Property projects are increasingly a race towards the sky as developers vie for the tallest tower. Or, if you're Elon Musk, the vision is for homes on Mars.
But what if another direction was sought in the quest for architectural splendour, safety and comfort — that being downwards.
Oppidum, a developer of contemporary fortified underground residences, is looking to bring its somewhat alternative style of living to the UAE and other parts of the world.
Its residences are designed for short and long-term contingency plans, whether for private business or leisure.
The UAE is widely regarded as one of the safest places in the world. In Gallup’s Global Law and Order 2021 report, the Emirates scored 95 per cent when it came to feeling safe about walking alone at night. In the highest law and order index, it came second behind Norway
Oppidum told The National that its clients use it despite being in safe and secure places such as the UAE for various reasons.
The developer said: "We don’t discuss individual clients, but in general terms we have had interest from people who wish to protect significant collections of rare and valuable art or automobiles, likewise some clients require a highly secure space to conduct sensitive business meetings. It may also be a luxurious extension of an existing property that does not intrude on their grounds at surface level.
"Many see an Oppidum as a beautifully appointed and luxurious addition to their existing home and a place where they can enjoy their collections and time with their families in the knowledge that these possessions and the people they love are afforded the very highest level of protection should circumstances dictate."
An Oppidum is built for defence, like a bunker, and is protected by significant structural reinforcement and rigorously controlled access.
The developer says it takes military-grade protection equipment and environmental systems and integrates them invisibly into a luxurious family home.
It has self-contained power and water supplies but leaves almost no visible trace of its presence on the surface. It is designed and delivered to the client’s precise specification.
Projects start at $10 million and it said there is no upper limit.
Its most extensive design, called L’Heritage, is suitable for installation at larger properties and is about $100m, depending on location, design, personalisation and interior finish.
It offers a total of 1,000 square metres of accommodation, with public and private areas, an indoor garden, gallery and technical spaces.
Oppidum says it has had "significant interest" from the UAE, and insists its teams are "very well-equipped to deliver supremely luxurious and ultra-secure additions to client’s existing homes across the UAE".
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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