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 65366 times.
Other properties from (near) Dubai:

   More about Dubai:
Holbrooke praises Taliban arrests despite criticism ... said they started around a year ago. Face-to-face talks were held with "senior figures in the Taliban leadership" in Dubai and other locations, the diplomat told the BBC, adding that the movement's leader Mullah Omar had given the process the green ... Sat, 20 Mar 2010 01:02:53 GMT
Protesters aim to win over Bangkok's people ... by a call for a "class war" by a former telecommunications tycoon living a lavish lifestyle in exile, mostly in Dubai. "I don't think this government is effective but I cannot support a group which backs Thaksin," said Tanaporn Satittam, a ... Sat, 20 Mar 2010 03:04:20 GMT
Bahrain rebounds as Dubai stagnates "Funnily enough from our perspective, Bahrain hasn't suffered from Dubai's growth. Sat, 20 Mar 2010 03:03:02 GMT
Arrests ended UN talks with Taliban: ex-envoy ... said they started around a year ago. Face-to-face talks were held with "senior figures in the Taliban leadership" in Dubai and other locations, said the diplomat, adding he believed the movement's leader Mullah Omar had given the process the green ... Sat, 20 Mar 2010 03:00:41 GMT
Pakistan arrests halt UN contacts with Taliban: Eide ... from the UN had with senior Taliban members began in the spring of 2009 and included face-to-face conversations in Dubai and elsewhere. He criticised Pakistan for arresting the Taliban's No 2 and other members of the insurgency, saying the ... Sat, 20 Mar 2010 02:56:19 GMT
Laden's daughter may leave Iran Saturday, March 20, 2010 DUBAI: A teenaged daughter of Osama bin Laden has been allowed to fly out of Tehran where she had taken refuge in Saudi Arabia's embassy, a Saudi-financed newspaper reported on Friday. Sat, 20 Mar 2010 02:55:50 GMT
Arab stocks gain on investor-confidence ... for the first quarter of the year, financial analysts said yesterday. Reports about an imminent agreement between Dubai World and its lenders also helped boost regional markets this week, they added. "I believe both local and foreign investors are ... Sat, 20 Mar 2010 02:55:31 GMT
US stance fails to impress the Arab world ... meal coming,but where's the beef?" Dr Christian Koch, director of International Studies at the Gulf Research Centre in Dubai, said the Biden incident had been perceived as a microcosm of Israeli arrogance and will not be remembered for the American ... Sat, 20 Mar 2010 02:53:32 GMT
Filmstar Nadeem, son directed to reply ... of film star Nadeem and was married to his son Farhan. She converted to Islam prior to marrying Farhan in Dubai a few years ago but was divorced by him last year. In her application, she submitted that her former husband and in-laws were not ... Sat, 20 Mar 2010 02:49:48 GMT
New Pak-Afghan trade agreement soon: Fahim ... price depends on price in international market and mentioned to sugar mills in the country and companies from Geneva, Dubai and Singapore from where the government purchases or imports sugar. To another question, the minister said Commercial ... Sat, 20 Mar 2010 02:49:07 GMT
Bulgarian Real Estate::Real Estate in Uruguay::Drift::Real estate bookmarks::Food&Recipes::Лекари::Рецепти::Кредити::имоти под наем