Live Auctions Only at Foreclosure!!

Dubai Real Estate Images

Listed by www.tetrabulgaria. com


Images

Palm Island Resort, Dubai
Palm Island Resort, Dubai

Dubai Sheikh Zayed Road
Dubai Sheikh Zayed Road

Wild Wadi Water Park, Dubai
Wild Wadi Water Park, Dubai

Burj Al-Arab Hotel, Dubai, United Arab Emirates
Burj Al-Arab Hotel, Dubai, United Arab Emirates

Lagrest indoor ski resorts, Dubai
Lagrest indoor ski resorts, Dubai

Dubai view from the plane
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
Homepagehttp://tetrabulgaria.com/



This listing has been viewed 21390 times.
Other properties from Dubai:

More about Dubai:
Gulf states prepare to weather economic storm after drop in oil prices ... inextricably linked and starting to wreak havoc in the Gulf economies. By mid-November, the stock exchanges of Dubai , Saudi Arabia and Kuwait had declined by 62.5%, 50.4% and 29.5% respectively. A Kuwaiti court took the unprecedented step of ... Thu, 20 Nov 2008 19:34:48 GMT
Oil falls below $ 50 a barrel ... market intricacies, such as the lag time when global prices will be reflected in domestic pump prices. "The prices of Dubai crude that we see today cannot be reflected immediately since it takes about a month to bring said crude into the country," ... Thu, 20 Nov 2008 19:31:53 GMT
One Emirate, Two Emirates, Three Emirates, Four ... and a program for a boutique, luxury resort. I was particularly struck by the differences between Abu Dhabi and Dubai , to which I had traveled four or five years ago. Dubai, as we all know, is always in the (industry) news, for its grand scale of ... Thu, 20 Nov 2008 19:31:00 GMT
Crisis even tames splurges in Dubai SOME big Dubai retailers, accustomed to giddy spending, are grappling with a drop in sales as consumers worry about the impact of the global financial crisis on their wallets. Thu, 20 Nov 2008 19:07:45 GMT
$20M Dubai party, DeNiro and Lohan may attend ... , South Africa , and Casablanca , Morocco - will be put on hold.A A A But in the meantime, let theA bubbly flow in Dubai.A A "If I had it all over again and I understood that the timing was what it was, one might modify a couple of the things ... ... Thu, 20 Nov 2008 18:47:32 GMT
'Experts' lead Saudi tanker talks ... plea Correspondents say the pirates who seized the Sirius Star on Saturday are a sophisticated group with contacts in Dubai and neighbouring countries. Money from previous hijackings has been used to buy new boats and weapons as well as develop a ... Thu, 20 Nov 2008 18:32:25 GMT
Convergys Thought Leadership Speaker Series: Long-term competitive... DUBAI, United Arab Emirates-- --At the Telecoms World Middle East 2008 Conference in Dubai this week, Convergys Corporation , a global leader in relationship management , shared its insights on how sustaining ... Thu, 20 Nov 2008 18:25:57 GMT
India to scale up military presence in Gulf of Aden ... in Cairo to discuss how best to co-operate to deal with the growing piracy. The Indian Navy's action drew praise in Dubai too. 'The international community has not taken enough and quick measures to tackle the pirates,' George Katout of the Dubai ... Thu, 20 Nov 2008 18:01:35 GMT
Zardari to visit UAE on Monday ... UAE. He said other engagements of President Zardari will include meetings with the Prime Minister of UAE and Ruler of Dubai, the Crown Prince of Abu Dhabi and important dignitaries. President Zardari will also meet with the Chief Executives of major ... Thu, 20 Nov 2008 17:52:58 GMT
Manpower head forecasts layoffs ... faster, now it is Japan which has slipped into recession, he said. The Middle East is also facing challenges X in Dubai, in construction for instance, he said. It s all showing that no-one is immune, Joerres said. This story has been viewed 2 times. Thu, 20 Nov 2008 17:45:50 GMT
Bulgarian Real Estate::Real Estate in Uruguay::Drift::Real estate bookmarks::Food&Recipes::Лекари::Рецепти::Кредити::имоти под наем