Dubai’s Enigmatic Affluence: Unraveling the Secrets Behind Its Wealth

In the eyes of most people, referring to Dubai is referring to the city of wealth, the city of super-luxury, super-exclusive things. 

  1. Overview of Dubai

Dubai is a city and one of the seven emirates of the United Arab Emirates (UAE), located in the southern part of the Persian Gulf in the Arabian peninsula with an area of ​​4,114 square kilometers and a population of 4,114 square kilometers. just over 1 million people.

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Dubai is located right in the Arabian Desert with sandy desert terrain. Dubai has a very hot arid climate. Traveling to Dubai in the summer is extremely hot, windy, and dry, the average summer temperature is about 40°C during the day and about 30°C at night. Most days are sunny all year round. Winters are cold and short with average daytime temperatures of 24°C and nighttime temperatures of around 14°C.

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Up to now, just over 40 years later, people refer to Dubai as a symbol of luxury, wealth, and an economic and technological center… tourism industry is especially developed.

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With huge construction projects and the development of many industries, Dubai has become a destination attracting investors from around the world through the developed real estate market, sports events, and conferences. and Guinness records such as the world’s tallest building, the world’s largest shopping mall, the world’s largest artificial island, the world’s largest indoor ski area…

  1. Why is Dubai rich?

The reason why Dubai has such a dizzying change is that the leaders of this emirate have implemented a policy with 2 main goals: value goals and human development goals.

– Value goals

Foreign investors based on using their money to promote economic growth in Dubai. The Dubai government invests heavily in infrastructure to support the activities of investors. This not only meets the travel and business needs of individuals and businesses but also generates revenue for the government. Therefore, traveling to Dubai will become easier than ever with the services that come with it.

Dubai tourism

Moreover, the government of Dubai does not collect taxes and fees like the governments of other countries often apply. Dubai is the safest city. The crime rate here is very little or almost none because everyone is aware that they can be imprisoned or deported for the slightest offenses. You can rest assured when booking a Dubai tour here!

– Human goals and plans

For the country of Dubai to become the richest, the Dubai government has built a full and generous social security system for its citizens. People here are always guaranteed to have jobs. Policies on unemployment benefits, pensions, and housing support are focused to ensure people’s quality of life.

With big plans, Burj Khalifa, Dubai Marina, Jumeirah Village, and Burj Al-Arab are honored to become the world’s most expensive projects built in Dubai. Burj Khalifa (with a construction cost of 1.5 billion USD) became the tallest building in the world, boosting Dubai’s tourism industry and bringing huge revenue to the city. The palm islands then (at a huge cost of 12.3 billion USD) also helped the emirate of Dubai raise the level.

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With its strengths and big goals set out in the immediate future, Dubai is increasingly asserting its position in the world. It is a small country from the very beginning. However, after about 40 years, Dubai has become one of the richest countries in the world and will certainly assert its position even more in the future.