Droves of Dubai families and young professionals are turning their back on the hustle and bustle of city-centre life to opt for the quieter suburbs.
One area benefitting from the exodus is the Al Qudra Road, where many are opting for suburban life in the Mira and Town Square communities.
The surge in demand for these areas has seen occupancy rates rise, which has led not only to prices rising, but an increase in facilities.
“In Town Square there is a mini fair for the children, including a mini train ride, community events in the town centre, a trampoline park, splash park, cafes, restaurants and more,” said Lewis Allsopp, chief executive of Allsopp and Allsopp real estate.
It's no longer essential to be close to the centre of the city as there is more and more for people on their doorstep
Lewis Allsopp,
Allsopp and Allsopp
“The community attracts families in the villas and a lot of young families and young professionals in the apartments.
“Mira is like a Mediterranean village in its architecture and has an abundance of park areas … as well as pools and play areas.”
As popularity rises, both Mira and neighbouring Mira Oasis have had community gyms open in the last year. A mosque is also being built.
“If there is a negative that has been associated with the communities it's the slightly further distance to the more central areas of the city,” said Mr Allsopp.
“However, recent works on Umm Sequim are easing some of that pain, and this is coupled with the increased suburbanisation of the city. It's no longer essential to be close to the centre of the city as there is more and more for people on their doorsteps.”
Traffic problems
“I moved here eight weeks ago from Manchester and chose Town Square because I prefer the quiet life,” said Haider Ali, 39, a doctor from Sweden.
“It actually reminds me of the UK when I used to live in the suburbs.
“I looked around Dubai at other areas but this area seemed unique and was a little bit away from the main part of the city.”
Mr Ali pays Dh110,000 for a town house in Town Square. He also works at the local medical practice in the community.
“There’s a nice expat community and it really ticks all the boxes for me,” he said.
“The only downside is the traffic. It’s almost a 30-minute drive to anywhere else in the main part of Dubai.”
Landlords rule the roost
Mr Allsop said that it was very much a landlord’s market at the moment.
“Supply is low at the moment and demand is high so anything coming to market is in high demand,” he said.
“A lot of properties in Mira are renting before they go on to the market, enabling landlords to get a good price.”
Nshama, the management company behind Town Square, forecasts that by 2025, 85,000 people will be living and working in the community.
Leigh Wilmot, senior broker with Treo Homes, who specialises in the area, said properties are almost all occupied.
“The demand for property in Town Square is absolutely ridiculous,” said Mr Wilmot.
“So many people want to live there even though the prices have increased.
“When somebody moves there’s somebody else moving in almost immediately. I would say the occupancy is around 95 per cent.”
There are currently 2,600 town houses and 6,000 apartments in Town Square, Mr Wilmot said, with plans for further expansion.
In Mira, there are just under 1,900 properties.
Rising rents
Saher Ahmed, a 31-year-old British Indian dentist, rents a property in Mira.
“The primary reason for choosing to live here was because of the children, she said. “There are great facilities here and in neighbouring areas and it’s competitively priced.”
The average price of an apartment to rent in Town Square starts from just over Dh25,000 for a studio apartment up to D95,000 for a four-bedroom unit, according to the latest figures from Property Monitor.
Renting a town house starts at just over Dh102,000 up to more than Dh121,000.
Neighbouring Mira, which is directly across Al Qudra Road, offers town houses and villas for sale and rent.
To rent a town house in Mira starts from an average of just under Dh119,000, up to almost Dh135,000. Villas starting from close to Dh139,000, rising to more than Dh175,000 for the bigger units.
The two communities have long been attractive to residents but that appeal has only grown in recent months due to escalating rent prices across the emirate, said one real estate expert.
“Spacious, affordable properties in peaceful areas have always been attractive to home seekers, which has led these two communities to maintain a high demand,” said Thomas Poulson, leasing director with Haus & Haus real estate.
“This is even more noticeable now as a lot of people are being ‘priced out’ of more centrally located villa communities such as Dubai Hills, Arabian Ranches, Meadows, and the Lakes.”
More residents now buying
One resident who bought his home in Town Square was Matt Trenchard, 44, from the UK.
“We were previously living in an apartment in The Greens and had our first child four months ago, so we needed somewhere with more space,” said Mr Trenchard, who runs a business coaching company.
“It feels like a village on the outskirts of the city. I won’t tell you what I paid but what I can say is that I got lot more for my money than I would have in a lot of other places.”
Another major draw of living in the area is being close to the Al Qudra cycling track.
That was a big draw for Aruna Subin, 40, from India, who bought a property in Mira.
“My husband and I are keen cyclists and decided to move here as we used the track regularly when we lived in Ras Al Khor, so this cut down a lot of travelling,” said Ms Subin, who works in the logistics sector.
“Our quality of life has improved. The community comes together to celebrate festivals all over the world. This is something we didn’t have before.”
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
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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
When Umm Kulthum performed in Abu Dhabi
Known as The Lady of Arabic Song, Umm Kulthum performed in Abu Dhabi on November 28, 1971, as part of celebrations for the fifth anniversary of the accession of Sheikh Zayed bin Sultan Al Nahyan as Ruler of Abu Dhabi. A concert hall was constructed for the event on land that is now Al Nahyan Stadium, behind Al Wahda Mall. The audience were treated to many of Kulthum's most well-known songs as part of the sold-out show, including Aghadan Alqak and Enta Omri.
Company%C2%A0profile
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THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
Safety 'top priority' for rival hyperloop company
The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.
He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.
“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.
“Only once the system has been certified and approved will it move people,” he said.
HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon.
With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.
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.”
Profile
Company name: Jaib
Started: January 2018
Co-founders: Fouad Jeryes and Sinan Taifour
Based: Jordan
Sector: FinTech
Total transactions: over $800,000 since January, 2018
Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups
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The specs: 2018 Dodge Durango SRT
Price, base / as tested: Dh259,000
Engine: 6.4-litre V8
Power: 475hp @ 6,000rpm
Torque: 640Nm @ 4,300rpm
Transmission: Eight-speed automatic
Fuel consumption, combined: 7.7L / 100km
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Company%20profile
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pakistan Test squad
Azhar Ali (capt), Shan Masood, Abid Ali, Imam-ul-Haq, Asad Shafiq, Babar Azam, Fawad Alam, Haris Sohail, Imran Khan, Kashif Bhatti, Mohammad Rizwan (wk), Naseem Shah, Shaheen Shah Afridi, Mohammad Abbas, Yasir Shah, Usman Shinwari