Inside Dubai's Emirates Hills, the playground for super rich, celebs and world billionaires like Lakshmi Mittal

Gulf News

Dubai: “You can’t replicate what you get here—privacy, greenery, ultra-luxury, and scale,” says Dubai-based businessman Mahesh Tourani, seated beneath a banyan tree inside his 50,000-square-foot Emirates Hills mansion.

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00:00المرات السلسة هي مختلفة الحياة في الدبا.

00:05لماذا تتركها؟

00:06لن تتركها، لن يجب أن تكون مختلفة.

00:10لن تتركها في المرات السلسة؟

00:13أعلم أن يحدث أن أجلتك بالكامل.

00:15ويجب أن أصبر أمامك وانتبه في كامل قبل.

00:20ومن ثم قام بسرطة المرات السلسة بشكل wirد.

00:24أبداً، اما أنه قام بسرطة المرات السلسة بشكل شخص.

00:27ومن ثم قام بصدق الأمر.

00:28وكان للتعب في مرحلة ويقول لأنت مخططة.

00:31وأنت مجدداً لأنني أتفادر بشكل ويأت من لا تريد أن يتجب.

00:36وبعض التعب في الوقت تدريد أنني أتفادر.

00:40ومن ثم الأن ، لن تقتل أنني أتفادر.

00:44ولكن لأنت تعرف بذلك.

00:46لأنها تكون المعرفة.

00:49لأنها محاولة مفتن من التعبير في 2008

00:55لن تكون الإمار أسفلات حيث شبكك أسفلات تجعب علم أماما

01:02ميقضان مع الأشياء

01:05إنه ترى جدوبي الحيلي

01:07يوجد السبب عن الحيلي

01:09أممان أجلح القطرة

01:11ولم تكن منطقين هنا

01:13هذه الأشياء الأamyان

01:14لدينا جديدة

01:17إمار

01:19إنه تماما

01:20لا تقلع لحظة

01:21إنه مفرد جداً.

01:24إذا كنت يكون من الثانية من المجتمع في ويقال في لازن تشتريك.

01:28إنه تصبح مفرد.

01:29إن لم يكن مفرد جداً.

01:31إنه أعتقد أنه سيكون مفرد جداً من المعرفة

01:35عندما يظهرون وضباية الشراء السابق.

01:38لذا سيكون مفرد الى مفرد.

01:41فنين تشتريكي الأشياء للمرضة للشميع.

01:46يتحدثون عن تشتريكي.

01:4940 odd percent, 45 percent of Emirates is Indian

01:53including our wonderful Lakshmi Mittal

01:55who has just come in now.

01:57Why? Why not palm?

02:00Have you thought about it?

02:02I mean you could do a beautiful house.

02:04Hardly anyone is there. I'll tell you why.

02:07Because of the Indian worry about getting dark in the sun on the beach.

02:13We are not beach people at all.

02:17So you may have the most stunning beach in the world.

02:20You have the most pragmatic solution to why do Indians love Emirates?

02:26I like to think.

02:27It's because we don't want to get dark.

02:28Yes.

02:29So because…

02:29I think isn't that a bit too simplistic?

02:31No. So what happens is we are not very beach people.

02:36I don't know any out of 100, I don't know one guy who says,

02:40Hey, I'm going to chill on the beach.

02:43Not one. I'm not saying they're not there.

02:45Yeah.

02:45I'm not saying they're not there.

02:46But in your circle.

02:47What does it mean?

02:48Out of 100, not one.

02:50I don't know.

02:51Out of 100 Europeans, one will say, I'm not going to chill on the beach.

02:56Got it. I got it.

02:57Yes.

02:57So what does it say?

02:58It's also a cultural construct.

03:00So for me, what do I want?

03:00Yeah.

03:01I want greenery.

03:03I want flowers.

03:05You know, we long for that.

03:07Because we come from Bombay and all, we see no greenery.

03:11We see a lot of sea.

03:12I see a lot of sea all the time.

03:13I was living on a sea fritz.

03:15Yeah.

03:15You know, and I want, I want kind of lakes.

03:19And where else do I go?

03:20I mean, I wouldn't change my plot for Jumeirah Bay, even if they gave me at half the price.

03:26Okay.

03:27I am a hardcore greenery, lakes, bridges, lighting kind of person.

03:32Do you see the sea?

03:33Yes.

03:33That's it.

03:34It's flat.

03:34It's boring.

03:35Okay.

03:36Give me a break.

03:36I get why.

03:38He has said it very simply, why Emirates Hills is so popular.

03:41Can you also, I mean, I hate to speak numbers, but how much would such a mansion for now?

03:46You must be getting offers.

03:49All the time.

03:49People throw something.

03:51Exhibitant amounts.

03:53Yes.

03:53So, if you're talking about commercial aspects, I'm pretty au fait with it.

04:00Generally, a house fully finished from zero to scratch.

04:03Yes.

04:04A high quality house costs anything between 2000 to 2500 a square foot.

04:09Okay.

04:10You know, that's the built-up.

04:11Okay.

04:11So, no.

04:11So, that's really me.

04:13You should not go by that because you have to go by the land.

04:16The real value is in the land.

04:18So, the house value in Emirates Hills is there as long as it is below five, seven years old.

04:23Okay.

04:24So, if it goes about 10 years, then the house value is zero.

04:27Houses are selling mostly at the land prices.

04:30Okay.

04:30And land is one.

04:31So, how much would this, like…

04:32A land here would be…

04:34This particular land is probably the number one in Emirates Hills.

04:37Yes.

04:37It's probably the best plot here.

04:39I would say about 4500 would be the going price.

04:42Right.

04:43Even for…

04:43I mean, it's not available.

04:44So, if I…

04:45That's what I want to say.

04:46With Emirates Hills, the thing is scarcity.

04:49You may want it, but you can't get it.

04:50That's the whole point of it.

04:51And there's the other thing.

04:53Very ordinarily done houses, even if they have done five years,

04:57they will not have any value when you sell it.

05:00But any good house, which you may like, say for instance, if you really like this one,

05:04I think a lot of people may like this one. It has full value.

05:09Oh, I love it. I love it.

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