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How dubai became dubai
- 1. How Dubai becameDubai By Neha Mehndiratta
- 2. The Evolution ofDubai Dubai is a part of 7 emirates of United Arab Emirates(UAE) formed in 1971
- 3. Basic Information aboutDubai • Population- 2.2 million • Area 3900 sq mtrs • Official Language : Arabic • Major Religion : Islam • Main Exports : Crude oil, natural gas, dried fish and dates. • Currency : Arab Emirate (Dirham) • Market Size : More than $17 billion domestic imports annually Gateway to $150 billion regional import. • Stock Exchange: NASDAQ Dubai
- 4. 80% of Dubaipopulation consist of foreigners • 43% Indians • 17% Imarati • 13.3% Pakistani • 7.5% Bangladeshi • 9.1% Arab • 10.8% Others Indians 43% Imarati 17% Pakistani 13% Bangldeshi 7% Arab 9% Others 11% POPULATION
- 5. Discovery of Oilin Dubai • Fishing and pearl-diving supported the region for many centuries. • Oil was eventually discovered in Dubai in 1966. • But in small quantities compared to neighbouring states. • In 1969, Dubai exported oil for the first time. • It is estimated that Dubai produces 50,000 to 70,000 barrels (11,000 m3) of oil per day
- 6. Depletion of OilReserves • Dubai’s oil reserves have diminished significantly and are expected to be exhausted in 20 years. • Revenue from petroleum and natural gas currently account for less than 4% of the emirates GDP.
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- 8. Shifted Interest tooverall development • The secret to Dubai success is doing the best with what you have. • Governments decision to diversify from a trade- based, oil-reliant economy to one that is service and tourism-oriented made property more valuable, resulting in the property appreciation. • Dubai’s interest then shifted to trade, then to manufacturing, then to development of tourism.
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- 11. Rapid development intourism sector Masterplan for attracting the world
- 12. Crazy Megastructures • Burjkhalifa • Burj-Al-Arab • Palm Islands • Dubai mall • Rotating Skyscrapers • Dubai Land
- 13. Currently 15-25% ofworld’s cranes are operating in Dubai
- 14. Burj Khalifa Tallest manmadestructure in the world (829.8mt) Construction began on 21 Sep2004 and completed on 1Oct2009 Total cost-1.5 billion USD.
- 15. Burj-Al-Arab Resembles the shapeof a Sail. Stands on an Artificial island. Fourth Tallest Hotel in the world. Worlds only seven star Hotel. Construction began in 1994 and completed in 1999. Total Cost-650 million USD.
- 16. Palm Islands Palm Jumeriah, PalmJebel Ali, Palm Diera Resembles the shape of Palm tree Comprises of 100 luxury hotels, beach
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- 18. Dubai Mall World’s largestshopping mall based on total area. Part of Burj khalifa complex. Attracts more than7,50,000 visitors every week. Holds the Title of World’s Most Visited Shopping Mall.
- 19. Rotating Sky scrappers •80 apartments that spins full 360 degree around a central column by means of 79 power generating wind turbines located between each floor • Takes 1 to 3 hours to make a complete rotation.
- 20. Dubai Land • Twicethe size of Walt Disney World Resort. • Expected to attract 2,00,000 visitors daily
- 21. Dubai is ano Tax zone • They believe that the unearned income is not good to take. • Individuals need not pay Income tax, Sales tax. • However taxes are imposed on imports, hotels, entertainment services. • High taxes on alcohol and other related products. • Jebel Ali Free Zone.
- 22. Dark Side ofDubai • Corruption and fraud at dubai’s state linked companies is very high. • No standard address system making mail-to- the-door impossible. • High rates of school dropouts. • High costs of Dowry. • Extreme hot climate.
- 23. Future of Dubai In38 years, Dubai has grown from a rather barren desert into a modern metropolis International overnight tourist 2015 – 14.2 million Future mega Projects • Dubai Snowdome • Dubai Waterfront • Dubai land • Dubai World Centre • Hydro polis • Dubai International Airport
- 24. Al Maktoum InternationalAirport
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- 28. Some Interesting Facts •As of 2015, Dubai was the 7th most visited city of the world, with 14.2 million visitors a year. • Dubai is the most populous emirate of the seven emirates of United Arab Emirates. • Dubai is also known as City of Gold, a major part of economy based on Gold trades in Dubai. • Dubai has been called the "shopping capital of the Middle East" Dubai alone has more than 70 shopping malls. • India is the Largest Trade partner of Dubai. • Famous celebrities like David Becham, Brad pitt, Shahrukh Khan are believed to have owned villas in palm islands.
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