Some good reasons to invest in Dubai

fcrs · #1 27-07-2007, 01:07 AM

1. Dubai is one of the safest cities in the world .

2. Liberal economic system.

3. No corporate tax, no income tax.

4. No foreign exchange controls, trade barriers or quotas.

5. 100% repatriation of capital and profit.

6. Dubai international Airport rant 5th in the world.

7. By 2010, Dubai will operate the largest airport in the world.

8. Dubai is expected and prepared to absorb hundreds on thousands of residents and some 15 million tourists and 120 million passengers by 2010

9. Strong investor incentives and protection.

10. 20 World class free zone, with 100% foreign ownership, 100% commercial levies, 100% corporate tax exemptions and 100% import & export tax exemptions.

11. Population growth of around 6% per annum.

12. Dubai is No. 1 city in the GCC countries according to latest Economist intelligence unit (EIU) survey.

13. Dubai holds the 1st position in the Middle East for attacting international investment banks,companies,institutions,NGOs and other.

14. One of the lowest crime rates in the world.

15. More then 20% of the world’s construction cranes are being used to build more than 200 new mega projects in Dubai.

16. Real estate experts claimed that Dubai will need at least around 500,000 additional residential units in the next 8 to 10 years.

17. The largest mall in the world in 2009, Dubai mall will be 12.1 Million Sq. ft with 16,000 car spaces and is expected to attact over 35 million visitors in the first year of operation.

18. Mall of Arabia (part of City of Arabia), due to open in 2008, will be 10 Million Sq ft when completed, making it one of the world’s biggest malls.

19. Dubai generates 73% of the UAE’s non-aol revenues.

20. A handling capacity of 55 million TEUs a year is expected by the year 2030 for Dubai Ports Authority (DPA)

Sameer Nizamuddin
+971502289901