Dubai has witnessed phenomenal changes in the last ten years or so. A city that grew from the the typical desert landscape to a vibrant city that knows no limits; a truly remarkable transformation that has not only proved to the region that there are no limits, it has also captured the eyes of the world. A financial centre, tourist spot, trading hub...it has earned many names.
Over the last couple of years, Dubai has also began witnessing the fruition of what used to be off-plan sketches and images on well presented marketing brochures. Investors and homeowners are increasingly taking ownership of their properties with even more new properties and developments still being announced. But that's not all, the infrastructure has also taken shape to support all the new communities and projects: new bridges, roads, lanes as well as the increase in the number of public transportation which includes the planned Dubai Metro and water bus. The city is truly preparing itself fro the future which is ever so close.
The Dubai Strategic Plan - 2015 (DSP), which was unveiled by his Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, states that Dubai is set to maintain double-digit economic growth, achieve a GDP of US $108 billion and increase real capita GDP to US $ 44,000 by 2015. If we take a historic look at the growth of Dubai over the last decade or so, you will find that such an outlook is realistic and attainable. In fact, as we have already witnessed before, there is no reason why these indicators cannot be surpassed.
With the Growth comes opportunity, and with opportunity one must make choices. Dubai offers so many opportunities for those looking to purchase a property, commercial space, whether it is for living or purely as an investment. But where does one start? This publication is aimed at being your guide to keep you informed and aware of all key real estate projects in Dubai. It provides an overview and offers important information that will help you make better and more informed decisions whilst offering the convenience of reviewing everything in one place.
Dr. Ali Matar
Editor in Chief
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