"They come for holiday and they pick up a fur coat": A Russian tourist tries on a mink at Dolce Moda.
"They come for holiday and they pick up a fur coat": A Russian tourist tries on a mink at Dolce Moda.

A fur deal



Bargain-seeking Russian tourists support a fur district in Dubai. Maya Khourchid checks out the thick skins.
On a recent sweltering afternoon, most of Dubai was experiencing that pre-sunset slump in energy that hits the city every day during Ramadan. Dolce Moda, a fur coat store on the second floor of Deira Tower, seemed cheerfully exempt. The sound system pumped out catchy pop tunes, and a group of four middle-aged women with the demeanour of teenage girls excitedly tried on one thick mink coat after another. Eagerly searching for the perfect fit and fashion, they quickly cast off rejected coats keeping their four blonde sales assistants rushing to bring them new candidates: long, short, black, white, brown, with sequins, without.

"It's not that strange," said Dimitris Psimas, the store's 28-year-old owner, observing the scene. "This is one of the reasons they come here. They come for holiday and they pick up a fur coat." Dubai has long been a popular destination for Russian tourists, partially because of its warm weather, but also for more practical reasons. "Russians come here because it's very easy," explains Stelios Tsiolakis, the owner of President Furs, in the nearby Rivera Hotel. It's less hassle, visa-wise, than going to Europe. Flights are shorter and cheaper, and during the summer, hotel deals abound.

Then there's the shopping. Russians used to come mainly for gold and electronics, which are still cheaper in the UAE than in the former USSR. Now they also come for fur; thanks to relaxed tax rules, fur coats are about five per cent cheaper in the UAE than they are in Russia. Given that the average mink coat costs upwards of $2,000 (Dh7,345), this often translates into hundreds of dollars of savings.

Before the recent development boom, the Deira district was the centre of Dubai. When fur coat retailers arrived, they clustered around al Nasser square. Ten years ago, there were 18 fur coat stores there, give or take. Today, there are around 140. Concurrently, the area has acquired a bit of a Slavic accent. Local landmarks include the Moscow Hotel, Red Square Cafe and Bolshoi Restaurant. Signs guiding buyers to fur stores are printed in Cyrillic, as are most of the store managers' business cards. Almost all of the sales assistants are Russian. According to one sales assistant, you cannot be considered for the job unless you are fluent in the language.

The stores' managers, however, are mostly Greek, and mostly from the northern city of Kastoria, which has relied on the fur trade for centuries. Most of the coats sold in al Nasser square are made of fur imported from Scandinavian countries and finished into coats in Kastoria. Psimas is from Kastoria, where his father manages a fur-finishing factory, and another three Kastorians run shops on the same floor of Deira Tower as Dolce Moda. There are six or seven more a few buildings down the road, including Tsiolakis - Psimas estimates that only five per cent of Dubai's fur stores are owned by non-Kastorians.

"Right now, this is the only market for fur coats," says Psimas, who moved here four years ago after studying business management in England. "Europe is dead, America is dead. The Russian market is the only one existing right now." According to Psimas, Russians buy 300 coats per month at Dolce Moda alone, but concedes that this is an average: sales are seasonal, correlated not with the consistently fur-unfriendly Dubai weather, but rather with Russian holidays.

"Right now, because the Russians have some kind of holiday, it's the best month. And also the first days of January, because it's their Easter. They come in and buy one for themselves, one for their grandmothers, one for their daughter." Though significantly cheaper than they would be at home, Deira's furs are hardly cheap for most of the district's Russian customers. Much has been written about the extravagances of the embryonic Russian upper class, but the women trying on coats at al Nasser square are more likely to be members of the middle class looking for the pivotal Russian status symbol at a bargain basement price.

"A lot of people have saved up their whole lives for this coat," Psimas tells me. "It happens a lot that a coat is $2,000 and all they have is $1,800, and they cry and scream, 'I've saved up my whole life for this coat and you can't lower it?' "Russians, they love fur."

PROFILE OF CURE.FIT

Started: July 2016

Founders: Mukesh Bansal and Ankit Nagori

Based: Bangalore, India

Sector: Health & wellness

Size: 500 employees

Investment: $250 million

Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)

England v South Africa schedule:

  • First Test: At Lord's, England won by 219 runs
  • Second Test: July 14-18, Trent Bridge, Nottingham, 2pm
  • Third Test: The Oval, London, July 27-31, 2pm
  • Fourth Test: Old Trafford, Manchester, August 4-8
The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

UAE currency: the story behind the money in your pockets
The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Company%20profile
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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
Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
if you go

The flights

Flydubai flies to Podgorica or nearby Tivat via Sarajevo from Dh2,155 return including taxes. Turkish Airlines flies from Abu Dhabi and Dubai to Podgorica via Istanbul; alternatively, fly with Flydubai from Dubai to Belgrade and take a short flight with Montenegro Air to Podgorica. Etihad flies from Abu Dhabi to Podgorica via Belgrade. Flights cost from about Dh3,000 return including taxes. There are buses from Podgorica to Plav. 

The tour

While you can apply for a permit for the route yourself, it’s best to travel with an agency that will arrange it for you. These include Zbulo in Albania (www.zbulo.org) or Zalaz in Montenegro (www.zalaz.me).

 

COMPANY%20PROFILE%20
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Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Brief scores

Barcelona 2

Pique 36', Alena 87'

Villarreal 0