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| About Dubai |
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Dubai, known as the City of Gold, is a strategically placed cosmopolitan city sited in the Arabian Gulf and has gained a reputation as being the commercial hub of the Middle East and the financial gateway of the Gulf. The tax free status, establishment of Free Trade Zones and full support of the Government has made doing business easy. With luxury sky scrapers, iconic developments and numerous tourist attractions Dubai provides the ultimate balance of Eastern Traditions and Western comforts, resulting in an enviable lifestyle. |
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| Living in Dubai |
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| Dubai has attracted business and tourism from across the globe. The safe,crime-free environment, |
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| together with a state of the art infrastructure has made Dubai a world class city with something for everyone. With traditional souks, camel racing and heritage centers splendidly blended with 21st century shopping malls, Ski Dubai and the world’s first 7 star hotel – Burj Al Arab. |
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Fine dining, world class sport and the full range of water sports in the turquoise waters of the Persian Gulf have made Dubai one of the most desirable places live in the world. |
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| Shopping and Entertainment |
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Shopping has never been easier with top brands and designer labels in iconic malls such as Mall of the Emirates and Ibn Battuta Mall. Whether shopping for traditional spices, oriental carpets, Arabian gifts or the latest catwalk creations, Dubai has it all. |
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| There is a wide variety of entertainment ranging from Desert Safaris, a Global Village, and water theme parks. The Dubai Land offers the major attractions within a 15 mile radius. |
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| Language |
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| English is widely spoken. Arabic, Hindi, Urdu, Farsi, Pashtu, Tagalog a host of other languages reflects Dubai’s cosmopolitan culture. |
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| Money |
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| The local currency is the UAE Dirham. The Dirham is divided into 100 fils. Notes are in the denomination of 500,200, 100, 50, 10 and 5. Coins are in the denomination of Dh.1, 50 and 25 Fills. 1 US $ = 3.65 Dirhams. US Dollars are, however, widely accepted in hotels, restaurants, shops and taxis. |
DUBAI - The Pearl of the Middle East
From the timeless tranquillity of the desert to the lively bustle of the souq, Dubai offers a kaleidoscope of attractions for visitors. In a single day, a visitor can experience everything from rugged mountains and awe inspiring sand dunes to sandy beaches and lush green parks; from dusty villages to luxurious residential districts; and from ancient houses to the most modern shopping malls.
Dubai is both - a dynamic international business centre where 350 of the Fortune 500 companies have their regional offices; and a laid-back tourist escape where people from all over the world come to relax, enjoy and shop.
Dubai has established itself as an ultra modern metropolis due to the forward thinking of the Ruling Family. Creative architecture and urban planning has led to the birth of dedicated business development communities such as Media City; Internet City; Financial City; Knowledge Village; Healthcare City; etc.
Major project developments taking place in Dubai make an era of luxurious living. Dubai Marina, Dubailand, followed by the Palm Jumeirah and the other ambitious developments taking place are further enhanced by the construction of the Burj Dubai, the tallest building in the world. The tax-free environment and expatriate friendly laws certainly make Dubai an exciting location for developments and investors alike.
With a fast increasing population and a growing GDP, thousands of people are taking up residence each month to make Dubai their home. No wonder that Dubai is called The Pearl of the Middle East!
DUBAI FACTS
Last year 4 million tourists visited Dubai.
Plans to attract 15 million tourists annually by 2010.
Plans to increase Airport capacity at Jebel-Ali to 60 million passengers a year.
Dubai houses over 3,000 multinational & regional corporations in its 15 free zones.
Significant & growing proportion of fortune 500 companies located in DIFC.
Financial Hub- DIF.
Business Hub- DIC, DMC, IMPZ.
Tourist Hub- Dubailand, Dubai World Cup, Desert Classic, Golf Open.
Residence Visas will be provided by the Government of UAE to all Owners/Buyers of the freehold property.
No Income Tax on Rental Income and No Capital Gain Tax.
10% to 12% projected annual rental income.
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