Dubai Silicon Oasis

 
 

Dubai Free Zones

Dubai Business - Dubai Free Zones by Dubai City Guide Summer 2008

Setting up a business in one of Dubai’s several free trade zones is an appealing choice for most foreign investors. Free zones are highly beneficial for the entire country’s economy and since foreigners are allowed to fully own the companies they set-up, most expatriate investors prefer to establish their businesses in free zones. A large number of businesses and direct investments in free zones have contributed heavily to the net non-oil income in Dubai.

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Major Dubai Property Developments

Dubai Real Estate/Property - Major Dubai Property Developments by Dubai City Guide Summer 2008

For a long time, Dubai property ownership was limited to Emirati nationals only. But, after the new property decrees were announced by the crown prince in 2001, foreigners are allowed to fully own apartments, villas, offices and complexes in Dubai. With this sudden evolvement, the demand for Dubai property increased in magnanimous proportions. So, as a post-demand necessity, construction companies around the country and even those from overseas, began developing building complexes, communities and entirely new islands in Dubai.

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