• The Schakat family will leave Dubai in July to start a 14-month road trip. Photos: Nina Schakat and Alisa Poturaeva
    The Schakat family will leave Dubai in July to start a 14-month road trip. Photos: Nina Schakat and Alisa Poturaeva
  • The bus before the makeover.
    The bus before the makeover.
  • The family completed the whole refurbishment themselves.
    The family completed the whole refurbishment themselves.
  • Ben helped to clean the bus.
    Ben helped to clean the bus.
  • They plan to visit many countries, including Iran, Pakistan and Vietnam.
    They plan to visit many countries, including Iran, Pakistan and Vietnam.
  • Kai fitted the water tank and solar panels.
    Kai fitted the water tank and solar panels.
  • The kitchen area.
    The kitchen area.
  • Ben's skateboard holder above his bunkbed.
    Ben's skateboard holder above his bunkbed.
  • The Schakat family will visit more than 10 countries.
    The Schakat family will visit more than 10 countries.
  • The master suite.
    The master suite.
  • Ben and Kai in Oman in May during a test run in the bus.
    Ben and Kai in Oman in May during a test run in the bus.
  • A company in Dubai painted the exterior of the bus.
    A company in Dubai painted the exterior of the bus.
  • The bus cost Dh25,000.
    The bus cost Dh25,000.
  • The family will cover about 40,000km, driving for a few hours each day.
    The family will cover about 40,000km, driving for a few hours each day.

Meet the Dubai family about to travel the world by bus


Kelly Clarke
  • English
  • Arabic

Latest: My Dubai Rent - tenant pays cheapest rent in 17 years in this Dh25,000 flat

When Nina and Kai Schakat splashed out Dh25,000 on an old 83-seater bus last year, they had a bold vision of turning it into a home on wheels.

But their ambitions did not stop there.

The German couple, who have lived in Dubai for 15 years, had grand plans to turn their backs on the 9-to-5 slog and travel around the world.

Eight months later, after spending Dh175,000 turning the rickety six-cylinder diesel engine Ashok-Leyland banger into their home from home, they are less than a month from turning that dream into reality.

They’ve started writing down a little bucket list of things they want to do. Leni wants to eat a cupcake from a vending machine in Japan and Ben wants to do go-karting in South Korea
Nina Schakat,
Dubai resident

Together with their two children, Ben, 11 and Leni, 10, the adventurous family will begin an epic 14-month road trip across Asia — and possibly South America — on July 16.

The ultimate bus journey

“We first discussed the idea last summer when the kids were in Germany with their grandparents,” Nina tells The National.

“When you work you’re so limited on vacation time and can’t always be so adventurous as a family.

“Usually, a holiday consists of being a tourist in a hotel somewhere."

At first, the children were sceptical at the thought of leaving their friends behind but now the excitement is building, she says.

The family will cover about 40,000km in 14 months driving for a few hours each day.
The family will cover about 40,000km in 14 months driving for a few hours each day.

“They’ve started writing down a little bucket list of things they want to do. Leni wants to eat a cupcake from a vending machine in Japan and Ben wants to do go-karting in South Korea.”

While the conversation last summer started off as places to visit in their retirement, Nina says it quickly took a U-turn.

As the couple started looking on a map and ticking off all the places they wished to see, they thought "why can’t we do it while the kids are still young?"

“I know that it’s a challenge travelling with kids sometimes, what with budgeting, finding accommodation and stuff, so we decided the best bet was to travel via a home on wheels,” she says.

“That’s when the whole idea just took off and here we are now, weeks away from starting our adventure."

A world of adventure

The couple purchased the bus in October and have spent the past eight months turning it into a compact home. In the meantime, Kai took his driving test for a bus licence and passed first time.

Previously used to transport construction workers around the UAE, the 2009 model bus was in good condition, had 700,000km on the clock and the capacity to hold 350 litres of fuel — which could keep the family going on the road for 2,300km.

The 24 square metre bus is kitted out with seven 450-watt solar panels on the roof, to help provide power, as well as six 200-amp batteries and a large water tank.

Water drained from the shower and washing machine will be used to flush the toilet and there is air-conditioning on board.

Like most homes, the bus has a dining area, lounge area, two bunk beds, a shower room and at the back, a master suite.

An ambitious timetable

Ben and Kai in Oman in May during a test run in the bus.
Ben and Kai in Oman in May during a test run in the bus.

On July 16, assuming all documentation is in order, the family plan to leave for Bandar Abbas, Iran, through the ferry port in Sharjah.

From there, they aim to travel about 40,000km in total, covering about 10 countries along the way during the first leg, including Pakistan, India, Nepal, Myanmar, Cambodia, Vietnam.

“Once we have explored Vietnam we need to make a decision on how to move further,” says Nina.

“If we manage to complete that part of Asia within five months, then we will ship the bus to South America.

“However, the trip needs to remain flexible. We always had a bucket list, which includes South America and North America, but we are having some issues figuring out shipping logistics as prices have tripled in the past few months.

“If the price doesn’t go down then we’ll likely head to South Korea and Japan.”

No income for full 14 months

With a budget of about Dh100,000 for the entire trip, the family plan to spend about Dh8,000 per month on food, fuel and activities.

Nina, a project manager for PMKConsult in Dubai, was given a sabbatical for the full travel period so, while she has a job to return to, she will have no income throughout the trip.

Kai, a carpenter who owns his own small business, is in a similar situation.

With no one available to run his business while he is away, he will shut it down for the full 14 months, meaning neither will be earning money while on the road.

The couple did look at the option of keeping the children in school and signing up for remote learning, but it wasn’t possible, so they have enrolled them into iAcademy for a whole academic year.

“There is still a bit of planning to do and the money side of things will never be fully accurate, what with the current market, but even without everything set in stone we could still commence the journey,” says Nina.

“I think if we don’t do it now we could end up constantly delaying it, so we just want to take the leap and get going.

“For the past eight months we have run our company, worked full-time, looked after two kids and completely gutted and rebuilt the interior of a bus.

“We’re restless and we just want to get going and actually experience what we have been planning for the past eight months.”

In terms of highlights, the couple say it will be a huge learning experience for the whole family, especially the children who were born and raised in Dubai.

With plans to visit rural areas instead of big cities, Nina says they also intend to help build small parks for children along the way, when they can, and they will vlog and blog about the journey on Instagram via their 8feet6wheels account.

In terms of things that still need ticking off the list, the AC needs a few tweaks, they need to wrap the bus windows in tint and sort out paperwork for shipping the vehicle between certain countries.

When it comes to luxuries and food, they want to bring as little from their home in Dubai as they can to get the most out of the experience.

“The kids aren’t so adventurous with food so that might prove an issue but they are willing to try,” says Kai.

“Leni isn’t so bad but Ben is very hesitant trying new stuff, it will be interesting.

“As for me and Nina, we’re up for trying all different street foods and local delicacies.

“If you put roasted crickets in front of me I’ll even give them a try.”

The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

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.”

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Updated: June 21, 2022, 8:35 AM