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Information
on Dubai - Property Investment Dubai
| Dubai
Location Information |
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DubaiLand
is a huge development located towards
the desert. It consists of 6 themed
worlds & comprising over 200
individual projects it will soon
become the biggest, most varied
leisure, entertainment & tourist
attraction on the planet. Expected to
reach critical mass by 2007-2008
Dubailand features state-of-the-art
sporting facilities, theme parks,
ecotourism resorts, museums, galleries
& shopping & recreational
facilities. Dubailand expects to
employ 300,000 and attract 200,000
visitors a day!
The
Dubai International Financial District
(DIFC) is a specially created
financial hub for the whole of the
Middle East. It has been set up to
accelerate the repatriation of $1
trillion, which is currently invested
& managed outside the region.
Located between the London & Hong
Kong stock exchanges it is a unique
free zone with its own laws.
In recent
years, Dubai has established Dubai
Internet City and Dubai Media City,
providing the regional hubs for IT
(notably Microsoft and HP) and media
businesses (Reuters and CNN). In
September 2003, Dubai hosted the
2003 Annual Meetings of the Board of
Governors of the World Bank Group
and the International Monetary Fund.
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The
success of the Dubai economy is the
result of dynamic and visionary
leadership, an ultra-modern and
efficient infrastructure, the absence
of government bureaucracy, and a
diversely skilled, well educated,
multi-cultural and multi-lingual
workforce. It has an abundant supply
of housing for expatriate
professionals, and excellent schools
and centres of further education.
Voted the safest
city in the world for four consecutive
years by a study compiled by Interpol.
Crime in Dubai is virtually
non-existent.
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Prime locations
of Dubai will always be in demand and
are likely to provide excellent
investment opportunities in the long
term. It is unlikely that these
locations will see an oversupply when
only so much can be developed in one
area. There are 15 Free-Zones where
developers can build freehold property
available for purchase by
non-nationals. In fact, within the
next 5 years there is an estimated
40,000 unit shortfall, leaving an
estimated figure of 150,000 new
residents without the possibility of
buying*. In addition, a buyer has the
option to transfer his property
purchase during his payment terms at
low fees.
*Sher Consulting report, Gulf News
June 17, 2004
All
this has made Dubai one of the fastest
growing cities in the world, and one
of the world's most prominent centres
for business and leisure. Expatriates
can enjoy a quality lifestyle in a
city that meets all their
expectations. Dubai: a positive and
liberal atmosphere, bursting with
multi-cultural life, cutting edge
recreational facilities and excellent
business opportunities. Dubai is a
tax-free haven under the year-round
sun.
AVERAGE
TEMPERATURES IN DUBAI
| MONTH |
J |
F |
M |
A |
M |
J |
J |
A |
S |
O |
N |
D |
| MAX
°C |
24 |
25 |
28 |
32 |
37 |
39 |
40 |
41 |
39 |
35 |
31 |
26 |
| MIN
°C |
14 |
15 |
17 |
20 |
24 |
28 |
29 |
30 |
27 |
23 |
19 |
16 |
| HRS
OF SUNSHINE |
8.2 |
8.3 |
8.5 |
10 |
11.3 |
11.5 |
10.5 |
10.5 |
10.4 |
10 |
9.5 |
8 |
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Dubai
Property Investment Database
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