Today, Dubai has emerged as a cosmopolitan metropolis that has grown steadily to become a global city and a business and cultural hub of the Middle East and the Persian Gulf region. It is also a major transport hub for passengers and cargo. Although Dubai's economy was historically built on the oil industry, the emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services.Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become symbolic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. In addition, Dubai is home to other ambitious development projects including man-made islands, hotels, and some of the largest shopping malls in the region and the world. This increased attention has also highlighted labor and human rights issues concerning the city's largely South Asian workforce.Dubai's property market experienced a major deterioration in 2008–2009 following the financial crisis of 2007-2008,but is making a gradual recovery with help from neighboring emirates.
For More Information Contact:
Twitter : @btpyatra