The UAE is recognized as a regional and a middle power. The UAE is a member of the United Nations, the Arab League, the Organization of Islamic Cooperation, OPEC, the Non Aligned Movement, and the Gulf Cooperation Council.

On 2 nd November 2004, the UAE’s first president, Sheikh Zayed Bin Sultan Al Nahyan, died. Sheikh Khalifa Bin Zayed Al Nahyan was elected as the President of the UAE.

The United Arab Emirates is situated in Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia; it is in a strategic location slightly south of the Strait of Hormuz, a vital transit point for world crude oil.

Tourism acts as a growth sector for the entire UAE economy. Dubai is the top tourism destination in the Middle East. According to the annual MasterCard Destination cities index, Dubai is the fifth most popular tourism destination in the World.

Islam is the largest and the official state religion of the UAE. The government follows a policy of tolerance towards other religions and rarely interferes in the religious activities of non-Muslims. Arabic is the national language of the United Arab Emirates.

Real Estate Investment in Dubai, UAE

It is indeed worth to buy real estate for investment in Dubai, UAE. Tax-Free income and low mortgage registration fees are among the reasons for purchasing property in Dubai for residential as well as investment purposes.

Dubai, UAE also continues to be one of the top cities to visit as well as live in.

Following are the two Real Estate giants in United Arab Emirates.

1. Damac
2. Emaar