Geographically it is located on the bank of Persian Gulf and enjoys influx of thousands of expats
every year. These expats come here mainly for the reason of business and seeking
jobs and have given a big boost to the Dubai Real Estate in the recent years, especially after the decision taken by
Dubai administration to allow foreigners to buy property there, while a large
number of expats have now begun to visit Dubai for the reason of acquiring
education as well, because in the recent years, some of the best universities
have been launched here and finest of the teachers from across the globe are
hired by these universities and colleges to make their education quality match
the global standards.
After oil exports, the largest source of income of the state
is tourism. Large number of tourists visits Dubai every year because of the
shopping festival held here every year in the months of March and April and the
shopping malls, sky-scrappers like Burj Khalifa or Burj-al-Arab and Palm
Jumeirah Islands are some of the attractions that allure the visitors to come
here and watch these man-made wonders. The exciting night life colored with
night clubs, discos, bars, lights and beach parties mark the modern lifestyle
of Dubai .
Investment opportunities in Dubai
are immense as it is the tourists’ heaven who flock to Dubai every year for seeing these beautiful
sites and love shopping, that is why so many malls and shopping plazas have
been operating here. Dubai ’s market is duty-free
and that is why numerous organizations have set their regional offices and main
headquarters in Dubai
and these companies are generating job opportunities for thousands of people. Dubai has a very small
native population and around 80% of its total population comprises of the
expatriates who have come here to settle in either due to their jobs or due to
their businesses that they are running here. This urged the government to
augment Dubai
property and they began to invest in their real estate.
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