Dubai is emerging as the one of the most important cities of the world. The city’s gross domestic product was calculated at $46 billion in 2006. Dubai’s economy is backed by rich oil deposits, which was discovered in 1960’s. Since then the city is making its mark and making considerable progress in other sectors as well. According to recent reports, oil constitutes only 10% of the city’s total GDP, which shows the increasing shares of other sectors too. Areas including manufacturing, tourism, finance, and information technology are also developed rapidly in the recent years.

Manufacturing has been a significant role in Dubai’s economy. It homes some of the major industries including rubber, beverages, chemicals, paper and pharmaceuticals. Multinational corporations including Sony, Heinz, IBM, Shell, General Motors and AT&T have their corporate offices in Dubai. Major financial institutions and firms establish their working office Dubai. It is estimated that the growth rate of the financial market is around 12 percent per annum and likely to continue at the same pace. Moreover, banking sector also looks promising and showing positive growth rate in Dubai.

Tourism sector has a pivotal role to play in Dubai’s economy. The increasing attractions and activities have encouraged millions of people around the world to visit the city. Growing number of luxurious hotels, skyscrapers, shopping malls, water parks and museum have given a competitive edge to the city.

Dubai Information Technology market has grown rapidly in the last few years. The government has built the Dubai Internet City to give priority to information technology companies. The government has also provided tax exemption and 100% foreign ownership to many multinationals to attract foreign investment in Property Dubai.

In the heart of what is now known as ‘New Dubai’ is the district of Dubai Marina in Dubai, United Arab Emirates. It is located on Interchange 5 between Jebel Ali Port and the area which is the host to Dubai Media City, Dubai Internet City and the American University in Dubai at 25°4′52.86″N, 55°8′38.67″E. the first part of this project has been completed.
The Dubai marina is completely man-made and has been built up by the Real Estate development firm Emaar Properties of the UAE. It will contain more than two hundred high-rise buildings and some extremely tall skyscrapers, The Princess Tower, Infinity Tower, The Torch Dubai Marina, Dubai Marina Towers, Marina Terrace, Number One Dubai Marina, Horizon Tower and Le Rêve (Dubai) to name just a few of them. It takes up an area of 4.9 million square meters (which is equivalent to 50 million square feet) and this includes the Jumeirah Beach Residence’s 40 residential and hotel towers. It is said that the Dubai Marina will be the world’s largest man-made marina when it is completed. The Marina del Rey in Los Angeles County in California, USA is currently the largest man made marina in the world.
The Dubai Marina is a district situated in the centre of Dubai as is clear from the name. While, the first phase of the Dubai Marina project has been finished, the rest of the work is progressing quite fast. It is completely man-made, and with the more than 200 high-rise buildings and skyscrapers, it is very easy to look for brilliant Real Estate properties in Dubai Marina. The internet will help you out a lot to find out prime property. There are many thousands of portals dealing with the Dubai Marina Real Estate market in which you can get all the info you require about great Real Estate properties in the Dubai Marina.
There are several websites which will not only give you good information about properties at Dubai Marina but also provides you with great tips on buying, selling and also renting properties. When you are wishing to invest in Dubai Marina Real Estate, then research is what you should concentrate on. It is of prime importance that you should gather as much information as you can from various sources and then make an informed decision.
Besides the internet, you could also use the help of Real Estate agents and Real Estate property advisors to look for great property at the Dubai Marina. But before you hire these people, you should ensure that they are authentic and will not charge you a large fee after providing you with bad service. Also find out how much experience the agent has before you enlist their help in looking for Dubai Marina Real Estate properties.
Features of Elite Residence located at the heart of Dubai Marina:
• Brilliant business center
• Swimming pools – Indoor and outdoor
• Well-equipped gym and spa
• Children’s nursery and day care center
• Wonderful entertainment facilities
• Lavish hotel