Guide to Life in Dubai

There are many reasons why people want to live in a different country. The most important of these is economic and social conditions. Dubai, especially in recent years, has become a top choice for those who want to start a new life with the opportunities it has offered.

But why Dubai?

Because;

  • It is strategically located between the continents of Asia, Europe and Africa,
  • It brings together people from all over the world with different cultures,
  • It offers a modern infrastructure and advanced living conditions,
  • It provides a suitable environment for the business world with its liberal economic policies and investment opportunities,
  • It has an economy based on many different sectors such as trade, tourism and real estate,
  • The majority of the population consists of qualified immigrants,
  • A tourism center on a global scale,
  • It provides advantageous tax incentives to international investors,
  • The real estate market has high ROI potential,
  • It promises investors a business-friendly ecosystem and a strong legal infrastructure.

Tekce Visa has prepared a detailed guide to living in Dubai, taking into account all these possibilities to find answers to your questions…

Get to Know Dubai

Dubai's roots date back to the 18th century. Founded as a small fishing village, this settlement eventually became an important center of trade in the region. Oil reserves discovered in the mid-20th century played a significant role in the city's economic development. In addition, Dubai has managed to diversify its economy beyond oil revenues.

Dubai, the largest and most dynamic city in the United Arab Emirates, has rapidly developed and become an important trade, finance and tourism center in the region. The reasons behind Dubai being an attractive investment destination are the opportunities offered by the city, its strategic location and modern infrastructure.

Geographical Location and Climate

Dubai is strategically located on the eastern Arabian Peninsula, on the shores of the Persian Gulf. This geographical location has made the city a crossroads of important trade routes since ancient times. The city has a subtropical desert climate. Summers are quite hot and humid, while winters are mild. Temperatures can exceed 40°C in the summer months, while cool and pleasant evenings are experienced in the winter months.

Multicultural Structure

Dubai is a cosmopolitan city where people from different cultures come together. The majority of its population is expats (qualified immigrants), and people of different ethnic origins come together in Dubai. The population structure also plays an important role in the city becoming a global center. Offering an environment that respects different cultures and traditions makes Dubai a part of the international community. In this way, it is positioned as an attractive destination for global business circles, investors and tourists.

Infrastructure and Quality of Life

The city attracts attention with its modern infrastructure and advanced living conditions. World-class education, health services and security are offered. In addition, luxury residences, shopping malls, entertainment venues and international events are among the elements that increase Dubai's appeal.

Business Environment and Investment Opportunities

Dubai offers a suitable environment for the business world with its liberal economic policies and investment incentives. Free zones, tax advantages and ease of business attract international investors. It offers investment opportunities for many sectors such as tourism, real estate, finance and trade.

Economic Indicators

Dubai's economy has a diversified structure based on trade, tourism, aviation, real estate and financial services sectors. Although oil and natural gas constitute a significant portion of the United Arab Emirates' (UAE) income, Dubai's economy is heavily focused on non-oil sectors. As of the first quarter of 2023, Dubai's gross domestic product (GDP) is approximately AED 111.3 billion. In recent years, the economic growth rate has ranged between 3% and 4%.

Demographic Profile

The population of Dubai is around 3.5 million and the vast majority of the population are expats. The city has become a center of attraction for workers and professionals from all over the world. When the population structure is examined, it is seen that expats from South Asia, Southeast Asia and Western countries are in the majority. The official language is Arabic in Dubai, and English is also widely used, reflecting the multicultural structure of the city.

When looking at the city's population structure;

Expats from South Asian countries constitute the largest foreign community in Dubai. Workers and professionals from this region play an important role in construction, service and other sectors.

People from Southeast Asian countries are employed especially in health, education and domestic work.

Qualified immigrants from Western countries are in senior management, expert and professional positions in Dubai. This community plays an important role in the city's business life.

Expats from Arab countries also prefer to live in the city due to Dubai's cultural and commercial ties.

Tourism Data and Visitor Profile

Dubai is a major global tourism destination. In 2022, the city welcomed approximately 16 million international visitors. Iconic landmarks such as Burj Khalifa, Palm Jumeirah, Dubai Mall and Dubai Marina are among the city's most attractive tourist destinations. The city attracts tourists with its luxury shopping opportunities, modern architecture, vibrant nightlife and extensive event calendar, and attracts different visitor profiles. In addition, the city's infrastructure and services make Dubai an important player in the international tourism market.

Tax Incentives

Dubai offers an advantageous tax regime for international investors. The UAE has not implemented many tax items such as income, capital gains and corporate profit tax. These tax incentives create a great opportunity for foreign investors. In addition, the free zones in the city provide special exemptions and conveniences for investors.

Real Estate Sector Offering High ROI Potential

Dubai's real estate market offers investors high return potential. The city's dynamic structure, increasing population and growth in the tourism sector contribute to the increase in rental income and property prices. For this reason, Dubai has become an attractive real estate investment area. In addition, the city's constantly developing infrastructure and ongoing mega projects contribute positively to the increase in real estate values.

Strategic Geographical Location

Dubai has a strategic location between the continents of Asia, Europe and Africa. This geographical advantage makes the city an ideal hub for international business and trade. The city has direct flight connections to more than 240 destinations worldwide. This provides a great advantage in terms of transportation and logistics, positioning Dubai as a hub for regional and global trade.

Business Friendly Ecosystem and Legal Infrastructure

Dubai offers a business friendly ecosystem and strong legal infrastructure. The city implements liberal economic policies and investment incentives to attract investors. Free zones, tax advantages and ease of business attract investors to the region. In addition, a strong legal system and regulations that comply with international standards provide confidence to make investments.

Investment Opportunities in Different Sectors

Dubai offers investment opportunities in various sectors. Sectors such as tourism, real estate, finance, trade, logistics, aviation and technology are attractive areas for international investors.

High Quality of Life

The city also stands out for its high standard of living. The city offers world-class education, healthcare, security and quality of life. All these factors cause many investors to turn to Dubai.

Achieve Your Dream Life with Tekce Visa!

Reaching the life of your dreams is now just a phone call away. By contacting Tekce Visa experts, you can easily have the new life waiting for you in Dubai. With our professional staff, we support you at every step of the way when investing in real estate in Dubai, making the purchasing process as easy and safe as possible for you.

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