Property Investment

Why invest in Dubai?

• Year round sunshine
• Tax-free environment
• Cosmopolitan community
• One of the world's highest standards of living
• Low inflation
• One of the safest cities in the world
• Low cost of living
• Stable currency
• Peaceful co-existence of ethnic groups
• Dubai Means Business

As a leading regional commercial hub with a state-of-the-art infrastructure and a world-class business environment, Dubai provides investors with a unique and comprehensive value-added platform that make Dubai the logical place to do business.

The Most Pro Business Attitude

• Robust economic clusters including technology and internet hub, media hub, finance hub and healthcare hub
• Dubai believes that “if its good for business, its good for Dubai”
• Sophisticated fast - track business initiatives (business set up in 20 minutes in free zones)
• 139 of the G500 MNC`s in Dubai, 9 out of top 10 present in Dubai
• World class free zones

The Best Regulatory Environment

• No Corporate Tax
• No Income Tax
• 100% Ownership in Free Zones
• No foreign exchange controls, trade barriers or quotas
• No restrictions on capital repatriation
• Strong investor incentives and protections
• Easy access to key decision makers
• Relatively Low Cost Work Environment
• Access to low cost regional talent
• State of the art telecommunications
• Competitive energy costs
• Competitive real estate costs
• Competitive import duties (4% with many exemptions)
• Less expensive than Singapore, Hong Kong, Cairo and Bahrain

The Best Connected Location in the Region

• Ultra modern airport handling 13.5 million visitors in 2001 connecting to over 140 destinations
• Emirates Airlines consistently ranks among top 5 airlines in world
• Over 630,000 tons of air cargo handled in 2001
• 125 shipping lines with 47 million tons of cargo visited Dubai’s world class ports in 2001

Consistently Strong Economic Outlook

• GDP/Capita over $20,000 among highest in the year
• 10 year GDP Growth 8%
• Diversified economy - oil only contributes 10% to GDP
• Stable currency – pegged to US$ at AED3.67:US$
• Very low inflation (less than 2.5% from 1991 – 2000)
• Non-Oil GDP growth of 9.6% per annum from 1990 – 2000
• Only 1.7% of active population unemployed

Easy Access to Regional Markets

• Total region population of 1.8 billion ($1.5 trillion of combined GDP)
• Access to huge talent pool of 13.8 million skilled degreed candidates
• World-class land, sea, air cargo infrastructure

Strong Foreign Trade

• Third most important re-export center in the world (after Hong Kong and Singapore)
• Ongoing effort to become a member of WTO
• Trade makes 16.4% of GDP compared to 14.5% for Singapore
• 9.2% growth in non-oil trade between 1989 and 1999

Thriving Tourist Destination

• 11.6% of Dubai GDP invested in tourism
• Hotels rank amongst the best in the world
• Over 2.8 million tourists visited Dubai in 2000
• World class restaurants, beaches and tourist attractions
• Internationally renowned sports facilities including golf, tennis, water sports, horse riding, dune driving and sand skiing.

Cosmopolitan Work Environment

• Over 185 nationalities
• Expatriates comprise of more than 75% of the UAE population
• Strong work ethic
• World-class international schools
• Excellent facilities for leisure, sports shopping and healthcare
• Progressive, tolerant and multicultural society
• Island of Calm in a Turbulent Region
• Stable economy with relatively low volatility
• Continuous political stability since its inception in 1971
• Ranked 23rd in 2002 Index of Economic Freedoms