Due to its location the UAE has been able to act as a connecting link between Europe and the Indian subcontinent, the Far East and Africa since time immemorial. It is still playing the role of intermediary between these vastly different cultures, the only difference being that air travel has significantly increased the number of visitors who come to the UAE. Traditional Arab hospitality and a delightful winter climate complemented by a highly sophisticated infrastructure and crime-free environment, have also contributed in recent years to creating an ideal atmosphere for the development of tourism.

The UAE is also endowed with an extensive coastline, sandy beaches and varied landscape, where a wide variety of activities can be indulged, ranging from powerboat races to sand-skiing. Manicured golf courses provide ready enjoyment and for the less active shopping opportunities abound. In addition, the country’s deep-rooted cultural heritage, accessible in the many cultural centers and at traditional sports such as falconry, camel- racing and horse-racing, has been a powerful attraction for tourists. The UAE has also become a much sought after venue for conferences, regional and international exhibitions and major sports events such as the Dubai World Cup, the Dubai Desert Classic Golf Tournament, and polo and cricket competitions. It also has one of the best selections of Dubai property available for investors.

The growth of the tourism industry in Dubai in the past few years is generally described in superlatives: incredible, phenomenal, outstanding, stellar, inspiring, triumphant and just about any other laudatory adjective you can think of. Although one might be tempted to pass this off as marketing hype, in Dubai’s case, it may well be warranted. Tourism in the area is booming.

Independent studies show that the tourism industry has accounted for a steadily increasing percentage of Dubai’s GDP (Gross domestic product), with some estimates putting it as high as 20 per cent. In fact tourism is expected to over take oil exports as an important source of revenue in the near future. Dubai’s 255 hotels have a total of 17,253 rooms and occupancy in 1998 averaged 49.3 per cent. Since January 1997 when the Department of Tourism and Commerce Marketing (DTCM) took over from the Tourism and Trade Promotion Council, there has been renewed focus on worldwide promotion of Dubai as an ideal tourist destination ( read here http://www.dubai.org.uk/ ) and

Construction is an important part of the development process of the economy of any nation and same is the case with UAE in the last decade the world has witnessed a substantial increase in the number of construction process in the gulf and this increases s all the more visible in UAE. Due to this substantial boom there is a lot of importance that is being given to the construction law in UAE so that the investors have a transparent system to work in. Dubai has always been a city that has witnessed growth, but the recent growth in Dubai is absolutely mind boggling. sThe main reason why there is an up spurt of construction job in Dubai in particular and the UAE in general is that the construction work gets completed quite early here. The reason is that Dubai construction companies hire more laborers than what the western companies hire. In Dubai there is no dearth of human capital, you can easily find laborers, engineers and architects. sSince the year 2000, the Dubais municipality has started off a great number of plans across the entire city of Dubai; the major areas which have witnessed this growth are Mina Seyahi area, which is located toward the Jebel Ali and as further away from Jumeirah. sDubai has about 16% of the worlds cranes. Not only is construction in the UAE and particularly Dubai a faster process, but it is also a much cheaper process compared to other western country. The reason why work gets completed at a cheap rate is that Dubai has access to laborers from the Indian subcontinent who accept lower wages as compared to other countries. sThe main reason why the Dubai government is trying to focus on its construction business is because it does not want to solely rely on its oil reserves. The pi reserves of UAE are expected to get exhausted by the end of 2010 and as such in order to attract revenues it is trying to expand its commercial and corporate activity. sTourism is also being promoted on a large scale with the construction of Dubai land, and other projects that include the making of huge shopping malls, park resorts and other major tourist attractions. sIn Dubai the largest property tycoons are Al Nakheel and Emaar properties. In Dubai the demand is higher than what the supply can meet. The demand is not just more, it out beats supply by a significant margin. Recently the rent in Dubai has also increased considerably. The reason for this increase is the large influx of professionals and companies around the world, who are attracted by the no tax benefit of Dubai, although the rises have been capped to 15% per annum up to 2006, under the directive of Sheikh Mohammad. sThis cap clearly shows that the bad effect of uncontrolled rise in rent. As the development process has just started the laws here are a still mawkish. The laws here do not match the international standards and are skewed towards the selling company. William King is the director of Dubai Burj Dubai Property & Burj Dubai Real Estate: http://www.bayut.com/dubai_business_bay/burj_dubai_property/real_estate_properties-sale-5102-1.html , Lahore Real Estate & Property Pakistan Properties: http://www.zameen.com/Homes/Lahore-1-1.html , Dubai Estate Agents & Brokers Properties: http://www.bayut.com/agents.html and Dubai Property Developments & UAE & Dubai Real Estate Projects: http://www.bayut.com/developments.html . He has 18 years of experience in the marketing and trading industries and has been helping retailers, entrepreneurs and startups with their product sourcing, promotion, marketing and supply chain requirements.