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You can profit from the current economic conditions by purchasing distressed property at discounts ranging from 67% - 72.5%. IPIN's SES strategy enables you to achieve a 25% annualised return with zero risk to capital.
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Dubai Property Facts
Property purchasers need to know about the country they are thinking of investing in. Here we have gathered some information for you.
Data for Dubai collected from the CIA Factbook - Dubai
Research And Facts About Dubai
Base facts for potential investor in Dubai property:
(From CIA Factbook)
Country Name:
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United Arab Emirates.
A federation of the former Trucial States within which Dubai is an independent country.
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Location:
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Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia
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Area:
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total: 83,600 sq km
land: 83,600 sq km
water: 0 sq
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Land:
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land: 83,600 sq km
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Water:
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water: 0 sq km
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Land Boundaries:
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total: 867 km
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Border Countries:
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border countries: Oman 410 km, Saudi Arabia 457 km
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Coastline:
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1,318 km
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Climate:
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desert; cooler in eastern mountains
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Terrain:
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flat, barren coastal plain merging into rolling sand dunes of vast desert wasteland; mountains in east
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Geography:
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strategic location along southern approaches to Strait of Hormuz, a vital transit point for world crude oil
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Population:
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4,444,011
note: estimate is based on the results of the 2005 census that included a significantly higher estimate of net inmigration of non-citizens than previous estimates (July 2007 est.)
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Age Structure:
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0-14 Years:
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20.6% (male 467,931/female 447,045)
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15-64 Years:
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78.5% (male 2,558,029/female 932,617)
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65 Years and Over:
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0.9% (male 24,914/female 13,475)
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Average Age:
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Total:
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30.1 years
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Male:
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32 years
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Female:
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24.5 years (2007 est.)
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Ethnic Groups:
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Emirati 19%, other Arab and Iranian 23%, South Asian 50%, other expatriates (includes Westerners and East Asians) 8% (1982)
note: less than 20% are UAE citizens (1982)
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Religions:
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Muslim 96% (Shi'a 16%), other (includes Christian, Hindu) 4%
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General
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Languages:
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Arabic (official), Persian, English, Hindi, Urdu
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Government
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Type:
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Federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates
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Capital:
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Abu Dhabi is the capital of the United Arab Emirates
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Independence:
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2 December 1971 (from UK)
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Economy
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The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. The government has increased spending on job creation and infrastructure expansion and is opening up its utilities to greater private sector involvement
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Currency:
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UAE dirham (AED)
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GDP Growth Rate:
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8.9% (2006 est.)
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Labour Occupations:
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agriculture: 7%
industry: 15%
services: 78% (2000 est.)
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Unemployment Rate:
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2.4% (2001)
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Inflation Rate:
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10% (2006 est.)
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Agriculture Produce:
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Dates, vegetables, watermelons; poultry, eggs, dairy products; fish
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Transportation
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Roads:
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total: 1,088 km
paved: 1,088 km (includes 253 km of expressways) (1999)
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Airports:
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37 (2006) through all UAE
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Ports & Harbours:
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Al Fujayrah, Khawr Fakkan, Mina' Jabal 'Ali, Mina' Rashid, Mina' Saqr, Mina' Zayid, Sharjan
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Communications
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Mains Telephones:
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1.237 million (2005
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Mobile Telephones:
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4.535 million (2005)
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Television Stations:
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15 (2004)
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Internet Users:
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1.397 million (2005)
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Country Internet Code:
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.ae
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You may also be interested in the following:
| Tags: |
Abu Dhabi, Al Fujayrah, Central Intelligence Agency, crude oil, dairy products, Dubai, Gulf of Oman, Internet Code, Internet Users, Middle east, oil, Oman, Persian Gulf, Persian Gulf, Saudi Arabia, UAE, UAE federal government, United Arab Emirates, United Kingdom
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