• Arakkal Jayan and his wife Lakshmi have been living in their three-bedroom villa in Mirdif for 15 years. All photos: Chris Whiteoak / The National
    Arakkal Jayan and his wife Lakshmi have been living in their three-bedroom villa in Mirdif for 15 years. All photos: Chris Whiteoak / The National
  • The villa, near Mirdif City Centre Mall, is a short distance from the main roads and amenities.
    The villa, near Mirdif City Centre Mall, is a short distance from the main roads and amenities.
  • The family is emotionally attached to the house as their two children grew up in the villa. The children are now abroad but the couple's empty nest holds many fond memories.
    The family is emotionally attached to the house as their two children grew up in the villa. The children are now abroad but the couple's empty nest holds many fond memories.
  • The spacious living room has a brown colour scheme and is the couple's favourite space in which to hang out.
    The spacious living room has a brown colour scheme and is the couple's favourite space in which to hang out.
  • The villa has three spacious bedrooms, all on the first floor.
    The villa has three spacious bedrooms, all on the first floor.
  • The biggest plus point of living in an old villa is the plentiful space available.
    The biggest plus point of living in an old villa is the plentiful space available.
  • The villa's spacious kitchen.
    The villa's spacious kitchen.
  • The villa is filled with the couple's decorations and ornaments.
    The villa is filled with the couple's decorations and ornaments.
  • The villa has a spacious garden and backyard where the couple love to host their friends.
    The villa has a spacious garden and backyard where the couple love to host their friends.
  • Midrif Grand Mosque and many other facilities are nearby.
    Midrif Grand Mosque and many other facilities are nearby.

My Dubai Rent: Indian couple live in 'precious' Dh100,000 three-bed Mirdif villa


Anjana Sankar
  • English
  • Arabic

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

An Indian couple have lived in their spacious Dh100,000 three-bedroom villa in Mirdif for 15 years.

Arakkal Jayan, 55, and his wife Lakshmi, both from Kerala, say their home is “filled with memories of a lifetime”.

Their son, Sharath, 25, now lives in the UK and their daughter, Gauri, 21, is studying in India, but both grew up in the family home and went to school in Sharjah.

The couple say the villa is full of memories too precious to leave behind if they move elsewhere.

Why did you choose to live here?

This is a four-villa complex and we had a friend living here. My company was providing the accommodation and we could choose anything within a budget.

The rent was Dh145,000 for a single cheque payment 15 years ago. We loved the space and the area.

Now, the rent is on us and we are paying Dh100,000 in two cheques.

The spacious outdoor area allows the couple to host plenty of guests. Chris Whiteoak / The National
The spacious outdoor area allows the couple to host plenty of guests. Chris Whiteoak / The National

Why do you love it here?

This is home for the children. This is where they grew up. All our best memories are attached to this house.

Also, it is very quiet and easily accessible to any part of Dubai.

Our children were studying in Sharjah. My company is just a 30-minute drive away. Mirdif has great access to Emirates Road, the airport and Al Khail Road. All facilities, including City Centre Mirdif, are very close by.

Where were you living before?

We were in a two-bedroom apartment in Sharjah. It was small and the traffic was also bad. As the children got older, we wanted more space.

The best thing about this villa is that it is old and hence spacious. There is a big garden and a backyard where we can easily host 20 to 30 people.

What did you do to make it feel like home?

Everything that you see here is acquired over time. That happens when you live in the same house for 15 years. We chose brown as a colour scheme and everything fits into that.

Anything you wish to change in the house?

It is perfect as it is. Whenever our children visit us, we want them to feel like they are coming back home. So, we want to keep it as it is.

UAE%20medallists%20at%20Asian%20Games%202023
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The years Ramadan fell in May

1987

1954

1921

1888

U19 WORLD CUP, WEST INDIES

UAE group fixtures (all in St Kitts)

  • Saturday 15 January: UAE beat Canada by 49 runs 
  • Thursday 20 January: v England 
  • Saturday 22 January: v Bangladesh 

UAE squad:

Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles
Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly,
Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya
Shetty, Kai Smith  

if you go

The flights

Etihad and Emirates fly direct from the UAE to Seoul from Dh3,775 return, including taxes

The package

Ski Safari offers a seven-night ski package to Korea, including five nights at the Dragon Valley Hotel in Yongpyong and two nights at Seoul CenterMark hotel, from £720 (Dh3,488) per person, including transfers, based on two travelling in January

The info

Visit www.gokorea.co.uk

UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20PlanRadar%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2013%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EIbrahim%20Imam%2C%20Sander%20van%20de%20Rijdt%2C%20Constantin%20K%C3%B6ck%2C%20Clemens%20Hammerl%2C%20Domagoj%20Dolinsek%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EVienna%2C%20Austria%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EConstruction%20and%20real%20estate%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E400%2B%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20B%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Headline%2C%20Berliner%20Volksbank%20Ventures%2C%20aws%20Gr%C3%BCnderfonds%2C%20Cavalry%20Ventures%2C%20Proptech1%2C%20Russmedia%2C%20GR%20Capital%3C%2Fp%3E%0A
Company%C2%A0profile
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ALRAWABI%20SCHOOL%20FOR%20GIRLS
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THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

MATCH INFO

Mainz 0

RB Leipzig 5 (Werner 11', 48', 75', Poulsen 23', Sabitzer 36')

Man of the Match: Timo Werner (RB Leipzig)

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%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A
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The specs: 2018 Peugeot 5008

Price, base / as tested: Dh99,900 / Dh134,900

Engine: 1.6-litre turbocharged four-cylinder

Transmission: Six-speed automatic

Power: 165hp @ 6,000rpm

Torque: 240Nm @ 1,400rpm

Fuel economy, combined: 5.8L / 100km

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

WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
Updated: November 29, 2022, 6:54 AM