Not long ago, that much money was considered a princely sum. But in today's global property market, it does not go as far as it used to. Kevin Brass takes a look at what $1m buys around the world
Location, location, location:
Industry Insights What's hot and what's not in the world of property. Learn More
UAE // Dubai
Property: Three-bedroom villa
Dubai’s prices in some areas are down more than 50 per cent from 2008, but that was only after a steep run-up in the boom years. And these days, villas such as this one in the Meadows are popular. The fully furnished house is 3,089 square feet and includes a family room and a separate maid’s room, as well a private, landscaped garden and access to community facilities. Its proximity to Sheikh Zayed Road is a bonus.
Price: Dh3.7m (US$1m)
Switzerland // Nendaz
Property: Three-bedroom apartment
A picturesque chateau nestled in the ski slopes might be out of reach for $1 million these days. But this five-year-old apartment is available in Nendazin the Four Valley area about two hours from Geneva. The apartment offers Alpine views from its four balconies and is only a short walk to the main ski lift. The “neutral” interior finish also makes it ideal for the rental market, the listing says.
Price: 949,000 Swiss francs (Dh3.8 million)
England // London
Property: One-bedroom apartment
London is the benchmark for any international property comparison. It is one of the most expensive markets in the world and annually ranks as the most popular destination for international buyers. Prices for central London properties have continued to rise, even during the recent financial crisis. This intimate 570-square-foot apartment is in Queen’s Gate Gardens in South Kensington. Not many amenities, but it does include a “reception room” and “fitted wardrobes”, according to the listing.
Price: £600,000 (Dh3.5 million)
US // Austin, Texas
Property: Four-bedroom house
Austin is one market that largely avoided the property collapse, primarily because it did not have the big price run-up that occurred in other cities. Known as the live-music capital of the world, Austin is considered one of the hippest cities in the US. This stylish, 4,000-square-foot, three-storey house is set in a leafy neighbourhood in West Austin. It includes a game room, offices and a heated party pool with a wading area, fountains and waterfalls.
Price: $1.095m (Dh3.5 million)
Turkey // Kas Peninsula
Property: Four-bedroom villa
Turkey is one of the hottest international markets in the region, attracting European and Middle Eastern buyers with relatively low prices and quiet seaside locales. This villa, advertised by the UK company Spot Blue, sits on a 1,500-square-metre plot on a tree-covered hillside overlooking the Mediterranean. All the bedrooms have terraces with sea views. The property includes a swimming pool and a separate apartment for staff or visitors.
Price: £700,000 (Dh4.1 million)
Scotland // Auchencairn, Dumfries and Galloway
Property: Castle
Amid the rugged beauty of Scotland, a little bit more than a $1 million can still buy a castle. Maybe not one of the grand, ancient edifices, but this renovated tower on Balcary Bay offers the castle experience, including a 3,000-square-foot home on 7.7 hectares. The property includes a swimming pool, gardens and views across the bay to Hestan Island. The house features four bedrooms, a drawing room and three grand reception areas, so that a buyer who isn’t royalty can at least entertain like a king or queen.
Price: £850,000 (Dh4.9 million)
Spain // Mallorca
Property: two-bedroom apartment
Spain’s second-home market crashed in spectacular fashion in 2008, with prices cut by half in some areas and thousands of golf course villas left empty. But not on the island paradise of Majorca. This cliff-top apartment with a spectacular sea view is a scant 914 square feet, part of a building with 12 units. All the appliances are modern, and there is the now-requisite under-floor heating for those chilly nights, as well as a small communal pool and garden for residents to enjoy the Spanish spring.
Price: €750,000 (Dh3.7 million)
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HAEMOGLOBIN DISORDERS EXPLAINED
Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.
Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.
The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.
The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.
A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.
More coverage from the Future Forum
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Company%20Profile
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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.
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MATCH INFO
Rugby World Cup (all times UAE)
Final: England v South Africa, Saturday, 1pm
The biog
From: Upper Egypt
Age: 78
Family: a daughter in Egypt; a son in Dubai and his wife, Nabila
Favourite Abu Dhabi activity: walking near to Emirates Palace
Favourite building in Abu Dhabi: Emirates Palace
Forced%20Deportations
%3Cp%3EWhile%20the%20Lebanese%20government%20has%20deported%20a%20number%20of%20refugees%20back%20to%20Syria%20since%202011%2C%20the%20latest%20round%20is%20the%20first%20en-mass%20campaign%20of%20its%20kind%2C%20say%20the%20Access%20Center%20for%20Human%20Rights%2C%20a%20non-governmental%20organization%20which%20monitors%20the%20conditions%20of%20Syrian%20refugees%20in%20Lebanon.%3C%2Fp%3E%0A%3Cp%3E%E2%80%9CIn%20the%20past%2C%20the%20Lebanese%20General%20Security%20was%20responsible%20for%20the%20forced%20deportation%20operations%20of%20refugees%2C%20after%20forcing%20them%20to%20sign%20papers%20stating%20that%20they%20wished%20to%20return%20to%20Syria%20of%20their%20own%20free%20will.%20Now%2C%20the%20Lebanese%20army%2C%20specifically%20military%20intelligence%2C%20is%20responsible%20for%20the%20security%20operation%2C%E2%80%9D%20said%20Mohammad%20Hasan%2C%20head%20of%20ACHR.%3Cbr%3EIn%20just%20the%20first%20four%20months%20of%202023%20the%20number%20of%20forced%20deportations%20is%20nearly%20double%20that%20of%20the%20entirety%20of%202022.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3ESince%20the%20beginning%20of%202023%2C%20ACHR%20has%20reported%20407%20forced%20deportations%20%E2%80%93%20200%20of%20which%20occurred%20in%20April%20alone.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EIn%20comparison%2C%20just%20154%20people%20were%20forcfully%20deported%20in%202022.%3C%2Fp%3E%0A
Violence%20
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Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
Second ODI
England 322-7 (50 ovs)
India 236 (50 ovs)
England win by 86 runs
Next match: Tuesday, July 17, Headingley
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The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
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Essentials
The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.
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Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
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Results
5.30pm: Maiden (TB) Dh82,500 (Dirt) 1,600m, Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)
6.05pm: Maiden (TB) Dh82,500 (Turf) 1,400m, Winner: Mayehaab, Adrie de Vries, Fawzi Nass
6.40pm: Handicap (TB) Dh85,000 (D) 1,600m, Winner: Monoski, Mickael Barzalona, Salem bin Ghadayer
7.15pm: Handicap (TB) Dh102,500 (T) 1,800m, Winner: Eastern World, Royston Ffrench, Charlie Appleby
7.50pm: Handicap (TB) Dh92,500 (D) 1,200m, Winner: Madkal, Adrie de Vries, Fawzi Nass
8.25pm: Handicap (TB) Dh92,500 (T) 1,200m, Winner: Taneen, Dane O’Neill, Musabah Al Muhairi
Bio
Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind.
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.
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Oscars in the UAE
The 90th Academy Awards will be aired in the UAE from 3.30am on Monday, March 5 on OSN, with the ceremony starting at 5am
The specs
Engine: 6.2-litre supercharged V8
Power: 712hp at 6,100rpm
Torque: 881Nm at 4,800rpm
Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5