One Investments Global & The Development of Dubai
With a stable infrastructure, technological innovation, and continuous economic growth, Dubai has become a leading global metropolis and a prime investment platform with capital streaming in from multiple markets.
Contrary to popular belief, Dubai’s economy is not dependent on oil revenue as it constitutes only 3% of the city’s GDP. A leader in diversification, Dubai’s exponential growth is chiefly the result of foreign investment in the real estate market. Being the second wealthiest emirate in the UAE, Dubai is the Middle East’s global hub for investment opportunities. One Investments Global, a prominent property investment company with headquarters in Central London and Dubai, claims that Dubai’s gross domestic product is not oil based and the city’s diversified economy has made it a global leader in various sectors.
Leader in Developments
Realizing that the oil industry would not be Dubai’s primary source of revenue, the United Arab Emirates adopted a series of projects that would help the city’s economy flourish. Dubai is now home to some of the most advanced and sophisticated developments including the Burj Khalifa, the world’s tallest building, and the Princess Towers, the highest residential skyscraper to date. With a strategically diverse economy, Dubai has embraced foreign investments and innovation has played a significant role in the city’s success. One of the richest cities in the world, Dubai has emerged as an international tourist destination and transitioned into a thriving metropolis, setting the precedence for modernity and elegance.
Improved Transportation
With approximately 80% of Dubai’s total population being born outside of the city, transport systems are a priority amongst government officials. Currently, the RTA is responsible for all transport systems and have made substantial efforts in improving the quality of life for residents of the city.
From road enhancements to an integration of a metro route, all efforts to reduce traffic congestion has been successful. Likewise, the Dubai International Airport has grown from 16 million passengers in 2002, to over 90 million in 2017, making it one of the largest airports in the world.
Trading & Export Hub
Within a short amount of time, Dubai has developed from a regional to a global trade operator. Strategically located between East and West, Dubai is one of the most connected cities in the world having ties with over 200 countries. With a diverse economy and open business fundamentals, Dubai is known as an investors ‘safe haven’.
One of the Safest Places in the World
Despite a growing population, Dubai is one of the safest cities in the world. Over the last decade, authorities have worked diligently to reduce the amount of international crime. As a result, the crime index decreased by approximately 15% in 2017 and just under 40% in the last 5 years. Dubai’s legal legislation remains high as the government prioritizes the safety of its citizens and values internal security.
One Investments Global is a leader in international property investment. Having completed over 50 successful projects, they work hard to deliver optimal results. One Investments Global has both the expertise and the experience to deliver superior customer service. For more information visit oneinvestments.co.uk/dubai.