It is possible to change everything in this life! And the rapid development of Dubai is a vivid confirmation of this!
It’s hard to believe that a few decades ago, Dubai was a simple fishing village! Now the largest city of the United Arab Emirates is one of the most innovative, developed, attractive and most visited places in the world.
Dubai in 1960 and now
Transforming Dubai from a fishing village into a global real estate center is like a miracle! The city with the tallest building in the world and artificial islands in the form of the world’s map, has always been distinguished by ambitious construction projects.
“Dubai will never agree to anything less than the first place,” once noted the Ruler of the Emirate of Dubai Sheikh Mohammed bin Rashid Al Maktoum. And the city really follows this rule.
Indeed, the economic growth of the city almost had no analogues in the world. Unlike neighboring emirates, Dubai had modest oil reserves and understood that diversifying the economies would be necessary for its future success.
As oil production equalized in the early 1990s, the tourism industry continued to develop. In 2002, reforms allowed foreigners to own real estate, and this industry became incredibly developed and popular.
Dubai’s success is a clear example of the direction in which other cities in the region should move.
Dubai has a lot to be proud of!
In addition to the amazing attractions, such as, for example, an indoor ski resort with 22,500 square meters of indoor ski area, in a sometime deserted city, there are a number of projects that Dubai can be proud of:
- The tallest building in the world – Burj Khalifa;
- The world’s tallest hotel – JW Marriott Marquis Hotel;
- The world’s largest shopping center – Dubai Mall;
- The busiest airport in the world – Dubai International Airport;
- The world’s longest fully automated metro network – Dubai Metro;
- The Dubai Frame, with a height of 150 meters, attracts tourists from all over the world to the city and is considered a truly unique masterpiece of architecture.
In fact, the city of Dubai by the number of buildings above 150 meters is the third in the world after New York and Shanghai.
And Dubai is not going to stop at this point.
The development of the real estate and tourism market in Dubai continues to improve, which means that the city’s economic prospects remain as sunny as the weather forecast for its coast, experts say.