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Located by the pristine blue waters of southern Gulf,
Dubai,one of the world's best holiday destinations, attracts over a
million vistors every year. Dubai is famous for its exhilarating
architecture, world renouwned master-plans and a dynamic and
cosmopolitan lifestyle. Dubai also hosts world-class spectator sporting
events such as the world's richest horse race, PGA golf tournaments, WTA
and ATP tennis Opens and Formula 1 Powerboat races.
Dubai is known for its free-enterprise economy! With no personal income
tax, corporate tax or sales taxes, foreign direct investment has
expanded strongly! Mega projects have become synonymous with Dubai's
development over the years.
The real estate market in Dubai has firmly positioned Dubai as a leading
city of the world! The real estate sector in Dubai is now worth several
hundreds of billions of dirham. Some of the new projects being built in
Dubai are The DIFC,The Palm Islands, The World, International City, The
Gardens,Dubai Marina, Jumeirah Islands, Jumeirah Lake Towers, Burj
Dubai, Dubai Mall, Mall of the Emirates, and so on!
The Phenomenal growth of Dubai has a lot to do with the highly
integrated efforts of the Government and the private sector. Projections
strongly indicates that Dubai will continue to grow exponently over the
coming decades. |