Why Dubai “Residence & Convenience”

•Are you a newly married young couple and thinking of a place to start your professional as well as family life?

•Are you a qualified professional who spent years building your knowledge and experience and wondering where is the best place to utilize and grow these Human personality capital?

•Are you remarkable in what you do? And seeking a place where you would be granted what you deserve of professional care and attention?

•Are you looking for the most convenient part of earth to spend your retirement and enjoy your life after your long life journey of hard work and achievements?

The answer for all these questions is only one: “Dubai, the world’s local city.”

For many years, Dubai government and leadership has been working with a rocket speed to satisfy every person’s needs and requirements and preparing whatever it takes to sublime to this city’s visitors and residence expectations regardless of their nationality, origin, belief or mindset.

The results of these long years of hard work, planning, and controlled execution we witnessed and will continue to do through the facts and figures that are reflecting on every sector being, investment, Tourism, Hospitality and many more..

Dubai was and still the answer for many people who have been searching for the perfect answer of their inquiries. And if you are still wondering why Dubai was the choice of these people, then here are a collection of reasons that clarifies the achievements of this city from a current dated point of view:

Let us go through the following journey of facts and figures to reflect why we believe that Dubai is your best destination and to reflect the sense of continuity that we are getting every day while we enjoy living at this wonderful city:

WHY DUBAI CONVENIENCE

•Dubai, without any doubt, is considered to be one of the safest cities in the world.

•Strategically located at the crossroads of three continents: Europe – Asia and Africa with easy 3 hours flight access.

•Highest international standards for business, tourism and lifestyle.

•State of the art infrastructure and world-class business environment which are growing every day.

•No income taxes.

•No foreign exchange controls, trade barriers or quotas. And no restrictions on capital repatriation.

•The land of more than 195 nationalities and cultures, being a multilingual and multicultural city.

•The fastest growing city in the region and one of the highest growth rates in the world for the last decade.

•Global Property Guide states that the gross rental yields in Dubai are among the highest in the world, with smaller apartments offering rental income of 7.21 per cent.

•Property prices are inexpensive in contrast to other similar trading hubs around the world.

•Dubai Expo 2020 which expects to attract 25 million unique visitors and up to 33 million visits over the six-month period

•Dubai’s answer to the lake of leisure destinations in the area was through a multi-million dollar “Dubai Parks & Resorts”. The first of its kind theme park in the Middle East.

•Dubai International Financial Center, Dubai Media City, Dubai Internet City, Dubai Biotechnology and Research Park, Knowledge Village, Dubai Healthcare City and many other strategically created destinations.

•The largest Man-Made port in the world, the busiest Airport in the world and the most attractive tourist as well as shopping destinations in the middle east have all contributed to the workstyle and lifestyle of this city

WHY DUBAI INVESTMENT  FACTS & FIGURES

•In March 2016, Savills World Research report rated Dubai as the most ‘affordable’ city to purchase a home in compared with to other major international hubs such as London, New York, Hong Kong, Paris, Mumbai, Singapore and Sydney.

•In May 2016, Knight Frank – UK said in a statement to Emirates 24/7 that $1 million (Dh3.67 million) could buy 155 square metres of prime property in Dubai compared to only 17 square metres in Monaco, 21 square metres in London, 20 square metres in Hong Kong and 39 square metres in Singapore.

•Global Property Guide states that the gross rental yields in Dubai are among the highest in the world, with smaller apartments offering rental income starting from 7.21 per cent.

•In comparison, gross rental yields in Hong Kong stand at 2.82 per cent, India 2.22 per cent and Singapore 2.83 per cent, while London is between 2.72 per cent and 3.20 per cent.

•Dubai Land Department has set solid measures and tactics to control the real estate market and give the investor rights that does not exist in most of the cities in the world.

WHY DUBAI TOURISM FACTS & FIGURES

•Emirates 24/7 Feb 2017: Dubai is aiming to welcome at least 20 million visitors to the city by 2020.

•Dubai welcomes record 14.9m overnight visitors in 2016. Raising from 9.3 m in 2011. As per Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), recording a healthy five per cent (5%) increase over 2015, and an impressive 4-year CAGR (combined annual growth rate) of eight per cent (8%) (2012-2016) since the launch of 2020 tourism strategy.

•This performance route which reflects twice the global travel industry growth of circa (4%) over the same period as forecasted by the United Nations World Travel Organization (UNWTO), cements the foundation for Dubai Tourism to maintain stable momentum over the next three years and attain its 2020 goals.

•Khaleej Times Dec 2016: UAE’s tourism and leisure sector, a key pillar to the nation’s post-oil economy, is projected to reach Dh237 billion by year 2026.

•Khaleej Times Dec 2016: Dubai has jumped to the top rank based on international visitor spending of $31.3 billion, far exceeding the second-ranked London, estimated at $19.8 billion, according to Eyad Al Kourdi, SVP and GM, UAE, MasterCard.

•Several Global award winning airlines operates from Dubai to perfectly serve the tourism sector and sublime to the high standards created for this city.

•UAE issued recently a resolution to enable all of the Chinese nationals, Russian nationals, Indians with Green cards and others to enter UAE with a visa on arrival.

WHY DUBAI HOSPITALITY FACTS & FIGURES

•“Dubai hotels have recorded strong occupancy levels during the first quarter of 2017, according to new data from industry analysts STR.” Hotelier Middle East 24/04/2017

•“Based on preliminary data, Dubai recorded an occupancy level of 86.3% in 2017, which was a 2.7% uplift compared with Q1 2016”. Hotelier Middle East 24/04/2017

•At the Arabian Hotel Investment Conference (AHIC) on 26 April, Robin Rossmann, STR’s managing director, notes that Dubai’s strong demand is impressive considering the significance of supply growth in the market. “With more than 42,000 rooms currently Under Contract, Dubai has the largest pipeline of any city in the world,” Rossmann said. Dubai continues to attract substantial leisure business, so this is definitely one of the top markets in the industry to keep an eye on from both a supply development and performance perspective.

•Dubai, the regional hub for hospitality, tourism and shopping, has been named a top 10 global destination for business, leisure and shopping tourists, in a research exercise by Genesis Consulting ME.

•Dubai plans to double the number of hotel and serviced apartments leading to revenue of $10bn, according to a report by Alpen Capital.

•“Dubai experienced an increase across all KPIs, including the highest RevPAR of $273, an increase of 18.7 per cent when compared to last year. Dubai also saw the highest occupancy in April at 88 per cent and the highest average room rate of $310,” said Yousef Wahbah, Mena head of transaction real estate at EY.

•Despite the influx of new hotels, Dubai has managed to sustain extremely high occupancy levels year-on-year. Mena Hotel Benchmark Survey Report by EY

•“Dubai’s hospitality market has emerged as the top Mena performer in January 2017, representing the highest occupancy at 85.7 per cent and highest revenue per average room (RevPAR) over three times the average RevPAR recorded in other Mena cities.” Khaleej Times March 10, 2017.

Dubai is Dubai. There is not another word to describe or define what it stands for as it is a story by its own that was created out of hard work, dedication and most of all an ambitious vision of H. H. Sheikh Mohammad Bin Rashid Al Maktoom, Vice President and Prime Minister of UAE, Ruler of Dubai, supported with the most efficient and advanced tools and technologies that have never existed before our current time.

Welcome to the new world of: “Dubai, the world’s local city.”