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

Edit

Looking for a stylish stay in Dubai? Book a room at The Muse 45

Time Out Dubai 18 Jul 2024
Get ready for an uber stylish stay at this hotel in Dubai ... Plus, it’s only a 10-minute drive from La Mer Beach — an ideal spot for sunset seekers or to finally try Dubai’s extensive watersport offering ... Looking to stay in Dubai for longer? There are also apartments in the building that you can rent and live in....
Edit

Hotel apartments v residential flats in Dubai: The pros and cons of each

Time Out Dubai 17 Jul 2024
In Dubai Marina, you can get a monthly room rate at Rove Dubai Marina from Dhs5,999 per month and according to Property Finder, the rent for a studio apartment starts from Dhs4,500 per month ... If you’ve been living in Dubai for a while, do a price comparison between the hotel apartment fees and renting a residential flat....
Edit

Dubai real estate: Are apartments worth investing in right now? Property experts weigh in

Arabian Business 17 Jul 2024
Dubai property experts weigh pros and cons of apartment investment as rents soar and market nears potential peak .......
Edit

Buy or rent apartments in Dubai? Top performing real estate areas revealed, with one neighbourhood ...

Arabian Business 14 Jul 2024
Dubai apartment prices have increased 17 per cent in past year and rents are up more than 20 per cent. Is it time to buy? .......
Edit

Dubai: Can landlords evict tenants before contract expires if they intend to live there?

Khaleejtimes 07 Jul 2024
I own a villa in Dubai that I have rented out ... property to reside in Dubai, provided they reside in the same for at least two years upon obtaining repossession of the rented property from a tenant and ... Illegal evictions amid rent hikes spark concern among residents Dubai....
Edit

Budgeting explained: tips for living in the UAE on a salary of Dh10,000

Gulf News 05 Jul 2024
Rent is typically the most significant monthly expense for UAE residents and can quickly devour a significant portion of your income ... This limits options to studio or one-bedroom apartments in communities such as Deira, Bur Dubai, Discovery Gardens and International City, where rents are more affordable....

Most Viewed

In this photo taken from video released by the Russian Defense Ministry on Friday, July 19, 2024, a Russian self-propelled multiple rocket launcher Uragan  (Hurricane) fires toward Ukrainian position at an undisclosed location in Ukraine.
AP / Russian Defense Ministry Press Serv

Could a Change in Tone Lead to Peace Talks in Ukraine?

Antiwar | 19 Jul 2024
Formerly Twitter X logo
Creative Commons / photo by BoliviaInte

Elon Musk Ends This Feature On X Amid Trump vs. Biden Saga

CoinGape | 19 Jul 2024
×