The Property Market in UAE - Dubai
Dubai is on the move and some serious developmental projects are under way on a
large scale to transform the fortunes of the country. Almost everyday, reputed international
companies are exploring the means of setting up their shop in Dubai. This is attributed
to some aggressive promotional and developmental strategies adopted by the government.
The Burj Tower, with 188 storeys, is set to be the highest building of the world
housing the 7-star Al-Burj Hotel. The Burj Tower is the jewel in the crown as far
as high-rise and skyscrapers are concerned. Dubai is planning to host more than
200 buildings to increase its population from present 1.3 million to 4 million by
The country as a whole has some enchanting sites to visit. From the sand dunes of
great deserts to pristine beaches to rugged mountains to lush-green well-maintained
parks to ancient villages to places of worship to swanky shopping malls, you name
it and you have it in and around Dubai.
The country offers an open port with low import duties. That’s why duty-free shopping
in Dubai is on a high-priority list for the locals as well as visitors in the country.
It is impossible to find a woman who has not heard about the annual Dubai Jewellery
Many European families prefer Dubai as a second-home destination because they can
easily find maids and helpers at a fraction of what it costs in Europe and America.
Such facilities are common in Dubai due to a large migrant population from Asian
countries, like India, Pakistan, and Bangladesh, who are looking for menial jobs
with decent pay.
Even though the UAE is a Muslim country, Dubai is an epitome of multi-culturalism
in the Sheikhdom. For long, it was dependent on the Petrodollars for perking up
its economy. However, the recent interest in developing tourism and tourist-related
activities in and around Dubai means the investors are flocking in their droves.
International Golf and Tennis tournaments have lifted the global profile of Dubai
and it’s been increasingly seen as a hub of international activities, particularly
in the Middle East. You can also indulge in plenty of aquatic adventures, such as
scuba diving and snorkelling, on a vast Mediterranean coastline. And while, in Dubai,
don’t miss out on exploring the Manhattan of the Middle East, the Abu Dhabi City!