Live Auctions Only at Foreclosure!!

Dubai Real Estate Images

Listed by www.tetrabulgaria. com


Images

Palm Island Resort, Dubai
Palm Island Resort, Dubai

Dubai Sheikh Zayed Road
Dubai Sheikh Zayed Road

Wild Wadi Water Park, Dubai
Wild Wadi Water Park, Dubai

Burj Al-Arab Hotel, Dubai, United Arab Emirates
Burj Al-Arab Hotel, Dubai, United Arab Emirates

Lagrest indoor ski resorts, Dubai
Lagrest indoor ski resorts, Dubai

Dubai view from the plane
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
Homepagehttp://tetrabulgaria.com/



This listing has been viewed 63825 times.
Other properties from (near) Dubai:

   More about Dubai:
Emails cast shadow in Sunland case Facing court . . . Marcus Lee in Dubai with his wife, Julie. A message trail may bolster the case of two Australians charged over a Dubai land deal, writes Rick Feneley. Thu, 11 Mar 2010 03:19:28 GMT
Affidavit filed on man's detention ... lert" had been issued by the Union government to apprehend him. He managed to obtain a passport from Indian Embassy in Dubai under "an assumed name and address," thereby hoodwinking the immigration authorities. Thu, 11 Mar 2010 03:08:06 GMT
Expatriates allege harassment Thiruvananthapuram: A group of Keralites settled in the United Arab Emirates have complained to the Union Home Minister and the Kerala Chief Minister that their families in India are being harassed over delayed payments of credit cards issued in Dubai. Thu, 11 Mar 2010 03:04:41 GMT
Air Canada, Emirates war of words escalates Emirates Airline Group touches down at Toronto's Lester B. Pearson Airport as part of it's inaugural A380 flight to Toronto via Dubai, United Arab Emirates Photograph by: Peter J. Thompson/National Post, The fight to limit Emirates Airlinea s access to the Canadian market escalated Tuesday with Calin Rovinescu, Air Canadaa s chief executive, ... Thu, 11 Mar 2010 03:01:00 GMT
Israeli housing plan decried DUBAI: Amid international condemnation, Israel's decision to build thousands of new housing units in occupied East Jerusalem has jeopardised the prospects of indirect talks, mediated by the United States, between Israelis and Palestinians. Thu, 11 Mar 2010 02:59:29 GMT
Hotel News in Brief The opening of the Giorgio Armani hotel inside Dubai's Burj Khalifa has been delayed, The National has reported. Thu, 11 Mar 2010 02:49:26 GMT
Don Martin: Not cleared for takeoff in the West ... executives. The pride of the Emirates Airline fleet routinely fills more than 90% of its 489 seats to and from Dubai, sharing a near-capacity load with the United Arab Emirates' other carrier, Etihad Airlines. For 11 years now, Emirates Airline has ... Thu, 11 Mar 2010 02:47:51 GMT
Foreign troops not solution to Afghan problems: Ahmadinejad ... security forces. The Iranian president also accused the U.S. of supporting Regi, saying he was being taken from Dubai to U.S. base in Kyrgyzstan. Questioning the U.S. honesty in war against terrorism, the Iranian president said, "This is not the ... Thu, 11 Mar 2010 02:28:47 GMT
A gift for Joe Biden Ben Caspit in Ma'ariv used the phrase that was picked up by the global media to sum up the Mossad's alleged Dubai hit: a tactical operational success, a strategic failure. Thu, 11 Mar 2010 02:20:15 GMT
Prize signals Saudi nod for Erdogan as Mideast force ... results, then the talks must include all parties." Mustafa Alani, research director at the Gulf Research Center, a Dubai-based think tank, said Turkey wanted "more involvement, and the Arab and Gulf states want them more involved." "Turkey has a ... Thu, 11 Mar 2010 02:11:49 GMT
Bulgarian Real Estate::Real Estate in Uruguay::Drift::Real estate bookmarks::Food&Recipes::Лекари::Рецепти::Кредити::имоти под наем