The UAE isn’t usually considered as one of the biggest countries in terms of geographic size. However, its population, majority of which are foreigners, continuously increases year in and year out due to its booming economy.
The most populated and financially stable emirates in the UAE are Abu Dhabi, the capital city of this country, and Dubai, a global city and a primary business hub in the Middle East. Due to the influx of foreign workers, investors or entrepreneurs, and tourists in these areas, aside from tourism, real estate is a booming industry as well.
Abu Dhabi
Abu Dhabi is the richest emirate in the UAE. Its wealth relies greatly on its hydrocarbon deposits. This emirate though is trying to expand and go beyond the revenues they get from oil and gas production.
At present, the most popular areas for property investment here are:
• Al Reem Island
• Al Raha Beach
• Al Reef
• Al Ghadeer
• Saadiayat Island
Dubai
Although Dubai also has its own hydrocarbon reserves, its economy depends greatly on tourism, real estate and construction, trading, transhipment, and financial services. Foreign workers and entrepreneurs arrive by the hundreds here every month.
Currently, the most popular areas for property investment here are:
• Dubai Marina
• Jumeirah Lake Towers
• Bur Dubai
• Downtown Dubai
• Jumeirah Beach Residence
Info source: www.damacproperties.com
The most populated and financially stable emirates in the UAE are Abu Dhabi, the capital city of this country, and Dubai, a global city and a primary business hub in the Middle East. Due to the influx of foreign workers, investors or entrepreneurs, and tourists in these areas, aside from tourism, real estate is a booming industry as well.
Abu Dhabi
Abu Dhabi is the richest emirate in the UAE. Its wealth relies greatly on its hydrocarbon deposits. This emirate though is trying to expand and go beyond the revenues they get from oil and gas production.
At present, the most popular areas for property investment here are:
• Al Reem Island
• Al Raha Beach
• Al Reef
• Al Ghadeer
• Saadiayat Island
Dubai
Although Dubai also has its own hydrocarbon reserves, its economy depends greatly on tourism, real estate and construction, trading, transhipment, and financial services. Foreign workers and entrepreneurs arrive by the hundreds here every month.
Currently, the most popular areas for property investment here are:
• Dubai Marina
• Jumeirah Lake Towers
• Bur Dubai
• Downtown Dubai
• Jumeirah Beach Residence
Info source: www.damacproperties.com
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