About Dubai
Submitted by admin on Sun, 2006-04-09 19:41.| The Emirate of Dubai in the U.A.E. is one of the great
success stories internationally in the process of economic development.
Traditionally the trading hub of the Region, Dubai is now extending its
success into tourism and knowledge based industries. Testament to Dubai's
arrival on the international stage is hosting of the prestigious IMF/World
Bank meetings in September 2003. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, his vision is to provide the best the world has to offer. In the pursuit of excellence the Government has always looked upon the private sector as full partners. With no personal corporate or sales taxes, foreign direct investment has expanded strongly and mega projects have become synonymous with Dubai's development. Within the residential property sector it has been Emaar's master-planned communities that have been a major contributor to Dubai's economic development. |
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| Dubai's strategic location is also a key
element in its success. The heart of one of the worlds richest regions,
Dubai is located midway between the Far East and Europe. Over 120 shipping
lines and 100 airlines connect to more than 140 global destinations. The
award winning Emirates airlines is ever expanding into new destinations. Multi-national companies increasingly see Dubai as the obvious choice for establishing operations in the Region. Proximity to the Indian subcontinent not only gives access to a market of over 1 billion people but the ability to benefit from an increasingly talented and competitive labor supply. The pursuit of excellence has resulted in producing one of the best infrastructure facilities in the world. State of the art telecommunications, reliable power, modern schools and healthcare are all attracting an increasingly multi-cultural and highly trained workforce. The Government projects a doubling of population by the year 2010. Luxurious living, the finest cuisine and world class shopping are now the hallmarks of Dubai enjoyed by residents and visitors alike. |
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Ibn Battuta Success
Submitted by admin on Sun, 2006-10-22 13:32.This April saw Ibn Battuta Mall celebrate its first birthday, and the
region’s most distinctive mall has been a huge success, 100% let, with
more than 250 retail outlets, and millions of visitors through the doors.
The mall is conveniently located a short walk from Discovery Gardens,
and few residential developments will be able to boast such an excellent
array of retail facilities on their doorstep.
Discovery Gardens - Progress Update
Submitted by admin on Sun, 2006-10-22 13:23.Jumeirah Park - Nakheel
Submitted by admin on Sat, 2006-09-09 17:46.
A-Z of Dubai Property
Submitted by admin on Fri, 2006-06-09 09:47.Dubai Geography
Submitted by admin on Mon, 2006-05-29 09:59.United Arab Emirates, Dubai is located on the southern shore of the Arabian Gulf. It has an area of some 3,900 square kilometers.
Outside the city itself, the emirate is sparsely inhabited and characterized by desert vegetation.
Nakheel Property
Submitted by admin on Sun, 2006-04-16 09:53.Dubai is the fastest growing city in the world, and Nakheel is a key player
in realising the vision of the city for the 21st century: creating a world class
destination for business and tourism.
The city's premier property development company, Nakheel is behind a variety of
landmark developments. Its goal is to redefine the concept of property
development across all sectors – residential, tourist, commercial and retail –
by fashioning unique and genuine solutions, created after extensive research and
planning. Each development is united by a commitment to quality, innovation and
attention to detail.
The roots of Nakheel can be traced to the late 1990s when H.H Sheikh Mohammed
bin Rashid al Maktoum, Ruler of Dubai and UAE Vice President, set out his vision
to make Dubai one of the leading tourist destinations in the world. Wisely he
recognized that in addition to the region’s sunny climate, one of Dubai’s most
attractive features was its pristine beaches besides the clear blue waters of
the Arabian Gulf; however this was limited to 70km. Thus the idea of The Palm
was born – the perfect icon for maximizing beachfront. The Palm shape also pays
homage to one of Dubai's most important symbols: with the palm tree – known as
'the bride of the orchard' - and water the region's most important sources of
food, shelter and trade.
After several years of feasibility studies The Palm was launched in 2001 and
reclamation began that year. At that stage The Palm was its own separate
company. However, with the launch of the second Palm (Jebel Ali), it was clear
the The Palm as a company needed to expand, and so Nakheel (literally meaning
"The Palms") was born in 2003: a key player in building Sheikh Mohammad's vision
of Dubai.
Emaar Property
Submitted by admin on Sun, 2006-04-09 20:49.Emaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. Emaar have witnessed tremendous growth since our inception in 1997. Emaar reported record annual profits of AED 4.731 billion for the year ended December 31, 2005. This corresponded to a net profit increase of AED 3.040 billion of 180%. Net profit for fiscal 2004 was AED 1.691 billion.
Our property revenues increased by AED 3.113 billion or 59 percent to AED 8.361 billion for the year ended 31 December 2005, as compared to AED 5.248 billion for the year 2004. Significantly, the Earnings per Share increased to AED 0.85 per share for the year 2005 from AED 0.33 per share for the year 2004.
