Why Buy in Dubai
Dubai is one of the few cities in the world that has undergone such a rapid transformation - from a humble beginning as a pearl-diving centre - to one of the fastest growing cities on earth. Dubai today is a tourism, trade and logistics hub and has earned itself the reputation of being the ‘gateway between the east and the west.’ It is also considered as the dynamic nucleus of the Arabian Gulf region.
Home to just over 2 million people from more than 200 nationalities, Dubai is one of the most cosmopolitan cities in the world. Living in Dubai has a lot to offer. It is safe, politically stable, centrally located, and has a good education system and healthcare facilities, modern infrastructure and much more. The sun shines almost every day, the shopping and leisure facilities are impressive and the salaries are tax-free.
Living in Dubai is exciting where something new and different is always happening. Just when you think you’ve seen it all, a new project is announced, whether it is the launch of a sports stadium, a mega commercial tower, a residential enclave or yet another shopping mall! Dubai is constantly on the move, striving for greater heights, more facilities and comfort for its residents and visitors.
Dubai is without doubt a destination of the 21st century. Read any article about the fastest growing city in the region and it’s almost guaranteed you’ll see the words ‘ambitious’, ‘record-breaking’ and ‘staggering’. This meteoric growth has not gone unnoticed and each year thousands of expats arrive to claim a slice of the action.
Visit www.thisisdubai.ae for videos from a cross-section of people who live in Dubai and hear what they have to say. Dubai offers;-
- A liberal economy that is fully integrated with the world economy.
- A strategic location between Europe, Asia and Africa and attracts approximately 5 million investors and tourists on an annual basis.
- One of the safest cities in the world with an incredibly low crime rate and a fair judicial system.
- More than 200 nationalities and cultures call Dubai home and are constantly learning from one another and creating natural vibrancy and globalisation.
- International and local finance and banking institutions.
- An advanced educational system which covers the full spectrum of cultures and languages, including an array of public and private schools serving Emiratis and expatriates alike.
- A world class integrated healthcare system that ensures excellent standards of treatment, making Dubai a globally recognised destination for medical care.
- Finally, a plethora of entertainment options suited to all tastes, cultures and budgets.
Amazing Facts and Figures from Dubai.
''Dubai’s growing population warrants the need for more housing supply. More than 170,000 new residents are anticipated to move into Dubai this year'' says Damac's managing director Ziad El Chaar and approx 10,000 new units were handed over in 2015.
According to Forbes Dubai was the 7th most visited City in the world for 2015. The only Middle East destination in the top 10, Dubai had 9.89 million international visitors, nearly twice as many as the next most popular destination on the gulf regions.
33% of the world’s population live within a four-hour flight, 66% within an eight-hour flight and an aviation infrastructure that currently caters for a flight either landing or taking off every 90 seconds, access is easier than it has ever been.
Dubai is uniquely situated as a key transport hub connecting the east and the west and is a strategic business partner to the three billion people living in the MENASA region.
Emirates is one of the fastest growing airlines in the world connecting with over 140 destinations from its hub in Dubai
Dubai is the best city in the world for expatriates and professionals to live and work in, beating New York, London and other most prominent cities, according to research done in 2014. A survey released in 2014 by the Alumni Association of graduate business school Insead, which polled nearly 1,000 respondents, has ranked Dubai as the most attractive place to live in in terms of professional and private life. Instead has campuses in France, Singapore and Abu Dhabi.The survey asked respondents of 35 different nationalities to rate 15 key cities in the world in terms of economic dynamism (quality of labour, access to funding); quality of life (sports and cultural facilities, air quality); cost of living (real estate, dining, entertainment) and overall attractiveness (young talent, access to technology).Dubai emerged as the overall winner and ranked first in economic dynamism, third in overall attractiveness and fourth in terms of quality of life and cost of living.
Dubai has set a target of 20 million visitors by 2020.DTCM (Dubai’s Department of Tourism and Commerce Marketing) published revised figures for 2105 that show an increase in the number of tourists to 13.2 million, a growth of 8.2 per cent year on year.
2014 – 2020 - In the current development pipeline for 2014-2016 there will be an additional 141 hotel establishments added to the market including 99 hotels and 48 hotel apartments bringing the total to 751 hotel establishments and just under 114,000 rooms. - In order to provide accommodation for the targeted 20 million visitors a year by 2020, it is estimated that 140,000 to 160,000 rooms are required. Dubai Department of Tourism and Commerce Marketing
UAE urban population will grow to 7.9m by 2020 according to figures from the United Nations
The World Economic Forum’s latest "Global Competitiveness Report" - its 2015 survey of the most efficient and dynamic economies - puts the UAE at 12th and was placed 1st for its roads and infrastructure.
A 2015 report by the UK’s NatWest bank showed that British citizens favoured the UAE for its standard of living, coming in second, only Singapore coming ahead . Its findings were based on several parameters including financial incentives, quality of life and ease of raising children.
Expo 2020 Dubai is expected to attract 25 million visits, 70 per cent of which will be from overseas. This will be the first Expo in which the majority of visitors stem from beyond a nation’s borders. Running from 20 October 2020 through 10 April 2021, the Expo will launch the country’s Golden Jubilee celebration and serve as a springboard from which to inaugurate a progressive and sustainable vision for the coming decades.
Preliminary estimates indicate that the economic impact generated by the Expo between now and 2021 will be approximately €17.7 billion – much of this value is expected to be retained within the region.
In the next 4 years, over 275,000 jobs are estimated to be created in and around the region to service the Expo, across sectors including tourism, aviation, construction and real estate, engineering and infrastructure, logistics and transportation, and hospitality and retail.
In 2014 The Dubai Mall saw almost 80 million visitors, up almost seven per cent from 75 million visitors in 2013.
The mall also claimed that it has sustained the title of the world's most-visited lifestyle destination, surpassing major hotspots across the world. The visitor numbers recorded in the mall last year were higher than the 2014 footfall figures in New York's Times Square, Niagara Falls, Central Park, Washington DCs Union Station, Orlando-based Disneyworld's Magic Kingdom and Paris's Eiffel Tower among others.
The Dubai International Financial Centre (DIFC), the dynamic global financial hub built to connect the Middle East, Africa and South Asia (MEASA) markets with the economies of Europe, Asia and the Americas now has a workforce of 16,500 with over 1,100 companies including offices for 21 of the world's top 25 banks, 11 of the world's top 20 money managers, 7 of the 10 largest insurance companies and 7 of the world's top 10 law firms
Jebel Ali Port, is the world’s largest man-made harbour and is ranked amongst the Top 10 container ports worldwide. It is a premier gateway for 90+ weekly services connecting to 140+ ports worldwide. The terminal facilities are spread over 20 km of quay side featuring 23 container berths and 78 quay cranes.