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The city is located on the south of the Persian Gulf on the Arabian Peninsula with a population of about 1,771,000 people. Because of a business upsurge that has turned the city into the region's main commercial hub, Dubai city is recorded one of the highest growth rates in urban population. The city has a hot arid climate with hot and dry summers. Dubai is the second most expensive city in the country. Many people are opting to buy flats Dubai and they are even ready to pay good amount of money just to find a permanent shelter in the city. Dubai has a rich collection of architectural style buildings mainly of Islamic architecture. There are many tourist destinations in this city which include Shaikh Zayed Road, Desert Safari, and grand Jumeirah mosque, Jumeirah Beach, Ski Dubai, Dubai Museum, Wild Wadi Water Theme Park, Wonderland Theme Park Dubai and many other attractive places. Dubai’s economy is largely dependent on the oil and petroleum industries. Most of Dubai’s banking and financial centers were headquartered in the port area of the city. Tourism plays an important part of the Dubai government's strategy to maintain the flow of foreign cash into the emirate. To buy house Dubai is one of the priorities for the people who come to work in the industries. The Real Estate property Market in Dubai is a rapidly expanding business in UAE. In terms of political and economic environments, Dubai is one of the few Arabian states open to the West in terms of culture and social integration. Property Investors can expect almost a 30% or more return on any property purchased in Dubai. There will be a rapid turnover in one’s investment if any one invests in any real estate property in Dubai. As it is a commercial region, the property and the investments are being created to cater to a universal regime. The real estate Dubai is also a booming investment market and investors are making good profits due to the huge real estate demand. Some of the most popular and successful rental real estate and property projects being built and already completed in Dubai in order to meet the demand and supply of the commercial and residential property market. The Dubai rental real estate and property market is at the peak and has attracted more number of foreign investors in the recent years.
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