The City has been revealed as one of the fastest-growing cities in the world, claiming a population boom of over 500% in recent decades.
The last 30 years have seen the population of Dubai grow to 2,785,000. That's a remarkable growth of 569%, although oil only accounts for 1% of the GDP
Dubai has transformed from a desert backwater port to a thriving metropolis with the third-most skyscrapers in the world.
The City's economy kicked into full gear and a development boom began that, aside from a drastic crisis around 2009,
From having the world’s tallest building to man-made islands in the shape of a world map
Dubai has a $20 billion megacomplex with the world's 2nd-largest mall, the world's tallest building, an aquarium, and 1,200 stores
1990 showing an annual rise in GDP of around 6 per cent, then 1990 through 2005 showing an annual rise of about nine per cent. If one focuses on the years 2000 through 2008, one sees an extraordinary growth rate, on average, of over 10 per cent per year.
The UAE popular city has never away from infrastructural projects.
$70 billion credits and the state of Dubai additional $10 billion while holding estimated $350 billion in real estate assets.
the major investments in Dubai have been largely affected due to the recession that hit the global market in the recent past.
The City's revenue comes primarily from oil but only a moderate amount of oil reserves were used to generate the required infrastructure for trade, manufacturing and tourism.
the six-month-long Expo 2020 will boost tourism and the government’s reform agenda should aid investment.
The Dubai has diversified and has become a regional trading and tourism hub.
Dubai's most outrageous open-air market sells only gold and has a $3 million.
In 2007, 20% of the world's construction cranes. Most of the development was driven by the state-owned Dubai World company and Emaar Properties
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