My Own Home: Couple’s first Dubai property surges in value by Dh1 million in a year


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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

Imran Ahmed, who works for British research firm YouGov in the UAE, and his wife Neelofar Rafique-Ahmed, a former legal business manager turned freelance children’s illustrator, moved to Dubai from London six years ago after visiting the city on their honeymoon.

Now, they can’t see themselves going anywhere else any time soon.

The couple bought their first property for Dh2.35 million ($626,000) last year after renting in The Greens for five years, and they couldn’t be happier with their decision to buy in Dubai South.

They only moved in last October, but already they’ve been receiving offers that are nearly Dh1 million over their buying price.

The National takes a look around.

Please tell me about your home

Imran Ahmed: We bought a three-bedroom corner villa in The Pulse Villas, in Dubai South.

As it’s a corner unit, it affords a bit more land in the back, which is one of the main reasons why I bought it – we wanted some outdoor space.

It’s also got three en suite bedrooms and a nice little mezzanine upstairs.

Neelofar Rafique-Ahmed: It has a closed-off kitchen, which was one of our criteria.

We have a nice living space where we can have a large dining table and a larger sofa, so we can have lots of gatherings, and also a lovely garden.

Having a good-sized back garden was an attraction for Imran Ahmed and Neelofar Rafique-Ahmed. Pawan Singh / The National
Having a good-sized back garden was an attraction for Imran Ahmed and Neelofar Rafique-Ahmed. Pawan Singh / The National

Why did you decide to buy?

Neelofar: We moved here in 2018 and we decided to go for a two-bed apartment in The Greens, and we really enjoyed it there. But I think when it came to covid time, we just lacked that open space.

We had a balcony, which was lovely, but that was the precursor for us going and trying to get a new property, in particular a villa.

Imran: We thought, we’ve been here five years and we're really enjoying our time here, we can see ourselves staying here for a bit longer as well. So, why not invest?

In terms of finances, it just made a lot more sense to own than paying someone else's mortgage.

How much did you buy the property for?

Imran: We got it for Dh2.35 million. In terms of investments, it has been fantastic.

Obviously, since they announced [the major expansion of] Al Maktoum International Airport, the area has seen massive appreciation.

We’ve already had offers in excess of Dh3.2 million, so it’s been great.

Why did you choose Dubai South?

Imran: We knew that, longer term, it was the plan to build up this area and that the UAE generally delivers on their promises, so we were confident they were going to build this airport, and it was going to become the hub.

It's going to be very convenient when it's finally built for us as well, because we like travelling, so we're looking forward to an easier commute to the airport.

Dubai South received a boost from the announcement of the expansion of Al Maktoum International Airport, scheduled to be complete by 2030. Pawan Singh / The National
Dubai South received a boost from the announcement of the expansion of Al Maktoum International Airport, scheduled to be complete by 2030. Pawan Singh / The National

It is a bit further out from the hustle and bustle … but I think we felt like a bit of a change. We wanted somewhere a bit quieter and they built a really nice little community here.

It’s around 350 villas only at the moment, but everyone has moved in. They've come from all sort of backgrounds. We've really got to know our neighbours.

Neelofar: It’s just very, very pleasant. It's nice to settle down somewhere where you have a variety of people.

We've also got good shops here, we're getting some transport links here soon.

Imran: For me, the commute and connectivity is great. We’ve got the E 611 and Expo Road as well.

My commute to work is about 20 to 25 minutes and it’s all against traffic.

What facilities do you have access to?

Imran: We’ve got a large LuLu Hypermarket really close by.

They've also got communal football, basketball, tennis and padel courts that you can very easily access within walking distance.

There’s a skate park and then we’ve also got our own community centre, which has got a swimming pool and a really nice gym.

What renovations have you done?

Imran: We built a barbecue and outdoor kitchen right in front of the sliding doors from the living area, so we've got sort of an indoor-outdoor living situation.

We actually just finished our utility room.

Neelofar: We’ve put in a bookshelf upstairs on the landing as we had this little nook in the corner. You can go upstairs and it’s so quiet, and you can have a read in the reading corner.

The couple have put in a reading nook on their landing upstairs. Pawan Singh / The National
The couple have put in a reading nook on their landing upstairs. Pawan Singh / The National

Imran: We added some workspace in the kitchen, some extra units and a bit more storage. We’ve spent probably another Dh100,000.

Now we just want to do some further decorating. We’ve still got some paintings we want to put up and a few pieces on order that we’re waiting to arrive.

What was your experience with your contractors like?

Imran: We’ve used a mixture of contractors and the most recent one was an absolutely brilliant experience. They came in, did the work within a week, most of it was done off site. They brought it in and installed everything in one day and cleaned up after themselves.

We’ve been very fortunate in terms of the recommendations that we’ve had.

Neelofar: Because we were first-time buyers, it can be hard to know where to go and what type of help we need. But it’s worked out for the best and we’ve made some good friendships with people and the workers and we’ll continue with them.

Imran: The other thing is we feel comfortable spending on the house. When we were renting, we hardly touched the place we lived in for five years. Now we’re spending on it and really making it our own.

How would you describe your interior style?

Neelofar: Stylish, but minimalist. The palette for the colours is very minimal.

We've gone for a neutral grey, with marble on the wall, which is grey and white. There are splashes of brown in places. We just wanted it to be fresh.

Imran: It’s a bit more modern, we’re not really into all the old stuff.

Neelofar: It just matches the style of the house, so something simple and basic.

How long do you see yourself living in this house?

Imran: I guess as long as we're in Dubai. Unless something big happens, I can't see us wanting to move any time soon.

If a good offer comes in that we can’t refuse, then we could potentially get moving, but for the moment we’re really enjoying it.

Neelofar: With so many developments in the area coming up, it’s nice to just stay.

Imran: And I think it’s only going to get better. They’re building a mall here soon. There’s a whole bunch of stuff that’s going to come here that’s going to make it even more liveable.

The bio

Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district

Was a middle distance state athletics champion in school

Enjoys driving to Fujairah and Ras Al Khaimah with family

His dream is to continue working as a social worker and help people

Has seven diaries in which he has jotted down notes about his work and money he earned

Keeps the diaries in his car to remember his journey in the Emirates

BRIEF SCORES

England 228-7, 50 overs
N Sciver 51; J Goswami 3-23

India 219, 48.4 overs
P Raut 86, H Kaur 51; A Shrubsole 6-46

England won by nine runs

Quick%20facts
%3Cul%3E%0A%3Cli%3EStorstockholms%20Lokaltrafik%20(SL)%20offers%20free%20guided%20tours%20of%20art%20in%20the%20metro%20and%20at%20the%20stations%3C%2Fli%3E%0A%3Cli%3EThe%20tours%20are%20free%20of%20charge%3B%20all%20you%20need%20is%20a%20valid%20SL%20ticket%2C%20for%20which%20a%20single%20journey%20(valid%20for%2075%20minutes)%20costs%2039%20Swedish%20krone%20(%243.75)%3C%2Fli%3E%0A%3Cli%3ETravel%20cards%20for%20unlimited%20journeys%20are%20priced%20at%20165%20Swedish%20krone%20for%2024%20hours%3C%2Fli%3E%0A%3Cli%3EAvoid%20rush%20hour%20%E2%80%93%20between%209.30%20am%20and%204.30%20pm%20%E2%80%93%20to%20explore%20the%20artwork%20at%20leisure%3C%2Fli%3E%0A%3C%2Ful%3E%0A
EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

Jurassic%20Park
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ESteven%20Spielberg%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Sam%20Neill%2C%20Jeff%20Goldblum%20and%20Richard%20Attenborough%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

UAE currency: the story behind the money in your pockets
Central%20Bank's%20push%20for%20a%20robust%20financial%20infrastructure
%3Cul%3E%0A%3Cli%3ECBDC%20real-value%20pilot%20held%20with%20three%20partner%20institutions%26nbsp%3B%3C%2Fli%3E%0A%3Cli%3EPreparing%20buy%20now%2C%20pay%20later%20regulations%26nbsp%3B%3C%2Fli%3E%0A%3Cli%3EPreparing%20for%20the%202023%20launch%20of%20the%20domestic%20card%20initiative%26nbsp%3B%3C%2Fli%3E%0A%3Cli%3EPhase%20one%20of%20the%20Financial%20Infrastructure%20Transformation%20(FiT)%20completed%3C%2Fli%3E%0A%3C%2Ful%3E%0A
Results

5pm: Maiden (PA) Dh80,000 (Turf) 1,000mm, Winners: Mumayaza, Fabrice Veron (jockey), Eric Lemartinel (trainer)

5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m, Winners: Sharkh, Pat Cosgrave, Helal Al Alawi

6pm: The President’s Cup Prep - Conditions (PA) Dh100,000 (T) 2,200m, Winner: Somoud, Richard Mullen, Jean de Roualle

6.30pm: Handicap (PA) Dh90,000 (T) 1,600m, Winner: Harrab, Ryan Curatolo, Jean de Roualle

7pm: Abu Dhabi Equestrian Gold Cup - Prestige (PA) Dh125,000 (T) 1,600m, Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7.30pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m, Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel

8pm: Maiden (TB) Dh80,000 (T) 1,400m, Winner: Nibras Passion, Bernardo Pinheiro, Ismail Mohammed

At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

The five pillars of Islam
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association

SPECS

Mini John Cooper Works Clubman and Mini John Cooper Works Countryman

Engine: two-litre 4-cylinder turbo

Transmission: nine-speed automatic

Power: 306hp

Torque: 450Nm

Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500

In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press 

The team

Photographer: Mateusz Stefanowski at Art Factory 
Videographer: Jear Valasquez 
Fashion director: Sarah Maisey
Make-up: Gulum Erzincan at Art Factory 
Model: Randa at Art Factory Videographer’s assistant: Zanong Magat 
Photographer’s assistant: Sophia Shlykova 
With thanks to Jubail Mangrove Park, Jubail Island, Abu Dhabi 

 
While you're here
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Racecard
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UAE currency: the story behind the money in your pockets
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
COMPANY%20PROFILE
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Key developments

All times UTC 4

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

UAE currency: the story behind the money in your pockets
Updated: September 04, 2024, 3:00 AM`