Dubai Web Presentation Client Area English

YOUR GATE WAY TO DUBAI

Economic Development

Social Development

Infrastructure, Land & Development

Security, Justice and Safety

Government Excellence

Staggering GDP increase of 263% from 1990 to 2003

Continues to grow by 11% annually

More than 80% expatriate population

Population is estimated at 1.5 million people

Expanding at around 7.5% per year.

Annual air passenger growth rate of 16%

Projected number of tourists by 2010 is 15 million

Source: IMF World Economic Outlook; Econstats; Ministry of Economy

DUBAI (13%)

QATAR (7%)

BAHRAIN (5%)KUWAIT (4%)SAUDI ARABIA (3%)OMAN (3%)

Source: IMF World Economic Outlook; Econstats; Ministry of Economy

DUBAI (13%)

CHINA (9%)

INDIA (6%)

IRELAND (5%)SINGAPORE (4%)US (3%)

50% of the world's largest construction cranes in Dubai

30% of the world’s regular cranes working in Dubai

Projects worth over US$100 billion.

A figure equal to all foreign investment in the US in 2005

Twice that of China, the world's third largest economy

139 of the global MNCs in Dubai (9 of the top 10 are here)

Halliburton to shift global headquarters to Dubai

3rd largest import and re-export centre in the world

120 Shipping lines operate through Dubai

100 international airlines serve Dubai

200 Nationalities reside and work in Dubai

Per Capita income of US$ 25,000

UAE GDP to rise to US$ 178 Billion in 2007

28.7 Million passengers served in 2006

33 Million estimated to travel in 2007

6.5 Million guests serviced by 414 hotels in 2006

Dubai has emerged as the Middle East’s leading trading hub. Dubai is now the region’s major venue for international events and businesses:

Meetings, conferences, exhibitions

Tourism (world class hotels, leisure and entertainment)

Corporate regional headquarters

Regional transport, distribution and logistics center

Banking, finance and insurance

Business and industrial consulting

Information and Communications Technology

Light and medium manufacturing

World class sporting events

US$17 billion in domestic imports annually

Gateway to a US$150 billion, 1.4 billion population regional market

Dubai's imports have more than doubled since 1989

Accessible market - served by 170 shipping lines and 100 airlines

US$ 12.5 Billion State-of-the-art metro system being built

Free enterprise system.

Highly developed transport infrastructure.

State-of-the-art telecommunications.

Sophisticated financial and services sector.

Top international exhibition and conference venue.

High quality office and residential accommodation.

Reliable power, utilities etc.

First class hotels, hospitals, schools, shopping malls

Cosmopolitan lifestyle.

Over seas companies setting up in Dubai can secure cost advantages not generally available internationally. Among the reasons are:

No corporate taxes.

No income taxes.

No foreign exchange controls.

No trade barriers.

Competitive import duties (4% with many exemptions).

Competitive labor costs.

Competitive energy costs.

Competitive real estate costs.

100% foreign ownership

100% exemption from all import duties

100% repatriation of capital and profits

Freedom from corporate taxation, as applied in Dubai

Added bonus of a renewable 15 year guarantee

Abundant inexpensive energy

High level administrative support from free zone authorities

Fast Track business startups - 20 minutes guaranteed!

The Palm Islands ….. 8th Wonder of the World

Set to increase the Dubai Coastline by 120kms

‘The World’…… 300 islands ….. Will resemble a world map

A Giorgio Armani Hotel and a Palazzo Versace hotel coming up

The world’s biggest playground!

3 billion sqft. of world class entertainment

AED 235 billion investment

45 mega projects

15 million visitors annually (40,000 daily)

55 hotels and serviced apartments

2.5 million resident population

300,000 jobs at Dubailand

World's largest passenger and cargo hub

Ten times larger than DIA and DCV combined.

Annual cargo capacity of 12 million tons

Three times that of Memphis, today's largest cargo hub

Passenger capacity of more than 120 million

50% more than Atlanta, the world's busiest airport.

Next-generation aircraft, including the A380

Four aircraft will be able to land simultaneously

6 parallel runways, 4.5km in length

3 passenger terminals (2 luxury, 1 low cost)

Multiple concourses

16 cargo terminals with a 12 million ton capacity

Executive and Royal Jet centers

Hotels and shopping malls

The region's hub for A, B and C Checks on all aircraft

Region’s maintenance hub for the A380 super jumbo

100,000 parking spaces for airport staff and passengers

High speed express rail link between airports

Served by Dubai Metro

Dedicated Dubai World Central light railway

World's first fully integrated logistics platform

Serves every transport mode and logistics need

Manufacturing and assembly (single-bond, free zone)

Strategically located on the apron of the DWC Airport

Adjacent to Jebel Ali Port and Free Zone.

Labour Village set in landscaped surroundings

Sports, leisure, restaurants, shops and service centers

Apartment, floor/block basis housing leases available

Dubai World Central's business and financial hub.

More than 850 towers

Expected to employ around 130,000 people.

25 hotels (broad range of classification)

Super deluxe homes and a cluster of luxury villas

Manufacturing sectors (advanced materials technology)

Research institutes, alternative technologies

Office complexes, conference venues and pavilions

Science Park with its own specialized university

Projected 3,000 - 4,000 student population

Development in three phases

250,000 people are expected to live in Residential City

20,000 people are expected to work there

Complete range of civic amenities

Served by the Dubai Metro

Integrated road network.

3 five-star, four-star and three-star properties

Shopping Mall

Two 18-hole golf courses

Traditional desert links style

Lush tropical resort style

Driving ranges and putting greens

Luxury clubhouse with restaurants and a Pro shop.

Up to 2,500 freehold homes (Luxury villas)

High-end boutique hotel complete with a spa resort

2000: Government announces foreign freehold ownership

2000: EMAAR, Nakheel, Dubai Properties launched

2001: Dubai Marina, Palm islands set the trend

2001: Off Plan Selling becomes the Dubai industry model

2002: DIFC, Business Bay, Dubailand projects announced

2002: Investors attracted to the high returns market

2002: Private developers (including DAMAC) emerge

2002: Investor driven aggressive market develops

2003: Construction boom begins with Dubai Marina

2003: Real estate prices soar for the next 4 years

2003: Rentals show steep rise fuelling end-user interest

2005: Infrastructure in Dubai struggles to cope

2005: Delays as completion deadlines get missed

2005: Government introduces 15% rental increase cap

2006: Rental cap lowered to 7% every 2 years

2006: New market segment (Middle income) emerges

2006: Secondary market emerges as units complete

2006: Government introduces Property Law in Dubai

2007: ESCROW Law introduced to boost confidence

2007: RERA established to regulate the real estate market

2007: Broker’s Law makes Agent listing mandatory

2007: Cityscape 2007 announces US$ 1 Trillion in projects

2007: US$ 400 Billion market emerges for Dubai

Maturing Property Market

Excelent Returns

Reduced number of new launchesIncreasing secondary market activityImproved & Solid legal framework

Source: EFG Hermes Report, September 24, 2007


Only locals allowed to own property

Very few non national buyers, low demand

Low levels of supply

Stability in a relatively small market

Opening of market to non GCC nationals leads to frenzy

Demand outstripping supply

Supply begins to be built

The highest observed price increases in 2003-07

Legal improvements clarify grey areas and improve confidence in freehold ownershipPattern of demand changing but demand remains strong

Handover of supply occurring at slower than expected rate

Massive appreciation in low end price brackets observed

Pre-Freehold Property Boom Market Maturing


Resident

ial

Sources: Better Homes Commercial Review, Colliers and EFG Hermes

Commerc

ial

MARINA TERRACE

THE WAVES

OCEAN HEIGHTS

DAMAC HEIGHTS

55%

44%

25%

Not yet released

RETURNS ON INVESTMENT RETURNS ON INVESTMENT

LA RESIDENCE

LA RESIDENCE 2

XL TOWERS

BUSINESS TOWER

26%

24%

40%

40%EXECUTIVE BAY 32%5 Months


CAPITAL BAY

PARK CENTRAL

BUSINESS CENTRAL

THE CORNER

26%

31%

47%

27%

WATER’S EDGE 9% (2 Months)

5 Months

4 Months

3 Months

3 Months


THE CRESCENT

LAGO VISTA

LAKESIDE

29%

34%

44%6 Mths


LAKE TERRACE

LAKE VIEW

53%

53%


EMIRATES GARDENS 1

EMIRATES GARDENS 2

36%

34%

TUSCAN RESIDENCE 34%


LINCOLN PARK

MANHATTAN & AUSTIN

53%

53%


PARK TOWERS

THE HEIGHTS

BUSINESS HEIGHTS

25%

28%

28%


MARINA TERRACE Oct.

2002

THE WAVES Dec. 2002

OCEAN HEIGHTS Oct. 2004

DAMAC HEIGHTS Jun.

2007

PALM TERRACE Apr. 2003

PALM SPRINGS Nov. 2003

SUBURBIA Sep. 2007

LAKE TERRACE May. 2003

LAKE VIEW Jan. 2004

SMART HEIGHTS

Mar. 2006

THE CRESCENT Jan. 2005

LAGO VISTA Jul. 2005

LAKESIDE Mar. 2007

TUSCAN RESIDENCES

Sep. 2006

EMIRATES GARDENS Dec. 2005

May 2006

TERRA DEL SOL Nov. 2004

BUSINESS TOWER May

2006

BUSINESS CENTRAL

Jun. 2007

BURJSIDE BOULEVARD

Jun. 2007

LA RESIDENCE @ THE LOTUS Nov. 2006

EXECUTIVE BAY Apr. 2007

CAPITAL BAY Apr. 2007

WATER’S EDGE Jul. 2007

THE CORNER Jun. 2007

PARK CENTRAL May 2007

HAZ TOWER Jun. 2007

XL TOWERS Mar. 2006

LINCOLN PARK Jul. 2007

WESTSIDE AT LINCOLN PARK Jul. 2007

Shaping tomorrow’s Skyline

Will Shape tomorrow’s Skyline

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