Reasons to Invest in Real-Estate in Dubai
What Makes Dubai Special? The biggest and most populous city of the United Arab Emirates (UAE), Dubai has emerged as a global business and commercial hub over the past few decades. Aside from that, it is also a major transportation center for passengers as well as cargo. While the city’s oil resources helped accelerate its initial development, less than 5% of its revenue today is dependent upon oil and Dubai has proved to be one of the early movers in the Middle East in reducing its dependence on petroleum by focusing on trade and technology. The early adoption of a Western-style business model allowed Dubai’s economy to flourish. Sectors such as real-estate, finance, tourism and aviation have now become the most important in the city’s economy, contributing the most to its revenue. Innovative and seminal construction projects like the Burj Khalifa have in recent years brought Dubai into the global limelight, with the city becoming famous for its iconic skyscrapers and high-rises....