without prior experience. “We see a lot of young candidates trying to come over,” Ms Irwin said. “You have to be tenacious, and you have to really understand that you're not going to walk straight into that position … You're up against the huge competition there is in Dubai for this space.”
Supporting 'the principal'
The private personal assistant typically supports an individual, often referred to as 'the principal', and manages their day-to-day activities. The assistant may also be called a “lifestyle manager” and could be one of many hired by a single person.
“They do everything including organising the kids, the nannies, the drivers, the household, the luxury shopping,” said Ms Irwin.
“The principal’s wife might be on the wait list for a handbag, for example, and she’ll get the call from wherever in the world, and the assistant will go and get it. But then they could be driving the kids to school because the driver’s ill, or the nanny’s gone AWOL, or they’ll do the research for holidays and so on.”
For a small family, private assistants involved in household and staff management, as well as renovations, can command a salary between Dh25,000 to Dh30,000 a month, said Ms Irwin.
For larger families, particularly those with multiple properties internationally, yachts or even private jets, salaries can reach about Dh40,000 a month.
Sarah White works as a lifestyle manager in Dubai, offering part-time services to busy people who do not want or need someone full-time. She provides support to individuals and small businesses, as well as property management and travel planning services, at a rate of up to Dh250 per hour.
“No day is the same and no request is too small, or too out of reach,” Ms White told The National. “You must be prepared for anything and always provide a client discretion, honesty, flexibility and reliability.”
Ms White, who has signed non-disclosure agreements forbidding her from naming any of her clients, says she must be a “gatekeeper”.
“It’s essential to keep all aspects of your client’s life private and all information confidential. This could include property access, protecting a client's whereabouts when requested, not sharing more information than is strictly needed to get a task completed, and remaining professional in your own, personal social situations.”
Calls night and day
You also must be prepared to work night and day, said Ms White. “Life does not operate 9am to 5pm. You must be flexible to work early mornings, evenings, weekends, public holidays, Christmas Day and on your vacation to ensure your client's needs are met and their life runs smoothly.”
According to Ms White, it's not unusual for personal private assistants to 'road test' companies to see how fast they can provide services in an emergency, such as a driver or masseuse. They then apologise for cancelling and keep a record of which company was able to accommodate the urgent request, ready for when a real one occurs.
Going the extra mile to provide a feeling of luxury is also essential. “Making sure that you have hired a driver that will have the preferred brand of water on board, placed in the correct cup holder, with the bottle label facing the right way, is an example of the level of detail you need to be paying attention to,” she said.
A role now emerging in the UAE is the “chief of staff”, who takes on even more responsibility, said Ms Irwin. “They will probably oversee the private personal assistant and also liaise with the investment team. They might sit in on corporate meetings with the principal, but at the same time they might be overseeing a renovation of a property.”
While the role is newer in the UAE, it has historically been very prevalent in the UK, explained Ms Irwin. “We have a lot of aristocratic and old money in the UK, and big family offices, so those types of roles have always been there, but now we’re seeing … [wealthy] people coming in from India, Hong Kong, Singapore and so on.”
A record 6,700 millionaires are expected to call the UAE home by the end of this year, according to a recent survey by international investment migration advisory firm Henley & Partners, which named the country the world's top wealth magnet for a third year in a row.
The country is poised to attract nearly twice as many millionaires as its nearest rival, the US, which is forecast to open its doors to 3,800 millionaires by the end of 2024.
“Dubai has created a huge safe haven for these people. So, you get the roles that come with them,” said Ms Irwin.
The largest salary for a chief of staff that Ms Irwin has placed was Dh75,000 a month, but on average it’s about Dh50,000 and starts at Dh40,000. In Saudi Arabia, particularly for larger families, salaries can reach the equivalent of just under Dh120,000 a month, she added.
“They are career professionals,” she said. “You can’t use the term chief of staff lightly. They are literally the right hand. They know absolutely everything about the family, the business, where the money is.”
Holding it all together
One former chief of staff, who wished to remain anonymous for privacy reasons as she has worked at the governmental level in the UK and UAE, said experience within diplomacy, media and luxury lifestyle can be of huge benefit for anyone looking to land this kind of role.
“You’re the point of contact for the principal. You’re the conduit for messages or requests or queries from other members of staff,” she said.
“When people get to that stage, at that really high level, they are the head of their own business, and their business life and personal life just merge completely … and everything crosses through you.
“You can delegate that – there's someone responsible for each area – but ultimately, as the overseer, you're responsible for keeping them updated on everything. It might be a flood in an apartment in Paris or a really important conference that they have to go to, so you're covering everything right across the board and keeping them abreast of their own lives.”
Amid the flurry of CVs and eager applicants Ms Irwin sees daily, she said a common pitfall when screening candidates for a job is that they forget they are providing a service, not living the lifestyle of their clients.
“You are providing the service. You are not living that life. Yes, you might get to go on the jet, you might be on the yacht, you might travel with the family, but, fundamentally, you are the person who keeps it all together and makes it work.”
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
'Downton Abbey: A New Era'
Director: Simon Curtis
Cast: Hugh Bonneville, Elizabeth McGovern, Maggie Smith, Michelle Dockery, Laura Carmichael, Jim Carter and Phyllis Logan
Rating: 4/5
How has net migration to UK changed?
The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.
It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.
Uefa Nations League
League A:
Germany, Portugal, Belgium, Spain, France, England, Switzerland, Italy, Poland, Iceland, Croatia, Netherlands
League B:
Austria, Wales, Russia, Slovakia, Sweden, Ukraine, Republic of Ireland, Bosnia-Herzegovina, Northern Ireland, Denmark, Czech Republic, Turkey
League C:
Hungary, Romania, Scotland, Slovenia, Greece, Serbia, Albania, Norway, Montenegro, Israel, Bulgaria, Finland, Cyprus, Estonia, Lithuania
League D:
Azerbaijan, Macedonia, Belarus, Georgia, Armenia, Latvia, Faroe Islands, Luxembourg, Kazakhstan, Moldova, Liechtenstein, Malta, Andorra, Kosovo, San Marino, Gibraltar
Sustainable Development Goals
1. End poverty in all its forms everywhere
2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture
3. Ensure healthy lives and promote well-being for all at all ages
4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
5. Achieve gender equality and empower all women and girls
6. Ensure availability and sustainable management of water and sanitation for all
7. Ensure access to affordable, reliable, sustainable and modern energy for all
8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
10. Reduce inequality within and among countries
11. Make cities and human settlements inclusive, safe, resilient and sustainable
12. Ensure sustainable consumption and production patterns
13. Take urgent action to combat climate change and its effects
14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development
15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
17. Strengthen the means of implementation and revitalise the global partnership for sustainable development
Background: Chemical Weapons
Sholto Byrnes on Myanmar politics
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6.30pm Maiden Dh165,000 (Dirt) 1,200
7.05pm Handicap Dh165,000 (D) 1,600m
7.40pm Maiden Dh165,000 (D) 1,600m
8.15pm Handicap Dh190,000 (D) 1,600m
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6.30pm Underwriter
7.05pm Rayig
7.40pm Torno Subito
8.15pm Talento Puma
8.50pm Etisalat
9.25pm Gundogdu
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More from Neighbourhood Watch
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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The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
Persuasion
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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
Checks continue
A High Court judge issued an interim order on Friday suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports.
Mr Justice Colton said he was making the temporary direction until a judicial review of the minister's unilateral action this week to order a halt to port checks that are required under the Northern Ireland Protocol.
Civil servants have yet to implement the instruction, pending legal clarity on their obligations, and checks are continuing.