Ruler of Dubai and Crown Prince of Abu Dhabi meet to discuss UAE 'megaprojects'


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Sheikh Mohammed bin Rashid and Sheikh Mohamed bin Zayed met for talks in Dubai on Monday.

Sheikh Mohammed, Vice President and Ruler of Dubai, and Sheikh Mohamed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, frequently discuss the nation's direction and priorities.

"I met my brother Mohammed bin Rashid in Dubai," Sheikh Mohamed said on Twitter.

"In our renewed meetings, we are always looking to improve our country and the happiness of our people."

Sheikh Mohammed said they met in Al Marmoom, a nature reserve in Al Qudra desert.

Dubai Government Media Office said discussions concerned the "UAE's development journey and the nation's megaprojects".

Government priorities in recent months have included policies to plot out the next 50 years, as the country marks its Golden Jubilee, and post-pandemic economic plans.

The UAE has long been renowned across the globe for its megaprojects.

Ain Dubai, the world's biggest and tallest observation wheel, opened in 2021, and has transformed Dubai's skyline, while Museum of the Future, will alter it once again when it opens om Tuesday.

Other megaprojects transforming the UAE include Etihad Rail. Once complete, the railway line will carry freight and passengers across the country.

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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.

Water waste

In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.

Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.

A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.

The Emirates is the world’s third largest per capita water consumer after the US and Canada.

Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

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Use it: In your morning coffee, to add flavour to homemade ice cream and milk-heavy desserts, smoothies, spiced camel-milk hot chocolate.
Goes well with: chocolate and caramel, saffron, cardamom and cloves. Also works well with honey and dates.

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Updated: June 06, 2023, 11:36 AM`