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Showing posts from January, 2019

Property for sale in Abu Dhabi

Property for sale in Abu Dhabi Last week I was sat in the bizarre, treehouse-like Natural restaurant in Phuket, the largest island off the coast of Thailand, having lunch with two millionaire retirees from the UAE media sector. Both gentlemen had enjoyed successful careers over a couple of decades. One was the senior sales executive in a well-known publishing house; the other ran a niche PR business, largely as a one-man show. Neither man was an obvious candidate to accumulate a million dollar pot by their retirement date. Fast cars, messing about on boats, and more than a few brunches had taken up quite a slice of their spare cash, though both were sensible enough guys and always saved a little bit for a rainy day. So how did they do it? What was the magic formula? It was quite simple really. Each of them decided to buy a villa in The Meadows in the early days of Dubai freehold real estate, instead of continuing to pay rent, and subsequently chose to live on the rental incom...