Among the seven Emirates of the UAE, Dubai is the largest and most populated. Dubai has shown rapid development over a few decades and has developed into an extravagant city from being just a small town. Dubai is probably the most luxurious city in the world and is a representation of the development and advancement of the Middle East.
Dubai before the oil exploration relied heavily on trade and Sheikh Rashid bin Saeed Al Maktoum (then ruler of Dubai) started building infrastructures from the revenue collected from trade but after the oil was discovered in 1966, Dubai saw a rapid boom of development in infrastructure.
Most of the revenue in Dubai is generated through tourism, real estate, and trade. Oil discovery only boosted Dubai’s infrastructure and brought in millions as an investment but oil is not what Dubai relies on because as compared to the other emirates of UAE, Dubai’s oil reserves are not as lucrative. Dubai generates only 5% of the revenues from its oil reserves.
Dubai is considered to be a business hub and is also the economic capital of the UAE where investors from all over the world invest money because tax laws in Dubai are favourable. People from different parts of the world choose to come to Dubai for higher incomes and better job opportunities.
Tourism is the most important aspect of Dubai. In 2019, Dubai welcomed 16.73 million international visitors in one day according to data researched by Assignment Writing Help.
Dubai is a tourist attraction for a number of reasons, the first being the luxury. Dubai has several luxurious hotels and shopping malls that host tourists and visitors with extraordinary hospitality.
People also come to Dubai for shopping. Dubai Festivals and Retail Establishment (DFRE) organize a month-long event every year known as the Dubai Shopping Festival which brings in millions of visitors from all around the world adding to the economic growth of the city.
Dubai is home to some of the most amazing pieces of architecture such as the Burj Khalifa, Burj Al Arab, Dubai Mall, Dubai frame, Mall of the Emirates, and many other buildings.
The government of Dubai is aware of the impact of the tourism industry on the economy, for which millions and millions of dollars are invested in creating attractions that can entertain the visitors and will continue the flow of visitors. Besides all these tourists’ attractions, Dubai also offers a vast range of outdoor and indoor activities which gives the tourists and visitors an opportunity to enjoy themselves. These activities include sky diving at Palm Jumeirah, learning about the heritage at Dubai Museum, Going on a Desert Safari, skiing at Ski Dubai, experiencing the speed at Ferrari World, and many others.
Dubai has undoubtedly come a long way from being a small town and that too over a short period of time. Dubai is a dream city where one can have a time of their life. Surely Dubai is on everyone’s list of places to visit at least once.