Country Information : Dubai
 Originally a small fishing settlement, Dubai was taken over in the 1830s by a tribe led by the Maktoum family, which still rules the emirate today. So began a trading empire based on gold, silver, pearls and spices. A fusion of Arab, Persian and Indian flair established Dubai's business acumen.
Dubai is the second largest city situated in The United Arab Emirates, which is located on the Arabian Gulf in the Middle East. The UAE borders Saudi Arabia, Quatar and Oman. Dubai’s area has a mix of sandy coastline and desert.
Dubai is the gleaming metropolis of the 21 st century, which is hard to believe as only thirty years ago it was a desert strewn wilderness. Due to its decreasing oil supply, the ruling Maktoum family has firmly put Dubai on the map by developing its business and tourism market, as such the worlds first 7* hotel known as the Burj is located just off the shoreline and Microsoft has an office in one of the tax free business zones.
The flight times from London are only around 5hrs and with 365 days of sunshine it is becoming one of the world’s most popular places to visit, by 2015 it is expected to be the most popular tourist destination on earth with attractions such as the 5 billion dollar Dubailand.
In 2002 Dubai changed the law so that foreigners could buy property on a freehold basis; this led the way for a massive development of luxury apartment buildings and private villas. Some developments have already been completed with price increases from off-plan to completion of up to 200%.
By 2010 Dubai is expected to have over 15 million tourists visiting ever year and there are plans to increase capacity at Jebel-Ali airport to 60 million passengers a year, making it almost as busy as London Heathrow. There are 15 Free Zones which are tax free and Dubai houses over 3000 multinational and regional corporations in these zones.
In a sentence, Dubai is luxury living at an affordable price, and an investors dream.
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