Online Resources

Dubai Property and General Info

• AME Info reports.
  
  Related Links:
  
  • Dubai Prop. History, p1
    
    Excerpt:
    

    Dubai's real economic development began in the 1950s when the late Sheikh Rashid bin Saeed Al Maktoum dredged the Dubai Creek, significantly expanding its capacity and rapidly repaying a loan from the Emir of Kuwait. Sheikh Rashid also founded the Dubai airport and established the first hotel in Dubai in 1959.
    
    This gave way to the first Dubai construction boom of the early 1960s which took the population to around 120,000 at the end of the decade. It included the construction of Port Rashid with a five berth container terminal for the biggest ships of the time, and was greatly hastened by the discovery and development of oil reserves in Dubai.

  • Dubai Prop. History, p2
    
    Excerpt:
    

    His Highness also promoted the development of real estate through the creation of the publicly quoted Emaar Properties in 1997, today the region's largest real estate company, and Nakheel, a Dubai Government company.
    
    Emaar began by creating the 3.5km long Dubai Marina behind the existing Jumeirah beachfront hotels, set to be the focus of the New Dubai, a high-rise city within a city and home to more than 40,000 residents. Nakheel became synonymous with The Palm, Jumeirah, a 5km long, reclaimed island shaped like a palm tree, which soon achieved international fame.
    
    Thus by May 2002 when freehold property rights were created in Dubai, the stage was set for a real estate boom."

  • Dubai Prop. History, p3
    
    Excerpt:
    

    May 2002 will go down in the history of Dubai real estate as the month that the great freehold property revolution began. Before that month only UAE nationals could own property, and even then often on the restricted gifted-land tenure.
    
    It was in May 2002 that the Dubai Crown Prince General Sheikh Mohammed bin Rashid Al Maktoum issued a decree allowing foreigners to buy property freehold.

  
  
  
• Emporis' Dubai Construction Status
  
  
• FAQ Dealing with Property Issues
  
  
• FAQ Dealing with Property Issues
  
  
• Dubai Forum
  
  
• Global Hideaway
  
  
• UrbanPlanet.org's Dubai Forum.
  
  

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