My Dubai Rent takes you inside a reader's home to have a look at what they pay each month, see who they live with and ask what they like and don't like
When Patricia Finn first landed in Dubai in 2000, she viewed one apartment in Bur Dubai and moved in shortly after.
Twenty-two years later, she still calls the same place home.
Living in Bur Dubai is a win-win for the equine nurse from Ireland.
While the rent has fluctuated a lot over the past two decades, she said she’s never been keen to move away from the area as she loves the buzz of old Dubai.
When she first moved in, her rent was Dh64,000 for 13 months. In 2007, it jumped up to Dh84,000 and now she pays Dh72,000 ($19,600) for the year.
With a closed-off kitchen, balcony and separate utility room, she said while the rent is not as cheap as some other one-bedroom properties, she would be hard pressed finding an apartment as spacious as hers.
Here, Ms Finn invites The National into her home for a look around.
Where do you live?
In Bur Dubai. I’ve been in the same apartment for more than 20 years now. I moved to the UAE in 2000, this was the first apartment I viewed. I moved in shortly after and never left.
-
The Creek pictured from the Bur Dubai side. Dubai's old town is divided by the Creek, with Deira on the north side and Bur Dubai on the south. All photos: Chris Whiteoak / The National -
Many people say the hustle and bustle of the souq feels like the 'real Dubai'. -
Traders wait for customers in Bur Dubai's main souq. The Bur Dubai side is better known for its textiles and tourist souvenirs. The Deira side is better associated with the gold market and perfumes. -
The area is one of the most affordable to live in the city. Apartment buildings typically date back to the 1970s and 1980s. -
The district is known for its narrow streets and shops tightly packed together. -
The famous Dh1 boat service connects the two sides of the river. -
The old town's shops often offer goods of better quality - and better value - than shopping centres and supermarkets. -
It also offers a dazzling array of trinkets - and not always top-quality ones ... -
Spices and herbs can be bought for low cost and even shipped back to your home country. -
A shopkeeper waits for customers on a quiet and warm night in May 2022. The souqs are noticeably quieter since cruise ships began docking at Dubai Marina, 30km up the coast, instead of at the Creek.
Tell us about your property?
It’s a one-bed apartment in a low-rise building called Golden Sands 2. I’m on the sixth floor. When I first viewed the property I remember thinking, ‘Wow, this is big enough for a family of 10, never mind just one person.
I have a huge lounge and dining area, a separate kitchen which is large and has plenty of storage space, as well as a separate utility room.
The place was fully furnished when I moved in but over the years I’ve given furniture away and made my own mark.
How much do you pay in rent?
The rent has fluctuated a lot in 20 years. In 2000, it was Dh64,000 for 13 months as I get one month free. It went up to Dh84,000 in 2007 and now it's Dh72,000.
I pay the rent in four cheques — it works out at about Dh6,000 a month.
How have you made your house a home?
I love colour, so I have lots of different coloured furniture in my sitting room. I'm not fussed about having everything matching.
I got rid of my TV in 2013, so you’ll usually just hear music playing when I’m at home. I love my little balcony too.
I'm on the 6th floor so I enjoy lazing on my couch in the evening just before sunset, watching all the birds getting ready to roost for the night. I have water left on my balcony for them.
I’ve worked all over the world, so I have lots of little trinkets from my travels, as well as old photos from years gone by. When you come into the apartment, it's a real mix of styles, colours and patterns.
How did you find the apartment?
My employer helped me find the apartment, as it was part of my benefits package — and still is. One of my old colleagues used to live in the property before I took it over.
What do you like about the area?
I love Bur Dubai, especially the creek area. It's so multicultural and has great character in comparison to new Dubai, in my opinion at least.
There's lots of restaurants nearby that serve delicious and very cheap food, especially biryani, which I love.
Any time I have visitors, I always encourage them to explore the area as it’s the part of Dubai you don’t always get to see on the holiday adverts. But it’s really the gem of the city.
Do you plan on staying in the apartment?
I have thought about moving a few times but I always come to the conclusion that I'm better off where I am in lots of different ways.
Golden Sands 2 is a very clean and very well maintained building, even though it must be about 50 years old now.
I have pleasant neighbours and, as I’ve said, I just love the area. I'm very grateful to my employer for giving me the opportunity to be able to spend more than a third of my life working and living in this beautiful city and my beautiful apartment.
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
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Joe Root (captain), Dom Sibley, Rory Burns, Dan Lawrence, Ben Stokes, Ollie Pope, Ben Foakes (wicketkeeper), Moeen Ali, Olly Stone, Chris Woakes, Jack Leach, Stuart Broad
Fixtures and results:
Wed, Aug 29:
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- Oman bt Nepal by 7 wickets
- UAE bt Singapore by 215 runs
Thu, Aug 30: UAE v Nepal; Hong Kong v Singapore; Malaysia v Oman
Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal
Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore
Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong
Thu, Sep 6: Final
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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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THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
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Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”
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Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”
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Favourite place in UAE: Al Rams pearling village
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Age: 23
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9.25pm: Handicap (TB) Dh87,500 (D) 1,400m
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Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
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TEAMS
EUROPE:
Justin Rose, Francesco Molinari, Tyrrell Hatton, Tommy Fleetwood, Jon Rahm, Rory McIlroy, Alex Noren, Thorbjorn Olesen, Paul Casey, Sergio Garcia, Ian Poulter, Henrik Stenson
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Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
Billy Liddell 228
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Uefa Champions League, last-16 second leg
Paris Saint-Germain (1) v Borussia Dortmund (2)
Kick-off: Midnight, Thursday, March 12
Stadium: Parc des Princes
Live: On beIN Sports HD
HOW TO WATCH
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TikTok: @thenationalnews
PRO BASH
Thursday’s fixtures
6pm: Hyderabad Nawabs v Pakhtoon Warriors
10pm: Lahore Sikandars v Pakhtoon Blasters
Teams
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Squad rules
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