The Dubai property market is booming and is set to continue to do so over the next decade. Dubai has taken steps to scrap its protective property laws and is positioning itself as a holiday home destination, which also offers plenty of property investment opportunities.
In the pursuit of excellence, the Government of Dubai 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.
The thriving economy of Dubai, the state-of-the-art infrastructure and standards of living that are unsurpassed almost anywhere else in the world, have earned Dubai the name "Pearl of the Gulf".