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New Atlantis project on Dubai’s Palm seals a Dh64m penthouse deal

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Advancement includes a Dh180m penthouse, which is the costliest such listing in Dubai now

There is a Dh180 million apartment to be sold there – but Atlantis The Royal resort and Residences on the Palm is as yet doing very well. A penthouse there has been purchased for Dh64 million, making for one of the most costly property deals in Dubai this year.

The 8,300 square feet unit was obtained by an European public, further reaffirming Dubai’s certifications as a decision spot for well off overseas investors inspired by property resources. The four-bed penthouse is the second most costly property in the development after the highest level five-bed penthouse trio, which is recorded for Dh180 million.

It is a genuine illustration of how HNWI (high networth people) actually consider Dubai the main objective for property venture, said Nikita Kuznetsov, Partner at Metropolitan Group and CEO of Metropolitan Premium Properties, which expedited it. The arrangement was finished up in only four days further featuring the trust in Dubais economy and housing market.

We have seen solid interest for extravagance properties particularly from global purchasers principally from the CIS, the UK and different pieces of Europe including France, Germany and Austria.

Among Metropolitans greatest exchanges were two penthouses at the W Residence, Palm Jumeirah, which offered for Dh102 million to a similar purchaser, notwithstanding a Royal Atlantis Garden Villa for Dh44 million, and one in IL Primo Downtown for Dh42 million to an European purchaser.

Destination Atlantis

Assembled and worked by Kerzner, Atlantis The Royal Dubai on the sickle of the Palm highlights 231 condos, 693 lodgings and 102 suites.

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UAE public holiday announced: 3-day weekend coming up on August 28

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Planning your next long weekend? The UAE has confirmed Friday, August 28, as a public holiday for employees in both the public and private sectors.

The holiday commemorates Prophet Muhammad’s (PBUH) birthday, an occasion included among the UAE’s official public holidays. As the date follows the Islamic calendar, the timing changes from year to year.

A three-day break for many residents

With the holiday falling on a Friday, employees who follow a Monday-to-Friday working week can enjoy three days off:

  • Friday, August 28: Public holiday
  • Saturday, August 29: Weekend
  • Sunday, August 30: Weekend

That means residents can make the most of the break with a short trip, a staycation or a relaxed weekend at home.

Another UAE holiday is coming

The next major public holiday on the UAE calendar will be Eid Al Etihad, with celebrations and the official holiday scheduled for December 2 and 3.

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What the UAE’s new vape excise price means for consumers and retailers

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The UAE Ministry of Finance has introduced a new rule that sets a minimum excise price for liquids used in electronic smoking devices.

Beginning September 1, vaping liquids will be subject to a minimum excise price of AED 1 per millilitre.

The ministry confirmed that the existing minimum excise prices for cigarettes, water pipe tobacco (shisha), and other tobacco products will remain unchanged.

According to the ministry, the decision aims to improve tax compliance, respond to developments in the tobacco and vaping industry, and create a more consistent pricing framework across tobacco and electronic smoking products.

The UAE will also continue applying its 100% excise tax on all tobacco products covered under the country’s excise tax regulations.

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Indian Consulate in Dubai explains new passport process after service provider switch

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If you’re planning to renew your Indian passport in the UAE, you may have noticed longer waiting times over the past few weeks. That’s because passport and consular services have moved to a new outsourcing partner, and the Indian Consulate in Dubai says it’s now working to clear the backlog as quickly as possible.

The new Indian Consular Application Centres (ICACs), operated by Alhind Tours and Travels, have replaced the previous service provider and are now handling passport renewals and other consular services across the UAE.

Why are there delays?

According to the Consulate General of India in Dubai, the transition between service providers created a temporary backlog, leading to heavy demand at ICAC centres across the country.

Newly appointed Consul General Dr E. Vishnu Vardhan Reddy said some initial ‘teething problems’ were expected but added that clearing pending applications, particularly Tatkal (fast-track) requests, is now a top priority.

The Consulate and the Indian Embassy in Abu Dhabi together provide consular services to nearly four million Indians living in the UAE.

Who can walk in without an appointment?

To help those with urgent travel needs, the new centres are accepting walk-in applications for genuine emergency cases.

These include:

  • Tatkal passport applications with proof of urgent travel
  • Newborn passport applications
  • Senior citizens
  • Emergency Certificate applications

Applicants must carry documents supporting their request, such as a confirmed flight ticket for travel within the next two or three days.

Only official appointments permitted

The Consulate has also warned applicants not to use unofficial agents offering paid appointment bookings.

Officials said appointments should only be made through the official portal, adding that Alhind’s Dh19 service fee already includes services such as form filling and photography. Applicants should not be paying additional charges for these services.

The Consulate says it is working closely with the new operator to reduce waiting times and improve the overall experience. More digital services are also being introduced to simplify the application process and reduce the need for intermediaries.

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