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Stephan Hirzel
11-16-2005, 08:24 AM
Dubai is a top class growth market in all ways. In just 30 years Dubai
has transformed from a desert town into an international glamorous
business capital. The emirate is experiencing a non-stop influx of
companies from all over the world setting-up new branches.

Watched by the whole world Dubai is a city which is changing and
reorganising itself and realising real estate projects which would be
unconceivable in this dimension and architecture elsewhere. A strong
economy with impressive growth rates of 6-8% p.a. combined with the
privilege of tax exemption and high yields have contributed to the fact
that this market has developed to such a great extent.

The Dubai dream is continuing to grow by several hundred metres every
day and not one project has failed in Dubai so far (no matter how
ambitious you are and were).


Dubai is an investment in the future!

The gulf region has fastest growing birth rate in the world. A
population of more than 170 million is expected for 2010. The gulf
region will then be among the major economic zones as well as the EU,
USA and Japan. The economy in the region is growing sharply owing to
increasing wealth due to the oil and gas reserves. In recent years
economic growth was about 5-12% p.a.

Thanks to strong diversification Dubai has managed to be spared from a
slackening of the economy caused by oil prices. The expansion of
infrastructure in the country creates demand for the most varied
products and services.

The government of Dubai under Sheik Maktoum bin Rashid Al Maktoum has
made it their task to create a first-class social and economic
infrastructure in order to secure the quality of life for the
population. The results of the intensive investments of the government
are state-of-the-art facilities, numerous other projects are in the
pipeline.