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: Rent apartment dubai

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Homefront: Can I demand a month's free rent for noisy construction work next to my ...

The National 21 Apr 2025
I have rented a two bedroom apartment in Dubai in a new building at Al Barsha since August 2016 for Dh83,000....
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Dubai inflation cools on softer transport and food costs

Khaleejtimes 21 Apr 2025
While there is some suggestion of a stabilisation in the Dubai property sector, with price growth no longer accelerating, rents for apartments were still up by around 8 per cent year on year in Q1 while villas and townhouses were up by around 20 per cent,” Richards wrote....
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Dubai realty continues to ride a wave of resilience

Khaleejtimes 09 Apr 2025
Dubai Marina holds its throne as the go-to spot for high-end apartments, with average sales prices hitting Dh2.52 million and rents averaging Dh139,000 ... On the affordable end, Dubai Silicon Oasis (DSO) draws buyers with Dh 1.03 million sales prices, while International City lures tenants at Dh52,000 rents....

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