My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in
Captain Fareed Lafta made plenty of headlines as an adventurer who skydived thousands of times, swam with sharks and once attached 350 helium balloons to a garden chair to fly over the US for eight hours.
The Iraqi-born businessman and pilot also broke his first record after flying to the peak of Mount Everest and skydiving from a height of 9km, and held a Guinness World Record, one of several, for skydiving with the biggest flag in 2012.
But even a fearless adventurer has to come down to Earth, so Capt Lafta – a goodwill ambassador for the Iraqi Red Crescent who does charity work with young Iraqis – likes to relax. He does so in a spacious home in Jumeirah Park, a short drive from the Jebel Ali office of the family’s steel-trading business.
The 45-year-old, who once piloted a MiG 29 fighter jet to the edge of space, has a museum/office in JBR [Jumeirah Beach Residences] for his “boy's toys”, such as cartoon figures and aeroplane models, so he can keep the rest of his family home simply decorated.
Capt Fareed took The National on a tour of the house he shares with his wife and their children, aged 18 and 19.
What can you tell us about your home?
It has five bedrooms, with five bathrooms, on two floors. I love it because it’s very comfy. And I have a big garden with a huge swimming pool. It’s a quiet area with a lot of greenery. I like nature.
We bought it in 2019, before Covid, and paid roughly $1.5 million (Dh5.5 million).
It is about 10 years old and it’s well maintained, so it looks brand new. It has a high-quality finish.
We have a dining room, which is separate, and we have a reception area and lounge. I love books so I have space to go and read.
We have a large kitchen but I’m not a good cook – I’m just the consumer.
We turned one of the rooms into a gym. I also own a gym, Easy Life Fitness, in Al Quoz.
There’s plenty of parking space and a garage. I have a Cadillac Escalade, a Humvee military car and a Lexus. Some of my cars are parked at home.
What made you buy this property?
We were previously living in Dubai Marina. We owned a big apartment on the 23rd floor. It was nice but I prefer houses rather than flats.
I have a son and daughter and I wanted more space for everyone.
In fact, not just indoor space, also the gardens, the backyard and a swimming pool, plus you have your own garage.
Why did you choose this particular area?
Because it’s near my brother, my sister and my father. Everybody lives in this area. We have four villas.
It’s pretty quiet and has less people around. The ratio of people, because the land area and homes are big, means it’s less crowded, there’s less pollution and less traffic.
It’s greener, a lot of trees and flowers, so it's healthier. Even the temperature, if I go from some areas to our area … it drops.
We also have great maintenance here.
Where did you live before?
Ajman was the first place where I owned a flat. Then International City, in Dubai, also a flat. And then a villa in Jumeirah Islands.
Why do you own rather than rent a home?
I prefer to own since I've been a resident here since 2004. Dubai is my second home.
In Iraqi culture, we prefer to own.
If I stay in an area for a long time, it's better to own my own home. I love to feel that it is my home.
But I’m not fascinated with investing in properties. We have family businesses, so I want to focus on that.
Have you ever seen your home from the air?
When I was jumping from the plane with Skydive Dubai, I was always flying over Jumeirah Park and Jumeirah Islands. I love to see my homes from above.
I wish I could get permission to land as a skydiver but it’s too small an area to land here.
Have you upgraded your villa or the garden?
I love what I found here when I moved in so I didn’t and don’t want to change anything.
Unfortunately I don’t have time [for gardening] because I am travelling a lot. I would love to. I also have a farm in Iraq and I’m always planning to plant there but I’m always in a plane.
Decoration is simple. We bought new stuff [furniture], modern and simple. My concept is about space, not about filling the space. It’s very comfortable on the eye.
Also I have a big 1.3-metre scale model plane on a stand, a Czech Republic L39 training jet. I used to fly one.
Are there advantages to living in this area?
It’s very well connected. Sheikh Zayed Road is easy to get to.
We have Ibn Battuta Mall nearby, and JLT and the Marina is next to us. The beach is near and it's a five-minute drive to JBR. We are away from the traffic though.
I have an office in Jebel Ali for my family business and I have my museum/office in JBR.
I’m not social person. Maybe because I'm travelling a lot, I have no time. So what time I have, I prefer to spend it with my family.
Sometimes we come together here and we have a barbecue.
Do you think you will stay in this property?
I hope so. I don’t like to move around, unless something pushes me to do that.
I like to settle down and stay there for as long as I can.
We own two more villas and six flats as a family that we rent to people.
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A list of the animal rescue organisations in the UAE
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The Bio
Favourite holiday destination: Either Kazakhstan or Montenegro. I’ve been involved in events in both countries and they are just stunning.
Favourite book: I am a huge of Robin Cook’s medical thrillers, which I suppose is quite apt right now. My mother introduced me to them back home in New Zealand.
Favourite film or television programme: Forrest Gump is my favourite film, that’s never been up for debate. I love watching repeats of Mash as well.
Inspiration: My late father moulded me into the man I am today. I would also say disappointment and sadness are great motivators. There are times when events have brought me to my knees but it has also made me determined not to let them get the better of me.
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
THE BIO:
Sabri Razouk, 74
Athlete and fitness trainer
Married, father of six
Favourite exercise: Bench press
Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn
Power drink: A glass of yoghurt
Role model: Any good man
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
Zayed Sustainability Prize
More on animal trafficking
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Read more about the coronavirus
The Bio
Name: Lynn Davison
Profession: History teacher at Al Yasmina Academy, Abu Dhabi
Children: She has one son, Casey, 28
Hometown: Pontefract, West Yorkshire in the UK
Favourite book: The Alchemist by Paulo Coelho
Favourite Author: CJ Sansom
Favourite holiday destination: Bali
Favourite food: A Sunday roast
Mohammed bin Zayed Majlis
Mohammed bin Zayed Majlis
MATCH INFO
Rajasthan Royals 158-8 (20 ovs)
Kings XI Punjab 143/7 (20 ovs)
Rajasthan Royals won by 15 runs
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
The bio
Academics: Phd in strategic management in University of Wales
Number one caps: His best-seller caps are in shades of grey, blue, black and yellow
Reading: Is immersed in books on colours to understand more about the usage of different shades
Sport: Started playing polo two years ago. Helps him relax, plus he enjoys the speed and focus
Cars: Loves exotic cars and currently drives a Bentley Bentayga
Holiday: Favourite travel destinations are London and St Tropez
Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.
First Person
Richard Flanagan
Chatto & Windus
RESULTS
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching