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Due to its strategic location and state-of-the-art
infrastructure, Dubai has witnessed a big improvement in the
growth rates in trade and industrial activities, mainly in
the real estate sector.
In little more than a generation, Dubai has been transformed
from a simple trading port into a metropolis of concrete,
chrome and glass.
A decade ago, the pioneering Crown Prince of Dubai made his
vision of ‘Dubai clear for the 21st Century’ an
international city with wealth and global influence. Today,
this visionary ambition is rapidly becoming a reality. In
commercial terms, it has become the greatest business hub on
a meteoric benchmark for others to follow. It is politically
stable, has a liberal government distinguished for its
efficiency and commitment to a free and balanced economic
policy and tax free incentives. Its geographical proximity
to the markets and talents of the Middle East and North
Africa has served Dubai well, making it the location of
choice for International business trade within the region.
Dubai
is a rapidly expanding city. Its population was one million
in 2001, is shortly projected to hit two million and at
current population growth rates it is expected to exceed
four million by 2010. The vast majority of which will be
made up by expatriates who will try to make Dubai a new
home. There is a wide variety of property types available,
from city apartments in skyscrapers, or luxurious villas in
the suburbs or even beach side homes, Dubai truly caters to
every individual’s lifestyle preferences.
Dubai’s positioning as a regional financial, tourism, and
retail hub has produced an unprecedented amount of
investment in commercial space, office space, retail
outlets, and warehouses.
Dubai has something for everyone. From genteel activities in
the sunshine to extreme sports and major professional events
- all played out in some of the best sporting facilities in
the world.
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