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ABOUT  DUBAI

A Healthy Economy Full of Opportunities

               

The city of Dubai is the second largest emirate in the United Arab Emirates. Its year-round sunshine, coupled with an unprecedented level of investment and a luxurious lifestyle, has not only turned it into a popular tourist destination, but also an essential commercial location. Dubai offers an unparalleled quality of life in a virtually crime-free, tolerant society; world-class hotels and entertainment; enviable sports and leisure facilities; and excellent value shopping - all of which combine to make living and working in Dubai a pleasure.

             

              INVESTMENT PROPERTY IN DUBAI
 
Dubai is the essence of a 21st century lifestyle - luxurious and family-oriented. Dubai is located midway between the Far East and Europe which is its major advantage.

Dubai is a booming real estate market. There are wide ranges of real estates to choose from, with unparalleled features implemented in each of them. The Dubai real estate varies from apartments, office and commercial space to signature villas, and has become a major attraction for the international market. Dubai real estate boasts amazing projects such as The Palm and The World - the world's largest artificial island complex, developed with villas, golf

       



  • Dubai - Pearl of the Gulf
    Voted as one of the World’s best holiday destinations and recognised as the gateway to the Gulf. Acknowledged as an emerging commercial hub and one of the most desirable places for living in Dubai.

  • The City
    Dubai is a rapidly growing, cosmopolitan city. Its laws are fair, its society stable and welcoming. The city is clean and safe. It is the commercial and leisure capital of the United Arab Emirates and beyond it, the Middle East. Dubai was the first to introduce foreign ownership of land in the region, and is home to some of the finest leisure facilities in the world. Quality of life is extremely high.


           

  • Climate
    Far from being the boiling caldron of popular imagination, weather for the majority of the year (October-June) is lovely. It rains only a couple of times a year, mainly in winter (average 13 centimetres a year). Temperatures range from a low of about 10 degrees Celsius to a high of 48 degrees Celsius.

  • Language
    English is spoken by the vast majority of people living and working in Dubai. All service staff – be they taxi drivers, waiters or hotel staff – speak English. Alongside Arabic, English is the language of commerce. Hindi, Urdu, Tagalog, Malayalang, Farsi, Pashtu and a host of other languages are widely spoken – reflecting Dubai’s extraordinarily rich culture.

             

  • Money
    The currency is the United Arab Emirate Dirham (AED or DHS). It has been fixed to the United States Dollar at a rate of 3.67 for many years to ensure currency stability. US Dollars are, however, widely accepted in hotels, shops, restaurants and taxis, as are many other currencies.

  • Visas
    Dubai has very simple visa regulations. Thirty-three European, North American and Asian nationalities are stamped in on arrival at the airport, at no charge. Other nationalities can arrange visas through hotels or UAE embassies and consulates world-wide.

        

  • Entertainment
    Bars, clubs and restaurants crowd Dubai’s streets and hotel foyers like nowhere else in the region. Alcohol is freely available in most quality outlets. All the authorities ask is that residents and visitors are respectful of the national religion, Islam. What this means is that displays of public drunkenness are quite rightly frowned on.

  • Freedom of worship
    Freedom of worship is allowed to all religions. Christian churches of many denominations have existed in Dubai for years.

  • Crime
    Dubai is internationally recognized as one of the top five safest cities in the world. Crimes against a person are extremely rare. Theft is similarly almost non-existent. You can expect lost goods to be returned before you ever reach a police station.  courses and holiday resorts. Homesdubai provides immediate access to the most exclusive freehold properties in Dubai.

       

     
     
     
    WHY INVEST IN DUBAI
     
    10 GOOD REASONS
    ... to buy property (Investment) in Dubai
     
    1
      Dubai has no capital gains tax,
    inheritance tax – or income tax.
    2
      Dubai sits on the serene Gulf coast and enjoys year-round sunshine.
    3
      Property prices have risen by more than 20% in the past 2 years, and capital growth on Dubai property is expected to be in excess of 15% per annum.
    4
      Property is comparatively cheap
    here compared to other major
    cities.
    5
      The purchaser of property in Dubai is entitled to a residence visa.
    6
      Dubai is a country with many taxfree high earners and 5 million
    visitors a year.
    7
      Dubai has a very low crime rate.
    8
      Dubai offers a cosmopolitan
    lifestyle with a multitude of
    entertainment options.
    9
      Rental income from Dubai
    property is presently between
    8 and 10 %.
    10
      The UAE Dirham
    is a stable currency.

     

                    

     

    Dubai’s success story as a world leader in enterprise and modernization has earned the city great international distinction and has made Dubai an important business, trading and tourism hotspot. Dubai is a dynamic, business-friendly city with a great track record for executing major projects.

    His Highness General Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, has dedicated himself to making Dubai a leisure and entertainment capital of the world aiming to bring in 15 million tourists by the year 2010.
    Dubai is a modern cosmopolitan city and is home to a mixture of more than 185 ethnicities that live in a lively, international setting and has become an icon for the 21st century. Dubai has great pioneering new projects.

    The USD 15 billion expansion of the Emirates Airlines fleet and the USD 4 billion expansion of the Dubai International Airport area is a testament of this commitment to attain such a goal.
                  
    Tracing the history of Dubai, its geographical nearness to India had made it an important port for many tradesmen. Dubai was known for its pearl exports until the 1930s but due to the World war and Depression era this industry dissipated. There were some border disputes with the various emirates even after the formation of the UAE. Electricity, telephone services and an airport were established in Dubai in the 1950s, when the British moved their local administrative offices from Sharjah to Dubai. The town joined the newly independent country of Qatar to set up a new monetary unit, the Qatar/Dubai Riyal, after the deflation of the Gulf Rupee. Oil was discovered in Dubai the same year, after which the town granted concessions to international oil companies. The discovery of oil led to a massive influx of foreign, mainly Indian and Pakistani workers, into the city. As a result, the population of the city from 1968 to 1975 grew by over 300%, by some estimates.

                         

    On 2nd December 1971 Dubai, together with Abu Dhabi and five other emirates, formed the United Arab Emirates after former protector Britain left the Persian Gulf in 1971. In 1973, Dubai joined the other emirates to adopt a single, uniform currency: the UAE dirham. In the 1970s, Dubai continued to grow from revenues generated from oil and trade even as the city saw an influx of Lebanese immigrants fleeing the civil war in Lebanon. The Jebel Ali Free Zone, comprising the Jebel Ali port (reputedly the world's largest man made port) was established in 1979, which provided foreign companies unrestricted import of labor and export capital.
             
    Dubai is considered to be an enviable real estate place in the world. Dubai is the fastest growing city in the world. Dubai is rated as a very safe place to reside. Dubai is actually very strategically located and is not too far from Europe, Asia or Africa. Dubai is earning the title as a tourists’ city of the world. This is evident in the numbers itself. The number of visitors to Dubai has grown from 1.8 million to 5.4 million in the past decade.

    Dubai is a place where the East meets west. Dubai is cultivating the perfect marriage of its own traditional approach fused with western capitalistic interests and thus making Dubai a great economic force.

    • Dubai is most definitely a home to many firsts:
    • It has one of the biggest airports in the world
    • The largest man made port in the world is in Dubai
    • The largest mall in the world is situated here
    • The only 7 star hotel in the world is located in Dubai
    • The largest theme parks in the world and is estimated to be bigger than Disney parks in Florida.
    • The largest skyscraper in the world
    • Palm Jumeirah the first man made palm-shaped man made island

                  

     Shuffle 2.jpgDubai is a tax free heaven. Expats who come here on a job have discovered that there is something for everybody in this beautiful city. The city has many dinning spots serving different cuisines, cafes, theaters, multiplexes, pubs, clubs, malls etc. Also there are a myriad of entertainment options to choose from.

    The education system is good and systematic. The job and business opportunities are ever increasing in Dubai. The real estate scene is also growing tremendously. Dubai’s great big success story as a world leader in enterprise and modernization has earned the city international level rave reviews and this has established Dubai as a leading commercial, trading, housing and tourists’ hub. Dubai is a dynamic, business-friendly city with an outstanding track record which is evident in the different projects undertaken. And all this is due to its great visionary leaders.

     

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