Airbnb is officially licensed in Abu Dhabi, meaning there’s plenty of new options for getaways in the UAE capital.
Abu Dhabi's Department of Culture and Tourism signed a deal with the accommodation provider platform in February on collaboration to help grow and develop the holiday home sector for visitors looking for alternatives to traditional hotels.
Since then, several properties have been listed on the short-term accommodation booking service, with hosted stays, unique properties and luxury lodgings all open for reservations.
Here are six listings in Abu Dhabi that caught our attention.
1. A luxury villa stay on Zaya Nurai Island
If you’re craving sea air and luxury living, then this luxury villa on Zaya Nurai Island might be one to consider. With six bedrooms, a private pool and its own stretch of pristine shoreline, Paradise Nurai Villa has everything you need for a getaway with family or friends.
There’s 18,000 square feet of living space that includes a lounge, dining room, al fresco showers and sun terraces. A shuttle service runs to and from the island every hour, so it's easy to get there. There’s also an on-call butler available throughout your stay.
Dh35,500 per night; www.airbnb.com
2. A desert-farm escape in Al Khatim
Farm 118 is located in Al Khatim desert, about 50 minutes from Abu Dhabi and away from the hustle and bustle of the city. The low-level traditional villa has a huge walled-in garden where you’ll find your own private swimming pool, outdoor seating area and BBQ set-up.
Inside, the decor is bright and homely, with comfortable couches, wooden flooring and lots of neutral tones. There are four spacious bedrooms, each furnished with two queen beds, and a small kitchen with a fridge, cooker and microwave to prepare meals. Surrounded by rolling sand dunes and a star-filled night sky, it's the perfect place for a remote desert staycation.
Dh7,000 per night; www.airbnb.com
3. A loft-style apartment with Soul Beach access
Located on Saadiyat Island, this stylish waterfront beach loft apartment is located right on Soul Beach, making it perfect for those who want to be close to the water. Inside, the first-floor apartment is entirely modern, with floor-to-ceiling double-height windows allowing in plenty of natural light, as well as retro-style armchairs and lots of polished marble.
The duplex layout has stairs leading to the bedroom, where there’s a king-size bed and two foldable beds that can be used if you have children or extra guests staying with you. A large infinity pool is located only a few steps from the apartment and there’s direct access on to the Mamsha Al Saadiyat Boardwalk with all its cafes, bars and restaurants.
Dh1,500; www.airbnb.com
4. A traditional Emirati farm stay
Escape to a traditional Emirati farm house for a rustic staycation in the desert. The Al Khateem Art Hub is a stone and timber house with a huge traditional-style majlis living room, three main bedrooms, several bathrooms and five single bedrooms located in wooden huts outside the main house. Perfect for groups or big family gatherings, don't go expecting marble and luxury at this dune-surrounded stay, but instead be ready to embrace the adventure of the desert.
Take a walk in the desert and enjoy Arabic coffee, dates and fresh camel's milk. You can also opt for breakfast and dinner prepared and served to you by local hosts for an even more authentic experience. You can enjoy it seated on the floor in the majlis, just as the locals do.
Dh2,600; ww.airbnb.com
5. A family-friendly city villa stay
Villa Blue is a luxury stay in Rawdhat that is ideal for a family escape. A spacious living room, dining room and large kitchen make up the ground floor, and upstairs there are three bedrooms and three bathrooms. The decor is sleek and contemporary — think industrial-style shelving, geometric artwork and plenty of texture with complimentary toiletries by The White Company.
Outside, there’s a patio and walled garden as well as your own private pool for cooling off. It’s managed by Nasma Luxury Stays, which means you’ll get a contact number and 24-hour concierge service in case you need anything during your stay.
Dh1,328 per night; www.airbnb.com
6. A coastal chic villa on Saadiyat Island
Saadiyat Island is known for its beautiful beaches and unrivalled nature and a stay at Villa Lazuli gives you access to all of that, alongside some seriously stylish lodgings. Make the most of the beautiful outdoors with a private swimming pool complete with a swim-up bar, a Jacuzzi, fire pit and BBQ dining area with an outdoor pizza oven and teppanyaki grill plate, ideal for entertaining.
Insider, there are four spacious en suite bedrooms, each with either a private balcony or patio. An open plan living area, fully equipped kitchen and 10-person dining table are presented alongside gorgeous coastal-chic interiors. There's even a private office if you need to get a bit of work done during your visit.
A live-in housekeeper is on hand to help with cleaning and cooking and there's also a driver who will be happy to chauffeur you around in your private golf cart, or you can opt to take the wheel yourself and explore the island. Guests also have access to an electric scooter and two bicycles during their stay.
Dh5,000 per night; www.airbnb.com
Blonde
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAndrew%20Dominik%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EAna%20de%20Armas%2C%20Adrien%20Brody%2C%20Bobby%20Cannavale%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3Cbr%3E%3C%2Fp%3E%0A
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Killing of Qassem Suleimani
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.”
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
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
More on Quran memorisation:
SPEC%20SHEET
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M2%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206%2C%20Bluetooth%205.0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Silver%2C%20space%20grey%2C%20starlight%2C%20midnight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%20or%2035W%20dual-port%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C999%3C%2Fp%3E%0A