The Emirate of Dubai in the U.A.E. is one of the great success stories internationally in the process of economic development. Traditionally the trading hub of the Region, Dubai is now extending its success into tourism and knowledge based industries.
Dubai has the highest population of any of the Emirates in the federation after Abu Dhabi.
Dubai is unlike other UAE members with respect to the important fact that revenues from oil account for only 6% of its GDP. Dubai is fully focused on international investment as a pillar of its economy.
His Highness General Sheikh Mohammed Bin Rashid Al Maktoum Crown Prince of Dubai's vision is to provide the best the world has to offer. In the pursuit of excellence the Government has always looked upon the private sector as full partners. With no personal corporate or sales taxes, foreign direct investment has expanded strongly and mega projects have become synonymous with Dubai's development. Within the residential property sector it has been Emaar's master-planned communities that have been a major contributor to Dubai's economic development.
Dubai's strategic location is also a key element in its success. The heart of one of the worlds richest regions, Dubai is located midway between the Far East and Europe. Over 120 shipping lines and 100 airlines connect to more than 140 global destinations. The award winning Emirates airlines is ever expanding into new destinations.
Multi-national companies increasingly see Dubai as the obvious choice for establishing operations in the Region. Proximity to the Indian subcontinent also not only gives access to a market of over 1 billion people but the ability to benefit from an increasingly talented and competitive labor supply.
The pursuit of excellence has resulted in one of the best infrastructure facilities in the world. State of the art telecommunications, reliable power, modern schools and healthcare are all attracting an increasingly multi-cultural and highly trained workforce. The Government projects a doubling of population by the year 2010. Luxurious living, the finest cuisine and world class shopping are now the hallmarks of Dubai enjoyed by residents and visitors alike.
Early in 2001, the project "Palm Island" was launched, the largest man made island in history. Two palm tree shaped islands divided into 17 fronds surrounded by a crescent of man made reef.
Sheikh Mohammed launched the $10 billion Emirates Airline Project planning to buy 60 wide-body aircraft to secure the infrastructure needed to meet the tourism demands.
Dubai is unlike any other international property investment market that ever existed. We are ready to assist your request about any property listed on this website further.
The Emirate of Dubai in the U.A.E. is one of the great success stories internationally in the process of economic development. Traditionally the trading hub of the Region, Dubai is now extending its success into tourism and knowledge based industries. )
