Dubai

Dubai (/dˈb/ doo-BY; Arabic: دبي Dubayy, Gulf pronunciation: [dʊˈbɑj]) is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. By the 1960s Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969. Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08, but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

Latest News for: Lagoons dubai

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Azizi Developments unveils Monaco Mansions, part of Azizi Venice, at grand launch event

Eye Of Riyadh 28 Nov 2024
Set entirely on a swimmable, crystal-blue body of water - one of the largest lagoons of its kind in the world - Azizi Venice is located in Dubai South, the growth corridor of the emirate. This exclusive collection of over one hundred bespoke mansions represents Dubai's most ......
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7 incredible spas in Dubai to spend all day at

Time Out Dubai 28 Nov 2024
Sometimes you just need an indulgent treatment at one (or a couple) spas in Dubai ... Spa deals in Dubai. Half price treatments at Palazzo Versace Dubai if you book on this day ... And where better to do that than at one of the best spas in Dubai? Here are our pick of the most gorgeous spas in Dubai – which you certainly won’t want to leave....
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Singapore’s first APAC Fund to invest up to Dh5 billion in Dubai’s AMIS development

Khaleejtimes 27 Nov 2024
First APAC Fund VCC (Fund), a leading Singaporean investment fund, has signed a Memorandum of Understanding (MOU) to invest up to Dh5 billion in Dubai-based AMIS Development. The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments....
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Azizi Developments unveils Monaco Mansions, part of Azizi Venice

Khaleejtimes 26 Nov 2024
Set entirely on a swimmable body of water - one of the largest lagoons of its kind in the world - Azizi Venice is located in Dubai South, the growth corridor of the emirate. This collection of over one hundred bespoke mansions represents the latest addition to Dubai’s ultra luxury market....
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Singapore fund invests Dh5 billion in Dubai's AMIS Development

Gulf News 26 Nov 2024
Dubai. Singaporean investment fund First APAC Fund VCC has inked an MoU to invest up to Dh5 billion in AMIS Development – a real estate developer based in Dubai. AMIS Development has multiple upcoming projects in major areas of Dubai ... Dubai’s burgeoning real estate sector and AMIS ......
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Dubai's new 'islands' out to create another offplan property wave

Gulf News 21 Nov 2024
Dubai. It’s not just offplan property launches that are booming in Dubai – there are ‘islands’ too. Coming off the project pipeline is ‘Damac Islands’, located in Dubailand and with clusters such as Dubai Investments Park and Sports City just 15- to 20 minutes away ... in Dubai....
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Are Dubai's new 'islands' out to create another offplan property wave?

Gulf News 21 Nov 2024
Dubai. It’s not just offplan property launches that are booming in Dubai – there are ‘islands’ too. Coming off the project pipeline is ‘Damac Islands’, located in Dubailand and with clusters such as Dubai Investments Park and Sports City just 15- to 20 minutes away ... in Dubai....
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Are you allowed to swim in the Dubai Creek?

Time Out Dubai 16 Nov 2024
If Dubai were a living, breathing entity, then Dubai Creek would undoubtedly be its heart ... A brief history of Dubai Creek ... Dubai Creek before modernisation Credit ... There’s also the stunning Twiggy by La Cantine, one of the best beach clubs in Dubai with a lagoon-style swimming pool and sweeping views of the Creek and the Dubai Skyline....

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