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INFRASTRUCTURE: Dubai International Airport claims the dual titles of the world’s fastest growing airport and the world’s sixth busiest airport in terms of international passenger traffic, handling 41 million international passengers in 2009. In addition to Jebel Ali Port is the world’s largest man-made port, and estimated more than a 40% increase in its cargo container throughput from 2008 to 2009. served by more than 242 shipping lines. The 19% growth in the UAE ports alone matched the average set by the Middle East, Europe and Africa put together.
TALENT: Given the quality of life and companies here, Dubai attracts among the best talent pool in the Middle East, with over 195 nationalities represented. Many major multinational companies have offices located in Dubai, including Microsoft, Oracle, Nokia, Sony, Boeing, HSBC, Royal Bank of Scotland, Shell, Emirates Airlines, Proctor & Gamble, Adidas and BBC World. Many internationally renowned universities have campuses located in Dubai, such as the American University, Michigan State University, Rochester Institute of Technology, Wollongong University, London School of Economics, London School of Business and Hult International Business School.
FREE TRADE ZONES: Provide industry-specific market infrastructure and tax incentives for industries such as: Financial Services & Commodities – Dubai International Financial Centre and Dubai Multi Commodities Centre ,Healthcare – Dubai Health Care City, Media & Technology – Dubai Internet City, Dubai Media City and Dubai, Biotechnology & Research Park.
QUALITY OF LIEF: The UAE was ranked #1 as the country with the best quality of life in the MENA region, and 15th in the world out of 160 countries, in addition to the strong infrastructure of telecommunications, roads and airports, the UAE received its ranking based on its numerous consumer and recreational facilities, public infrastructure, safety and virtually crime-free, tolerant society. The UAE is also known for its world-class entertainment, luxurious leisure facilities and excellent value shopping.
TRADE & INVESTMENT: Dubai’s non-oil foreign trade grew 38% in 2008 to AED 934.7 billion (US $254.7 billion), regional hub for trade and investment of commodities such as gold & precious metals, diamonds & colored stones & energy
Taxation: NO personal income tax, capital gains tax or withholding tax.v, 100% repatriation of capital and profits, no minimum capital investment and no need for a local partner.
TOURISM: More than 7 million tourists , Dubai hosts various art & culture festivals, such as the Dubai International Film Festival and Dubai Jazz Festival, and sporting events like the Dubai Golf Desert Classic, Formula 1 Race (Abu Dhabi), Rugby 7’s, Dubai World Cup of Horse Racing and international cricket matches. In addition to Dubai Shopping Festival, Desert Safari, Burj Khalifa), Ski Dubai, numerous beach resorts, Global Village and various shopping malls, including the world’s largest, Dubai Mall.
DUBAI PROPERTIES MARKET
The Properties market in Dubai has seen rapid growth and changes in recent years. The continuing strong performance of the economy and high levels of tourism underpins the strong demand for real estate in Dubai. With mortgage availability gradually increasing and creating more demand as property business in Dubai will be a strong investment opportunity.
EXPO2020
Since the first Great Fair of 1851, World Expos have continued to be one of the largest and most enduring global mega-events. Lasting six months attracting 25 million visits with 70 %of which from overseas to explore and discover pavilions, exhibits and cultural events staged by hundreds of participants including nations, international organizations and businesses, Under the theme of Connecting Minds, Creating the Future, echoing the powerful spirit of partnership and co-operation.
The largest trade show on earth, 438-hectare EXPO2020 will have an enormous impact on emirate’s economic growth, gaining Dubai significant economic, cultural, technical and promotional benefits. continuation of infrastructure improvements with over AED 100 billion in revenue , This Event will witness more than 80 million visitors , hundreds of thousands hotel accommodation rooms in addition to the creation of more than 200,000 jobs between 2013 and 2021 which will significantly boosts Dubai market, jobs, salaries, property prices, tourist influx & construction sector.
Even with all the new hotels being built, the hotel industry will not be able to accommodate the expected 20 million tourists per year. This problem, creates plenty of investment opportunities which will generate return from either rent and/or appreciation of property and investment value.