Phase one of one of the most significant construction projects and sports landmarks that underpin Abu Dhabi Sports Council development initiatives is nearly complete.
Abu Dhabi General Services Company “Musanada” said on Saturday that the long-awaited Dh205 million Abu Dhabi Ladies Club is expected to be handed over to the council by end of the year.
The project consists of a 2,000-square-metre main building, including the main lobby that overlooks the outdoor swimming pool. It also includes a sport section comprising sport halls, an indoor swimming pool, a training pool, a multipurpose hall, a squash court, as well as a main restaurant, spa, beauty centre and a crafts educational centre and kids play area.
The facility also includes a health and recreational resort for both UAE and expatriate women.
“Abu Dhabi Ladies Club represents an important addition and will serve a large segment of the community with the diversified sports and social and recreational activities,” said Aref Hamad Al Awani, general secretary of ADSC.
“The club will support the constant development and growth witnessed by the sport and community sector in general.
“Emphasizing these projects reflects the unlimited support and concern of our prudent leadership for the urban development and prosperity experienced by our country ON all fronts.”
Mohammed Omar Al Hashmi, Musanada’s acting buildings director, added: “The Dh205m project, strategically located next to the Armed Forces Officers Club on Al Khaleej Al Arabi Street and stretching over 17,000 square metres for the main club, features a distinguished design developed in line with the highest international standards, and represents an additional landmark for further engagement of UAE women to achieve further successes.”
Groom and Two Brides
Director: Elie Samaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Tips on buying property during a pandemic
Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.
While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.
While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.
Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.
Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.
Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.
Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.
Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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
