Palm Jumeirah’s newest neighbour will open its doors to guests in September this year.
Voco Dubai The Palm is gearing up to welcomes visitors at the end of summer as the first beach property on Palm Jumeirah for the InterContinental Hotels Group.
Located at Palm West Beach, the boutique hotel will have 143 rooms and offer overnight stays in one of Dubai's most popular neighbourhoods without the five-star luxury price tags typically found in the destination.
“The hotel is simply a nice place to be, and to spend good life moments,” said Charles Godot, general manager at the soon-to-open property, speaking to The National on the sidelines of the Arabian Travel Market 2022.
"It’s not luxury, it’s not five-star, it’s very lifestyle. The rooms have beautiful views and there’s an amazing rooftop pool."
Room rates look set to start from about Dh1,000 ($272) per night, according to rates on the hotel's website. Pet-owners will be happy to hear that the hotel will also welcome four-legged friends to spend the night.
Maison Mathis is the hotel's new all-day dining restaurant. The Arabian Ranches eaterie is bringing its casual Belgian dining and laid-back atmosphere to the beach for the first time. It will be an integral part of voco's plans to become the “go-to neighbouring hotel” for residents on Palm Jumeirah.
Up on the roof there’s an infinity pool with views over Palm Jumeirah. By night, this space will be transformed into Frenia — a rooftop lounge with views over Ain Dubai.
Voco’s private beach will give guests access to one of the city’s most popular shorelines and there’s also a fitness suite and a ladies-only spa.
And while holidaymakers and residents are set to account for the majority of visitors, the hotel also plans to welcome business travellers thanks to its proximity to the city.
“It’s a leisure destination, but we are not far from Media City and we are at the entrance of the Palm, so access in and out is quite good,” said Godot.
Sustainability is also taken seriously at the waterfront hotel with several eco initiatives in place, including comfy duvets made out of recycled plastic and in-house water infiltration processes.
The hotel is the latest addition to the Palm's newest shoreline promenade, which is also home to spots like February 30, Koko Bay and Lucky Fish.
It’s also the third voco hotel in Dubai, joining voco Dubai on Sheikh Zayed Road and voco Bonnington Jumeirah Lakes Towers Dubai.
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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
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