Dubai Real Estate Images

Featured Listings:

Dubai Real Estate Images

Three torey brick built house for sale near Pamporovo

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

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

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: ++35929746812
Mobile: ++359888735693
Homepage: http://tetrabulgaria.com/

This listing has been viewed 64107 times.

Other properties from (near) Dubai:

More about Dubai:

Anti-government protesters head for Thai capital ... government out of power, Thaksin loyalists say, could pave the way for his pardon and return. Thaksin, who resides in Dubai, faces a two-year prison term for abuse of power. Thousands of protesters arrived in the sprawling capital Saturday after ... Sat, 13 Mar 2010 11:45:48 GMT

UK's Whitbread buys out Indian JV partner A flag flies for property company EMAAR n Dubai's Marina area, November 28, 2009. Sat, 13 Mar 2010 11:21:30 GMT

Delhi Diary ... concede is that Husain is a saint, a high-principled creative genius fleeing persecution. And is pining away in his Dubai penthouse, Ferrari at hand, for his beloved homeland. That is pure humbug. In the past 10 days, Husain has provided his ... Sat, 13 Mar 2010 11:16:38 GMT

Siemens wins power supply network deal in Fujairah United Arab Emirates: 2 hours, 47 minutes ago Dubai-based Federal Electricity and Water Authority has awarded Siemens Energy a 30m contract for the supply of a turnkey substation in Fujairah, as well as modernizing four substations in the emirate. Sat, 13 Mar 2010 11:09:51 GMT

Dubai Investments Real Estate completes handover of 'Ritaj' Phase 1 United Arab Emirates: 2 hours, 51 minutes ago Dubai Investments Real Estate Company , the real estate arm of Dubai Investments PJSC, has completed the handover of Phase 1 of 'Ritaj'- a modern residential complex located in Dubai Investments Park which epitomizes the concept of affordable luxury. Sat, 13 Mar 2010 11:09:38 GMT

Abu Dhabi Ship Building provides full support for Bahrain Defence... ... Dhabi Ship Building For more information, please contact: Orient Planet PR & Marketing Communications P.O. Box 23345, Dubai UAE Tel : +971 4 3988901 Fax : +971 4 3988941 Sat, 13 Mar 2010 11:09:22 GMT

Dubai World to separate 'good' businesses United Arab Emirates: 2 hours, 41 minutes ago Sheikh Ahmed Bin Saeed al-Maktoum, chairman of Dubai Supreme Fiscal Committee has said the Dubai World is seeking to separate "good" businesses from underperforming assets as part of its restructuring plan, Bloomberg has reported. Sat, 13 Mar 2010 11:09:11 GMT

Future bright for region's audio visual industry ... growth have been identified as Latin America and Middle East and Africa," Heuff added. PALME, which takes place at the Dubai World Trade Centre from 18-20 April 2010, includes INSTALL for professional audio visual and systems integration ... Sat, 13 Mar 2010 11:08:38 GMT

HSBC Mena research voted best in region ... of the most comprehensive equity research offerings in the region, with a 15- person team based in offices in Cairo, Dubai and Riyadh, providing "strong, comprehensive coverage," in the words of Institutional Investor. "Investing in emerging markets ... Sat, 13 Mar 2010 11:08:07 GMT

Discover the real China in Taiwan ... that can easily be explored by bullet train or plane in a few short days or weeks. Until the Burj Khalifa tower in Dubai was completed, the world's tallest building was found in the country's capital, the Taipei 101 building. Upon its recent opening ... Sat, 13 Mar 2010 11:06:32 GMT