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Dubai at a glance "The fastest growing city in the world"
Dubai’s success story as a world leader in enterprise and innovation has earned the city international accolades and established it as a leading commercial, trading and tourism hub. Landmark projects have confirmed Dubai as a dynamic, business friendly Emirate with an outstanding track record of executing major projects. 
Dubai continues to look forward, by constantly developing new innovative projects that are aligned with its leaders’ vision of making the country a destination of choice for businessmen and tourists from around the world.
A significant player in the global economy, Dubai has been a pioneer in the growth of the United Arab Emirates. Its strategic location at the crossroads of trade and commerce between the East and West, progressive governance, liberal policies, business friendly regulations and a highly favorable customs framework has played a key role in attracting investment from all over the world in practically every sphere of economic activity.
All in all, Dubai provides a vibrant cosmopolitan environment that fosters growth and has become an icon for 21st century living.
Pro Business Attitude:
- Dubai believes that “if it’s good for business, it’s good for Dubai”
- Sophisticated fast track business set up (in 20 minutes in free zones)
- 139 of the G500 MNC’s in Dubai, 9 out of the top 10 presently in Dubai
- Robust economic clusters including technology and internet hubs, media hub, finance hub and healthcare hub
- World class free zones
Tax Environment:
- No Corporate Tax
- No Income Tax
- No Capital Gains Tax
Business Environment:
- 100% Ownership in Free Zones
- No foreign exchange controls, trade barriers or quotas
- No restriction on capital repatriation
- State of the art telecommunications
- Competitive energy costs
- Access to low cost regional talent
Property / Yields:
- Property prices estimated to be circa 50% below market value compared to Hong Kong, Singapore, Kuala Lumpur
- Dubai property prices currently 25% - 30% of Dublin values
- Residential capital appreciation – up to 15% pa
- Residential rental yields – up to 15% pa
- Commercial yields – up to 20% pa
- Freehold Property
- Rent paid in advance
- Finance available [on selected projects]
Landmarks / Achievements:
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The worlds first “7 star” hotel – Burg Al Arab
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Tallest building in the world ‘Burg Dubai’ - ‘Al Burg’ will be 20% taller.
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Biggest mall in the world – Dubai Mall
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Biggest Theme Park in the world - Dubailand
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Biggest airport in the world - Jebel Ali International Airport (2012)
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Biggest airline in the world – Emirates (2012)
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Worlds safest city ( 4 years in a row) – Interpol
Extreme Developments:
Figures:
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Population – 1.5 million
- Population predictions of 3 – 5 million by 2012
- Tourist numbers circa 5 – 6 million p.a.
- Tourist number predictions of 12 – 15 million p.a. by 2012
Sport Events:
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PGA Desert Classic
- Dubai World Cup ( World’s richest horse race )
- ATP Dubai tennis Championship
- Class 1 World Offshore Powerboat Championship
- Standard Chartered Dubai Marathon ( World’s richest marathon )
Quote:
“I like challenge. If I see something impossible, I want to make it possible. We also make it possible for everyone to dream and then we transform dreams into reality.”
Sheikh Mohammed bin Rashid al Maktoum, Ruler of Dubai
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