Dubai is one of the largest and the most populous city in the United Arab Emirates. It is located in the south-east coast of the Persian Gulf and is also the capital of the Emirate of Dubai which is one of the seven emirates that has a big contribution in making up the country. In the Countries, Federal Supreme Council Dubai and Abu Dabi are the only two emirates that have the veto power over the critical matters of the National Importance. Situated on the northern coastline, Dubai has emerged as the Global City and the business hub of the Middle East.
The economy of Dubai in the year 1966 was based on the revenues from the trade and was up to the smaller extent. Their main trading was oil, which started flowing in the year 1969. Oil Revenue helped a lot in accelerating the earlier development of the city. As per recorded in the year 2012 Dubai was the 22nd most expensive city in the world and also the most expensive City in the Middle East. The rooms of the Hotels in Dubai are the second most expensive in the world following the Geneva.
Governed by the Al Maktoum Family, Dubai has one of the fastest growing economies in the world with a growth rate of 6.1% in 2014. Tourism is the primary factor of Dubai and is an important strategy of the government to maintain the Flow of the Foreign Cash in the city. In the year 2013, it was rated as the 7th most visited city of the world. The place is famous for Shopping, Architecture, and And Apartments. Dubai has one of the World’s largest mall and the world’s tallest man-made structure named The Burj Khalifa and a large range of apartments like the very popular City Walk building 12.
Dubai, also known as the skyscraper centre has the most beautiful buildings to look at. As it was discovered in late years, its buildings mainly follow the modern architecture. The apartments that the city has will be in anyone’s wishing list who wishes to live or visit the place. One of them, which is quite known and reputed is the City Walk building 12 at a very low rate. Most of the people visit Dubai to fulfill their Dreams as This city accepts and greet everyone very well with the culture they have and this is the main reason why this city is known as the City of Dreams.