Dubai Real Estate Images

Featured Listings

Three torey brick built house for sale near Pamporovo

Gallery Suites in St. Vlas luxurious studios and apartments for sale

Country estate (16k) in a picturesque & unexplored area in the county of Montana

Dubai Real Estate Images

Dubai Real Estate Images

Listed by www.tetrabulgaria. com

Images

Palm Island Resort, Dubai

Dubai Sheikh Zayed Road

Wild Wadi Water Park, Dubai

Burj Al-Arab Hotel, Dubai, United Arab Emirates

Lagrest indoor ski resorts, Dubai

Dubai view from the plane

Address: Dubai, United Arab Emirates
City: Dubai
Price: €1

Status: Active

Full Description: Dubai (in Arabic: دبيّ, Dubayy, /dʊ'baɪ/ in English) can either refer to one of the seven emirates that constitute United Arab Emirates (UAE) in the eastern Arabian Peninsula, or that emirate's main city, sometimes called "Dubai city" to distinguish it from the emirate. The modern emirate of Dubai was created with the formation of the United Arab Emirates in 1971. However, written accounts documenting the existence of the city have existed at least 150 years prior to the formation of the UAE. Dubai shares within a federal framework, legal, political, military and economic functions, with the other emirates, although each emirate has jurisdiction over some functions such as civic law enforcement and provision and upkeep of local facilities. Dubai has the largest population and is the second largest emirate by area, after Abu Dhabi and, with Abu Dhabi, is one of only two emirates to possess veto power over critical matters of national importance in the UAE. Dubai has been ruled by the Al Maktoum dynasty since 1833. The city's current ruler, Mohammed bin Rashid Al Maktoum is also the Vice President and Prime Minister of the UAE.

Revenues from petroleum and natural gas contribute to less than 3% of Dubai's US$ 46 billion economy (2006). A majority of the emirate's revenues are from the Jebel Ali free zone (JAFZ) and, increasingly, from tourism and other service businesses. Dubai has attracted world-wide attention through innovative real estate projects and sports events. However, this increased attention, coinciding with its emergence as a world business hub, has also highlighted human rights issues concerning its largely foreign workforce.

Economy
Dubai's gross domestic product as of 2006 was US$46 billion. Revenues from oil and natural gas accounted for less than 3% of the emirate's revenues. It is estimated that Dubai produces 240,000 barrels of oil a day and substantial quantities of gas from offshore fields. The emirate's share in UAE's gas revenues is about 2%. Dubai's oil reserves have diminished significantly and are expected to be exhausted in 20 years.

Historically, Dubai and its twin across the Dubai creek, Deira (independent at that time), became important ports of call for Western manufacturers. Most of the new city's banking and financial centres were headquartered in the port area. Dubai maintained its importance as a trade route through the 1970s and 1980s. The city of Dubai has a free trade in gold and until the 1990s was the hub of a "brisk smuggling trade" of gold ingots to India, where gold import was restricted.

Dubai is an important tourist destination and its port, Jebel Ali, constructed in the 1970s, has the largest man-made harbour in the world. Dubai is also increasingly developing as a hub for service industries such as IT and finance, with the establishment of a new Dubai International Financial Centre (DIFC). The government has set up industry-specific free zones throughout the city. Dubai Internet City, combined with Dubai Media City as part of TECOM (Dubai Technology, Electronic Commerce and Media Free Zone Authority) is one such enclave whose members include IT firms such as EMC Corporation, Oracle Corporation, Microsoft, and IBM, and media organisations such as MBC, CNN, Reuters and AP.

The government's decision to diversify from a trade-based but oil-reliant economy to one that is service and tourism-oriented has made real estate more valuable, resulting in the property appreciation from 2004–2006. Large scale real estate development projects, undertaken by firms such as Emaar Properties, have led to the construction of many skyscrapers such as the Emirates Towers and the world's tallest hotel, the Burj al-Arab. Burj Dubai, also being constructed by Emaar Properties, is expected to become the world's tallest structure.

The Dubai Financial Market (DFM) was established in March 2000 as a secondary market for trading securities and bonds, both local and foreign. As of Q4 2006, its trading volume stood at about 400 billion shares worth US$ 95 billion. The DFM had a market capitalization of about US$ 87 billion.

Article Copyright: http://en.wikipedia.org/wiki/Dubai

Tools
Contact Agent
Mortgage Calculator
Printer Friendly Version of This Page
Email This Listing to a Friend

Neighborhood Links
View a map of the area

Neighborhood Profile

Listed by: www.tetrabulgaria. com
Phone: ++35924894895
Mobile: ++359888735693
Homepage: http://tetrabulgaria.com/

This listing has been viewed 24749 times.

Other properties from Dubai:

More about Dubai:

A cleaner at the mausoleum of the Bhutto family wears a picture of Benazir Bhutto ... of your head. You were never afraid." Bilawal, the eldest, studies at Oxford University, while Aseefa is at school in Dubai. Bakhtawar's interest in rap music was such that her mother reportedly used contacts to introduce her to P Diddy. The ... Tue, 06 Jan 2009 05:56:12 GMT

Beckham's Milan experience may cool his MLS fire ... one of the best leagues in the world," the former Manchester United and Real Madrid said while training with Milan in Dubai. "I want to concentrate on working with the team. I know the kind of team Milan is, the professionalism that exists and I am ... Tue, 06 Jan 2009 05:31:50 GMT

The Year In Architecture: When Environmentalism Finally Became Cool.... ... will sustainability and aesthetics be considered contradictory terms. Various large-scale projects in Singapore, Dubai, Toronto, and elsewhere underscored the importance of urban infrastructure to economic development. For last summer's Olympics, ... Tue, 06 Jan 2009 05:25:23 GMT

KL shares slightly lower ... resume trading at 2.30 pm. It was last traded at RM1.29. WCT said its contract on the construction of the Nad Al Sheba Dubai Racecourse Project valued at RM4.6 billion was cancelled by Meydan LLC of Dubai. Actives, KNM, UEM Land and Malaysian ... Tue, 06 Jan 2009 05:20:11 GMT

Oil settles above $48 on uneasy Mideast ... "An oil embargo is just bad for business," said Serene Gardiner, oil products analyst at Standard Chartered Bank in Dubai. Meanwhile Russian gas monopoly Gazprom has cut off gas shipments to Ukraine since Thursday in a dispute over payments, and ... Tue, 06 Jan 2009 05:08:16 GMT

Click on icons for more Gulf stories Tuesday 6 January 2009 Gulf states not to use oil as weapon DUBAI: Core OPEC oil producers in the Gulf would ignore Iran's call for Muslim countries to cut supplies to supporters of Israel in response to the ... Tue, 06 Jan 2009 04:42:19 GMT

2008: Year of the Amateur ... and Australasian Tours. Lee is set to play the Abu Dhabi Championship next week, followed by the Qatar Masters and Dubai Desert Classic on the European Tour. Scott Arnold confirmed he standing as one of our best amateurs winning the Riversdale Cup ... Tue, 06 Jan 2009 04:38:42 GMT

Despite slowdown, polo is big business in Argentina ... has his own line of polo clothing. Another project is the Culu Culu Polo Resort backed by about $80 million from Dubai-based hotel operator Jumeirah Group, which is set to open in the town of Lobos within the next two years. It includes a polo hotel ... Tue, 06 Jan 2009 03:43:08 GMT

Hotel News in Brief ... he was the GM of the venerable Lancaster, a Houston institution managed by the Valencia Group. Some hotels in Dubai's central business district are paying taxi drivers Dhs100 ($27) to Dhs150 as commission for bringing in clients, reported The ... Tue, 06 Jan 2009 03:05:28 GMT

Trainees to go through longer hours of training under Beng Hai ... fore the first assignment. The team will play in the Sultan Azlan Shah Cup from April 3-12 followed by the Asia Cup in Dubai from May 8-18. Tue, 06 Jan 2009 02:59:17 GMT