Key Features in Dubai

| Posted: 27-04-2007 | Comments: 0 | Views: 11 | Rating: (60)

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Dubai is one of the major cities of the globe that has undergone prodigious transformation lately. From a sparsely populated land it has bechanced to one of the seven most populous countries of United Arab Emirates. The present population of Dubai is 1,413,000 which are estimated to upgrade to 1,845,000 by 2010.

Dubai is prospering at a vast pace and is exploiting all its resources to the utmost degree. Globalization has entrusted a mark on Dubai. The city has in fact embodied itself as the viable downtown. It is alluring worldwide commerce and is letting out a great deal of business.

Dubai apart from fetching trade is becoming increasingly popular as a holiday spot. From its serene beaches to its aquamarine life, everything bestows an extraordinary effect. It presents the atypical amalgamation of commercialization, luxury, trade, holiday, and leisure. From the skyscrapers to the shopping malls, everything imparts Dubai an incredibly fresh feel.

‘Burj Al Arab’ is an inimitable hotel, it is peerless and the only 7-star hotel in the entire world. It is enormously enrapturing and fascinating making it the key attractions in the city. It has befallen a major underscore of the world.

Another viable creation is the ‘Palm Jumeirah’ which is the palm-shaped isle consisting of resorts that are off-cost. The distinctive shape of palm tree symbolizes its identity and the resort culture with dazzling landscapes lends it the splendor. Next in line is the ‘World of Houses’ which is a luxurious island enclosing apartments in the outward appearance of world map. Its prominent feature is the diminutive form of the earth.

With the innovation in the tourist spots, Dubai also provides with connectivity through the airport which is centrally linked to the city. This airdrome is the world’s largest airstrip. It runs through the locus of the city linking it to the major cities of the world.

Rendering to these gaze-gifts, the tourist footfall increased from 1.08 million to 5.4 million in the last decade which means a growth rate of 16% per year. This annual growth rate is almost 3 times of the world’s growth rate in tourism. Out of the 16% growth rate in last decade, 54% was in previous five years and it is projected to continue and even increase.

The crime rate in Dubai is as low as 0.5-1% over every 10,000 people. One of the foremost reasons for that could be the unforgiving punishment for the offences. This excogitates Dubai as a safe city to subsist.

Dubai offers a tax-free income and possessing an estate entitles for a complimentary life stay in the city. With all the commencement in technology and commerce, Dubai has magnanimously urbanized in the past decade. It does not only proffer property or business prospects but also furnishes with numerous incentives which give it an edge over the other cities of the world.

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Property Reporter is an emerging article writer working with many real estate agents like www.propertyadvicedubai.com. The articles by property reporter focus on current issues and market trends in the real estate industry of Dubai.

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Property in Dubai
By: Property Reporter | 27/04/2007 | Real Estate
This article targets the Dubai Property Market and the on-going trend in Dubai real estate market.

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