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Modern Dubai: stable government supporting in architectural advancements |
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Despite a slowdown in the global economy and increasing prices of petroleum, Dubai property market is registering a faster growth. The ongoing growth pace in the property market has surprised investors by offering them a manifold increase in their initial investment value. |
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| Author: Editor123 |
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Supportive governance
Dubai’s development is backed by the strong commitment and vision of ruling Al Maktoum family, which came to power in 1883. The rulers’ ability to take successful decisions for laying out foundations of result-oriented infrastructure has transformed Dubai from a barren land into an international city. Supported by the cash flow from increasing tourism, world-class property development and flourishing oil business, Dubai’s economy is expanding to the next level. To make it an international city, Dubai government has opened its doors for foreign investors with effect from June, 2004. Now, foreign nationals can invest in any freehold property and enjoy the full owners’ rights. Also, they can own well-build apartments, commercial property and others to secure a place of their own.
Dubai: Home of architectural wonders
Being an attractive property destination, Dubai is the home of many firsts in the architectural world. For example, the world’s first seven star hotel ‘Burj Al Arab’ is in Dubai. The city is the home of ‘Burj Dubai’ the world’s tallest building. As a result tourists as well as investors flock in large numbers to get the glimpse of some of the best architectural improvements in Dubai.
About Author
The article is contributed by a professional content writer. For further information on Dubai Properties and Dubai property please visit at http://www.dubaipropertysearch.net
Article Source:
http://www.1888articles.com/author-editor123-12401.html
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