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Country FlagDubai (in Arabic: دبيّ, Dubayy) can either refer to one of the seven emirates that constitute United Arab Emirates (UAE) in the eastern Arabian Peninsula, or that emirate's main city, sometimes called "Dubai city" to distinguish it from the emirate. The modern emirate of Dubai was created with the formation of the United Arab Emirates in 1971. However, written accounts documenting the existence of the city have existed at least 150 years prior to the formation of the UAE. Dubai shares within a federal framework, legal, political, military and economic functions, with the other emirates, although each emirate has jurisdiction over some functions such as civic law enforcement and provision and upkeep of local facilities. Dubai has the largest population and is the second largest emirate by area, after Abu Dhabi and, with Abu Dhabi, is one of only two emirates to possess veto power over critical matters of national importance in the UAE. Dubai has been ruled by the Al Maktoum dynasty since 1833. The city's current ruler, Mohammed bin Rashid Al Maktoum is also the Vice President and Prime Minister of the UAE.

Popular: The Dubai Expat Diaries | Casa del Mar - Buy your dream home in the Dubai Marina (Real Estate) | www.realestatepropertysite.com
Geography: The Dubai creek runs northeast-southwest through the city. The eastern section of the city forms the locality of Deira and is flanked by the emirate of Sharjah in the east and the town of Al Aweer in the south. The Dubai International Airport is located south of Deira, while the Palm Deira is located north of Deira in the Persian Gulf. The western section forms the locality of Bur Dubai and is bordered almost entirely by the emirate of Abu Dhabi. Much of Dubai's real estate boom has been concentrated to the west of this region, on the Jumeirah coastal belt and along Sheikh Zayed Road (E11). Port Rashid, Jebel Ali, Burj Al Arab, the Palm Jumeirah and theme based free zone clusters such as Business Bay are all located in this section. The Sheikh Zayed Road and Emirates Road (E311) are the main arteries of Dubai; and run roughly parallel to each other in the western section of the city, before eventually diverging sharply near Jumeirah. The eastern and western sections of the city are connected through the Al Maktoum bridge, the Al Garhoud bridge and the Al Shindagha tunnel. A large new bridge (the 'Business Bay Bridge') with 6 lanes in each direction was opened in May 2007 , across the creek a little to the south of the Al Garhoud Bridge. It is the first new bridge to be built in thirty years.

Economy / Property / Real Estate: The government's decision to diversify from a trade-based but oil-reliant economy to one that is service and tourism-oriented has made real estate more valuable, resulting in the property appreciation from 2004–2006. Large scale real estate development projects, undertaken by firms such as Emaar Properties, have led to the construction of many skyscrapers such as the Emirates Towers and the world's tallest hotel, the Burj al-Arab.  Burj Dubai, also being constructed by Emaar Properties, is expected to become the world's tallest structure.

The Dubai Expat Diaries

Latest Posts from: The Dubai Expat Diaries: The Dubai Expat Diaries is an online expatriate journal for expats moving to, living and working in Dubai and the United Arab Emirates

Change in Expat Family Visa Requirement - Minimum Salary Raised
According to Gulf News, expats who wish to bring their families here will now be required to earn minimum AED 10,000 and also rent an independent accomodation: Major General Nasser Al Awadi Al Menhali, director general of the Naturalisation and Residency Department (NRD), said the decision was made after a study by the Ministry of Interior [...] Related posts:
  1. Apartment Rents in Dubai Stabilise It seems like there will finally be some respite for...
  2. The Dubai Cares Charity Campaign - Dubai CARES is a great success - Over $220 Million Raised to combat poverty “If we want to champion prosperity and progress, we...
  3. Compulsory Emirates Identity Card - Download the Application Software If you still haven’t heard about the compulsory Emirates ID...
Looking for good bargains? Check out Dubai Flea Market
The latest shopping craze for credit-crunched Dubai expats - the Dubai Flea Market has become a big hit where people can buy and sell almost any used items. The last event in May witnessed crowds of upto 4,500 visitors. It is being held indoors for the summer at the Al Safa Hall in Jumeirah. The [...] Related posts:
  1. Beat the heat with Dubai Summer Surprises 2009 The Dubai Summer Surprises is back again with lots of...
  2. Attention brides-to-be! The Bride Show is here again One of the largest and most prestigious bridal exhibitions in...
  3. Shopping Alert - Month Long Festival at Dubai Mall Dubai Mall is hosting a month-long shopping festival from April 30...
Beat the heat with Dubai Summer Surprises 2009
The Dubai Summer Surprises is back again with lots of fun family events and shopping offers to keep us entertained this long, hot summer. Starting from June 11, this popular festival is scheduled to go on till August 14, with a wide range of attractions all over Dubai. If you are planning to book a hotel [...] Related posts:
  1. Get away from Dubai for free this Summer - Barasti goes on Tour to Cancun, Miami and Ibiza Barasti is back with it’s extremely popular “Barasti on Tour”...
  2. Al Maktoum International Airport to open by end of 2009? According to a recent Arabian Business news report, “the first flight...
  3. A summer of Barasti! Free drinks at the hottest bar in Dubai this summer.   Barasti just got a whole lot hotter this summer…...
Hotel Business Game for CEOs, Hotel Managers and Students
If you’ve always dreamed of sitting at the helm of your global hotel empire…and  terms like RevPAR, GOPPAR, bottom line profits and market share come easy, then perhaps it’s time you put your skills to the test! YoungHotelier.com is proud to introduce the first-ever real-time real-world business simulation for the Hotel Industry, in affiliation with [...] Related posts:
  1. Hotels - Sheraton Voted Best Business Hotel Chain in the Middle East and Starwood Preferred Guest Sweeps both Business Traveller and Freddie Awards Dubai, UAE , May 2007 - Readers of Business...
  2. Hotel Online Marketing - Jobs & Careers in E-Commerce for Hotels, Hospitality & Travel Fancy a career in online marketing for the hotel industry?...
  3. The Future UAE & Middle East 2020 - Futurist Rohit Talwar explains trends, business, economy, travel, hotels, emerging markets and much more I had the pleasure and honor of doing an...
Save upto 30% this Summer at Starwood Hotels in Europe, Africa and the Middle East
A great summer special offer on Hotel Bookings throughout the region and beyond…If you’re looking to get away this summer, this offer should come in handy! Details below: An Eternal Summer! Enjoy upto 30% off if you stay 3 nights or longer. Book by July 31st and stay all the way through September 30th. Escape to hundreds of [...] Related posts:
  1. Hotels - Sheraton Voted Best Business Hotel Chain in the Middle East and Starwood Preferred Guest Sweeps both Business Traveller and Freddie Awards Dubai, UAE , May 2007 - Readers of Business...
  2. Get away from Dubai for free this Summer - Barasti goes on Tour to Cancun, Miami and Ibiza Barasti is back with it’s extremely popular “Barasti on Tour”...
  3. A summer of Barasti! Free drinks at the hottest bar in Dubai this summer.   Barasti just got a whole lot hotter this summer…...
Shopping Alert - Month Long Festival at Dubai Mall
Dubai Mall is hosting a month-long shopping festival from April 30 – May 29, with exciting shopping deals and giving shoppers who spend AED 500 or more the chance to win AED 10,000 cash in daily raffles, not to mention the Grand raffle at the end giving away a million Dirhams to one lucky shopper.  A unique [...] Related posts:
  1. Ibn Battuta giving away AED 10,000 gift card for Dubai Shopping Festival 2009 As the global credit crunch hits the pockets of average...
  2. Dubai Shopping Festival 2009 - Calendar of Events Here’s the follow up on my previous post on the...
  3. Dubai Shopping Alert - New Mall opens in Dubai Marina There has been a new addition to the ever-growing list...
Parking fees can now be paid via SMS
RTA has launched a new service called “mpark” which will enable Dubai residents to pay their parking fees more conveniently through their mobile phones.  This will make it very easy to extend the parking time without having to rush to the parking machine each time for another ticket. This service will initially cover Dubai Media City, [...] Related posts:
  1. The Dubai International Boat Show 2008 at Mina Seyahi, Jumeirah Beach WATER BUSES READY FOR TOMORROWS OPENING OF DUBAI INTERNATIONAL BOAT...
  2. RTA Dubai offers SALIK users more services and options SALIK users in Dubai will be happy to learn...
  3. Apple iphone now available in Dubai The iPhone 3G has finally arrived here after being officially launched by etisalat. “iPhone is...
Dubai Health Clubs - 6 months free at Club Mina on Jumeirah Beach
The popular Club Mina has come out with a great summer offer for new members – join for a year and get another 6 months free. Additional nifty perks include great discounts on dining, rooms, spa, etc and beach passes for the family. Check out the details below or on the radio campaign currently running [...] Related posts:
  1. Video Collage of the new Westin Dubai Mina Seyahi Beach Resort A great video collage with Westin music featuring shots...
  2. Hospitality Jobs, Careers at the Westin Dubai on Jumeirah Beach, Dubai - opening Q4 2007 Step into a new career with the Westin Dubai…Be inspired....
  3. Dubai Hotel Jobs - The Landmark Westin Dubai Mina Seyahi, Jumeirah Beach set to open early 2008   The Westin Dubai Mina Seyahi Beach Resort & Marina...
Rihanna concert cancelled
Rihanna’s first gig in Dubai, originally scheduled for May 28, has been cancelled after all. She has been quoted as saying “it’s just not the right time for her”. It seems she is to keen to perform in this region but at a later date. Related posts:Rihanna to perform in Dubai! US pop star Rihanna [...] Related posts:
  1. Rihanna to perform in Dubai! US pop star Rihanna has scheduled her big comeback...
  2. Beat the heat with Dubai Summer Surprises 2009 The Dubai Summer Surprises is back again with lots of...
Rihanna to perform in Dubai!
US pop star Rihanna has scheduled her big comeback concert since the Chris Brown controversy with a performance in Dubai. It is going to be held on May 28 but no other details about the concert are out yet.  “There will be over 25,000 tickets available,” says Mary Rachelle Cherpak, a spokeswoman for Dubai Tourism. “They [...] Related posts:
  1. Gipsy Kings to perform in Dubai on 31st December and 1st January The popular Gipsy Kings are all set to bring...
  2. Irish Enthusiasts - The Dubai Irish Festival comes to town in January ATTENTION ALL IRISH ENTHUSIASTS! DUBAI IRISH FESTIVAL Don’t miss...
  3. Rihanna concert cancelled Rihanna’s first gig in Dubai, originally scheduled for May 28,...
 
Latest updates from the Property and Real Estate Sector:
AME Info | Real Estate

Dubai Investments to reimburse Mirdiff Hills buyers
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments, is giving a 100% refund to its investors on the Mirdiff Hills project, which it has put on hold due to unavailability of mortgage financing, Emirates Business has reported. Khaled Kalban, Managing Director and CEO of Dubai Investments has said DIRC would continue with the project should the lending scenario improve in Dubai.


KEO to oversee Marsa Zayed
Abu Dhabi-based Al Maabar, the real estate development investment company, has awarded KEO International Consultants a six month Program Management contract to work on Aqaba's $10bn Marsa Zayed development in Jordan. Groundbreaking for the project is scheduled in early 2010 and will cover over 6 million sq.m of built-up area, making it the largest tourism project in Jordan's history.


Al Mazaya to deliver stage one of The Villa in July
Al Mazaya Holding Company has said that it will start delivering units of its Dhs1bn project 'The Villa', located in Dubailand, to its owners in three stages; stage one plots (104 villas) will be delivered in July, stage two plots (150 villas) in October this year, while stage three plots (446 villas) will be handed over in March 2010.


Emaar may have to raise funds after merger, says analyst
Emaar Properties, which had announced a plan to combine with part of Dubai Holding last week, may have to raise funds if it proceeds with the transaction, according to Nomura Holdings. 'Emaar may have to raise equity, and possibly a lot, to support its private development counterparts because of their combined debt,' Chet Riley, a Dubai-based analyst at Nomura, wrote in a note to clients.


Moody's to review Emaar rating
Moody's Investor Services has announced that it has downgraded Dubai Holdings Commercial Operations Group (DHCOG) to A3 from A2, and has placed Emaar's Baa1 rating on review for downgrade. The group says that these actions reflect: 'continued fundamental challenges to both companies' business and financial profiles in the wake of difficult conditions on Dubai's property market, despite a recent agreement to merge both entities.'


Abyaar eyes Kuwait's Sanam Real Estate
Abyaar Real Estate Development Co. is planning to acquire Sanam Real Estate Co., a real estate company listed on the Kuwait Stock Exchange, Emirates Business has reported, citing a source familiar with the deal. 'We are certainly looking for acquisitions and our priority will be in Kuwait,' an Abyaar spokesman said, but declined to confirm the report.


Standard Chartered to offer 'Easy Loan' mortgages
Dubai Properties has said it has forged an alliance with Standard Chartered Bank to offer 'Easy Loan' mortgages, a funding option to prospective buyers and existing owners of residential units at the Executive Towers in Dubai's Business Bay development. The bank will directly evaluate the customer's property through independent surveyors and offer the finance with minimal documentation requirement from the client. In order to benefit from the Easy Loan mortgage product, customers must be resident in the UAE and should meet the minimum eligibility criteria of the bank.


Mazaya decides not to purchase remaining First Dubai shares
Kuwait-based Al Mazaya Holding has decided not to proceed with a plan to purchase the shares it doesn't already own in First Dubai Real Estate Development Co. The company has said in a statement to the Kuwaiti bourse it would have gained 'only marginal benefit' from purchasing a 33% stake in First Dubai.


Emaar shares tumble on merger concerns
The stock price of Emaar Properties has plunged due to concerns that a potential merger could result in asset writedowns and increased liabilities for the company. The shares lost 4.2% to Dhs2.77 at 11:50am in Dubai, bringing the slump for the month to 20%, according to Bloomberg. The shares are heading for their lowest close since May 21.


Manara unveils $1bn Bahrain waterfront project
Manara Developments, the real estate company owned by Al Salam Bank Bahrain, has said it has finalised the master plan for the $1bn Bahrain waterfront project. The Nurana project, which spans 2 million sq.m of waterfront land overlooking the Bahrain Fort, comprises a mix of coastal villas, water-view apartments, retail, entertainment, tourism and office amenity. Reclamation works for the currently submerged site are estimated at a cost of $74m.