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Home / Features / Life in Dubai

Special Features

Life in Dubai

Strategically situated at the crossroads of Europe, Asia, Africa and the Middle East, the fastest growing city, Dubai has a variety of investment opportunities to offer the world. Tourism, one of the major attractions has a growth rate of 16% per annum which is three times the world tourism growth rate. In 2008 there were more than 6 million visitors to Dubai and it is estimated that the number will reach 200,000 per day by 2010. With the demand for more hotels, there are investment opportunities for the international entrepreneurs. The varied nature of entertainment and amusement such as sand dune driving, sand skiing, camel racing, indoor snow skiing, ice skating, golf, power boat racing and horse racing are available to choose from. Bright sunshine, beautiful beaches, an underwater hotel are so breathtaking that the visitors practically forget that Dubai is part of the Middle East. Foreign investors can own property in Dubai and they enjoy protection by law of their investment. Many celebrities such as Donald Trump and David Beckham own holiday resorts in Dubai. Investors enjoy tax free benefits and an investor friendly government. UAE Dirham is pegged to US$ and the purchaser of a freehold property is entitled to a lifetime resident visa. Rental income return ranges between 8 and 12%. Infrastructure facilities provided are of the highest quality. US$ 15 billion and US$ 4 billion are allocated to the Emirates Airlines fleet expansion and Dubai International Airport expansion respectively. As the government of Dubai believes in active private sector partnership, it is keen to offer them the best terms which ultimately benefits Dubai. Dubai Banks operate special loan schemes for the investors. Hence, Dubai can be termed the world’s leading commercial, trading and tourism hub. The biggest airport, the largest man made port, the largest mall, the largest theme park, (nearly 3 times the size of Disney World in Orlando) of the world and the tallest skyscraper in the world are found in Dubai. As many foreigners have made Dubai their home English language is widely used, Arabic being the language of the land. Churches, modern schools, medical facilities, reliable power supply, telecommunication facilities reading material and other needs of the people are available to make life joyful. Crime and violence are hardly found in Dubai which makes the roads and outdoor activity for children safe. Interpol has rated Dubai as one of the safest places in the world.

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