DUBAI WEATHER

Info Dubai

introduction

Dubai is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is the capital of the Emirate of Dubai, one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East.  It is also a major transport hub for passengers and cargo. By the 1960s,Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969.  Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce.  Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08,  but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

As of 2012, Dubai is the 22nd most expensive city in the world and the most expensive city in the Middle East. In 2014, Dubai's hotel rooms were rated as the second most expensive in the world, after Geneva. Dubai was rated as one of the best places to live in the Middle East by American global consulting firm Mercer.

info
POPULATION : 2,502,715
FOUNDED : 
TIME ZONE : UAE Standard Time (UTC+4)
LANGUAGE : Arabic
RELIGION :
AREA :• Metropolis 4,114 km2 (1,588 sq mi)
• Urban 1,287.4 km2 (497.1 sq mi)
ELEVATION :
COORDINATES : 24°57′N 55°20′E
SEX RATIO : Male: 72%
 Female: 28%
ETHNIC :
AREA CODE : 4
POSTAL CODE :
DIALING CODE :  +971 4
WEBSITE :Dubai Emirate
Dubai Municipality
Dubai Tourism

Tourism

Dubai is a cosmopolitan metropolis and global city on the Arabian Peninsula. One of the ten most popular tourist destinations in the world, it is developing rapidly in tourism and trade. It calls itself one of the more modern and progressive cities in the Middle East, but it has been severely criticized for the mistreatment of workers, especially those whose home countries are on the Subcontinent. Critics investigating the labor situation, including professor Andrew Ross, of New York University, which opened a campus in the UAE in 2014, have been barred from entry by the local authorities. Dubai is sometimes mistakenly thought of as a country, though it is part of the United Arab Emirates.

Dubai is a commercial and cultural hub of the Middle East, it's a global transport hub, and has attracted world attention through many large innovative construction projects and sports events. The city is symbolised by its skyscrapers, including the world's tallest building, Burj Khalifa, in addition to ambitious development projects including man-made islands, world class luxury hotels, and some of the largest and extraordinarily modern shopping malls in the world.

Tourism is an important part of the Dubai government's strategy to maintain the flow of foreign cash into the emirate. Dubai's lure for tourists is based mainly on shopping, but also on its possession of other ancient and modern attractions. As of 2013, Dubai was the 7th most visited city of the world based on air traffic and the fastest growing, increasing by a 10.7% rate. Dubai is expected to accommodate over 15 million tourists by 2015.  The emirate is also the most populous of the seven emirates of the United Arab Emirates.

Dubai has been called the "shopping capital of the Middle East".  Dubai alone has more than 70 shopping centres, including the world's largest shopping centre, Dubai Mall. Dubai is also known for the traditional souk districts located on either side of its creek. Traditionally, dhows from East Asia, China, Sri Lanka, and India would discharge their cargo and the goods would be bargained over in the souks adjacent to the docks. Dubai Creek played a vital role in the sustaining the life of the community in the city and was the resource which originally drove the economic boom in Dubai.  As of September 2013, Dubai creek has been proposed as a UNESCO World Heritage Site.  Many boutiques and jewellery stores are also found in the city. Dubai is also referred to as "the City of Gold" as the Gold Souk in Deira houses nearly 250 gold retail shops.

Dubai Creek Park in Dubai Creek also plays a vital role in Dubai tourism as it showcase some of the most famous tourist attractions in Dubai such as Dolphinarium, Cable Car, Camel Ride, Horse Carriage and Exotic Birds Shows.


Understand

A relatively new tourist destination, Dubai was ranked number 7 among the world's cities for international overnight visitors in 2013. It's essentially a desert city with superb infrastructure and liberal policies (by Islamic standards) that became popular for its excellent tourist amenities. Just a five hour flight from Europe and three hours from most parts of the Middle East, the Near East, and the Indian subcontinent, Dubai makes a great short break for shopping, partying, sunbathing, fine dining, sporting events, and even a few sinful pleasures. Homosexuality is a crime in Dubai, and gay persons may be arrested for public displays of affection of any kind. There is not a single independent media outlet in the UAE. The country is not a democracy, and while there are laws in Dubai, they apply more to some than to others. This being said, Dubai is noticeably less draconian than many of its neighboring countries. Dubai has one of the largest per capita immigrant populations in the world, and the ethnic cuisine on display is superlative by international standards. Personal safety is not an issue in Dubai, and both women and men can walk freely at all hours of the day and night.

Despite the fact that Arabic is the official language, due to the fact that foreigners outnumber Emiratis by almost 4 to 1 in Dubai, it is safe to say that most of the population does not speak it. English serves as the lingua franca, and most Emiratis speak English to be able to communicate with the migrant workers who work for them. In fact, most shops are staffed by Indian or Filipino migrant workers rather than Emiratis.

The weekly day off is Friday. Since September 2006, a harmonised weekend of Friday and Saturday has been adopted for the public sector and schools. Government departments, multinational companies, and most schools and universities take Friday and Saturday off (after years of a mixed bag of Friday/Saturday and Thursday/Friday weekends). Some local companies still work half a day on Thursday with a full day on Saturday, but larger companies tend to permit time off work for their employees on Friday and Saturday.

History

Although stone tools have been found at many archaeological sites, little is known about the UAE's early inhabitants as only a few settlements have been found.  Many ancient towns in the area were trading centers between the Eastern and Western worlds. The remnants of an ancient mangrove swamp, dated at 7000 BC, were discovered during the construction of sewer lines near Dubai Internet City. The area was covered with sand about 5,000 years ago as the coast retreated inland, becoming part of the city's present coastline.  Pre-Islamic ceramics have been found from the 3rd and 4th centuries.  Prior to the introduction of Islam to the area, the people in this region worshiped Bajir (or Bajar).  After the spread of Islam in the region, the Umayyad Caliph of the eastern Islamic world invaded south-east Arabia and drove out the Sassanians. Excavations by the Dubai Museum in the region of Al-Jumayra (Jumeirah) found several artifacts from the Umayyad period.

The earliest recorded mention of Dubai is in 1095 in the Book of Geography by the Andalusian-Arab geographer Abu Abdullah al-Bakri. The Venetian pearl merchant Gaspero Balbi visited the area in 1580 and mentioned Dubai (Dibei) for its pearling industry.

Dubai is thought to have been established as a fishing village in the early 18th century and was, by 1822, a town of some 7–800 members of the Baniyas tribe and subject to the rule of Sheikh Tahnoon of Abu Dhabi.

In 1833, following tribal feuding, members of the Al Bu Falasa tribe seceded from Abu Dhabi and established themselves in Dubai. The exodus from Abu Dhabi was led by Ubaid bin Saeed and Maktum bin Butti who became joint leaders of Dubai until Ubaid died in 1836, leaving Maktum to establish the Maktoum dynasty.

Dubai signed the treaty of 'Perpetual Maritime Truce' of 1853 along with other Trucial States and also – like its neighbours on the Trucial Coast – entered into an exclusivity agreement in which the United Kingdom took responsibility for the emirate's security in 1892.

Two catastrophes struck the town during the 1800s. First, in 1841, a smallpox epidemic broke out in the Bur Dubai locality, forcing residents to relocate east to Deira. Then, in 1894, fire swept through Deira, burning down most homes. However, the town's geographical location continued to attract traders and merchants from around the region. The emir of Dubai was keen to attract foreign traders and lowered trade tax brackets, which lured traders away from Sharjah and Bandar Lengeh, the region's main trade hubs at the time. Persian merchants naturally looked across to the Arab shore of the Persian Gulf finally making their homes in Dubai. They continued to trade with Lingah, however, as do many of the dhows in Dubai Creek today, and they named their district Bastakiya, after the Bastak region in southern Persia.


Pre-oil Dubai

Dubai's geographical proximity to Iran made it an important trade location. The town of Dubai was an important port of call for foreign tradesmen, chiefly those from Iran, many of whom eventually settled in the town. By the beginning of the 20th century, it was an important port.

Dubai was known for its pearl exports until the 1930s; the pearl trade was damaged irreparably by the Great Depression in the 1930s and the innovation of cultured pearls. With the collapse of the pearling industry, Dubai fell into a deep depression and many residents starved or migrated to other parts of the Persian Gulf.

In the early days since its inception, Dubai was constantly at odds with Abu Dhabi. In 1947, a border dispute between Dubai and Abu Dhabi on the northern sector of their mutual border escalated into war.Arbitration by the British and the creation of a buffer frontier running south eastwards from the coast at Ras Hasian resulted in a temporary cessation of hostilities.

Despite a lack of oil, Dubai's ruler from 1948, Sheikh Rashid bin Saeed Al Maktoum, used revenue from trading activities to build infrastructure. Electricity, telephone services, and an airport were established in Dubai in the 1950s and, in 1959, the emirate's first hotel, the Airlines Hotel, was constructed. This was followed by the Ambassador and Carlton Hotel in 1968.

On 7 April 1961, the Dubai-based MV Dara, a five thousand ton British flagged vessel that plied the route between Basra (Iraq), Kuwait and Bombay (India), was caught in unusually high winds off Dubai. Early the next morning in heavy seas off Umm Al Qawain, an explosion tore out the second class cabins and started fires. The captain gave the order to abandon ship but two lifeboats capsized and a second explosion occurred. A flotilla of small boats from Dubai, Sharjah, Ajman and Umm Al Qawain picked up survivors but in all 238 lives were lost in the disaster.

In 1962 the British Political Agent noted that "Many new houses and blocks of offices and flats are being built... the Ruler is determined, against advice [from the British] to press on with the construction of a jet airport... More and more European and Arab firms are opening up and the future looks bright."

The asphalt runway was constructed in 1965, opening Dubai to both regional and long haul traffic. In 1970 a new terminal building was constructed which included Dubai's first duty-free shops.


Oil era

After years of exploration following large finds in neighboring Abu Dhabi, oil was eventually discovered in territorial waters off Dubai in 1966, albeit in far smaller quantities. The first field was named 'Fateh' or 'good fortune'. This led the emirate to grant concessions to international oil companies, thus leading to a massive influx of foreign workers, mainly Asians and Middle easterners. Between 1968 and 1975 the city's population grew by over 300%.

As part of the infrastructure for pumping and transporting oil from the Fateh field, located offshore of the Jebel Ali area of Dubai, a number of 50,000 gallon storage tanks were built, known locally as 'Kazzans',  by welding them together on the beach and then digging them out and floating them to drop onto the seabed at the Fateh field. These were constructed by the Chicago Bridge and Iron Company, which gave the beach its local name (Chicago Beach) until the Chicago Beach Hotel was demolished and replaced by the Jumeirah Beach Hotel in the late nineties.

Dubai had already embarked on a period of infrastructural development and expansion. Oil revenue, flowing from 1969 onwards supported a period of growth with Sheikh Rashid embarking on a policy of building infrastructure and a diversified trading economy before the emirate's limited reserves were depleted. Oil accounted for 24% of GDP in 1990, but had reduced to 7% of GDP by 2004.

Critically, one of the first major projects Sheikh Rashid embarked upon when oil revenue started to flow was the construction of Port Rashid, a deep water free port constructed by British company Halcrow. Originally intended to be a four-berth port, it was extended to sixteen berths as construction was ongoing. The project was an outstanding success, with shipping queuing to access the new facilities. The port was inaugurated on 5 October 1972, although its berths were each pressed into use as soon as they had been built. Port Rashid was to be further expanded in 1975 to add a further 35 berths before the larger port of Jebel Ali was constructed.

Port Rashid was the first of a swathe of projects designed to create a modern trading infrastructure, including roads, bridges, schools and hospitals.


Reaching the UAE's Act of Union

Dubai and the other 'trucial states' had long been a British protectorate where the British took care of foreign policy and defence, as well as arbitrating between the rulers of the Eastern Gulf. This was to change with PM Harold Wilson's announcement, on 16 January 1968, that all British troops were to be withdrawn from 'East of Aden'. The decision was to pitch the coastal emirates, together with Qatar and Bahrain, into fevered negotiations to fill the political vacuum that the British withdrawal would leave behind.

The principle of union was first agreed between the ruler of Abu Dhabi,Sheikh Zayed bin Sultan Al Nahyan, and Sheikh Rashid of Dubai on 18 February 1968 meeting in an encampment at Argoub Al Sedirah, near Al Semeih, a desert stop between the two emirates.  The two agreed to work towards bringing the other emirates, including Qatar and Bahrain, into the union. Over the next two years, negotiations and meetings of the rulers followed -often stormy- as a form of union was thrashed out. The nine-state union was never to recover from the October 1969 meeting where heavy-handed British intervention resulted in a walk-out by Qatar and Ras Al Khaimah.  Bahrain and Qatar were to drop out of talks, leaving only six emirates to agree on union on 18 July 1971.

On 2 December 1971, Dubai, together with Abu Dhabi, Sharjah, Ajman,Umm Al Qawain and Fujairah joined in the Act of Union to form the United Arab Emirates. The seventh emirate, Ras Al Khaimah, joined the UAE on 10 February 1972, following giant non-Arab neighbour Iran's annexation of the RAK-owned Tunbs islands.

In 1973, Dubai joined the other emirates to adopt a uniform currency: the UAE dirham. In that same year, the prior monetary union with Qatar was dissolved and the UAE Dirham was introduced throughout the Emirates.


Modern Dubai

During the 1970s, Dubai continued to grow from revenues generated from oil and trade, even as the city saw an influx of immigrants fleeing the Lebanese civil war. Border disputes between the emirates continued even after the formation of the UAE; it was only in 1979 that a formal compromise was reached that ended disagreements.  The Jebel Ali port was established in 1979. JAFZA (Jebel Ali Free Zone) was built around the port in 1985 to provide foreign companies unrestricted import of labor and export capital. Dubai airport and the aviation industry also continued to grow.

The Gulf War of 1990 had a negative financial effect on the city, as depositors withdrew their money and traders withdrew their trade, but subsequently, the city recovered in a changing political climate and thrived. Later in the 1990s, many foreign trading communities—first from Kuwait, during the Gulf War, and later from Bahrain, during the Shia unrest—moved their businesses to Dubai.  Dubai provided refueling bases to allied forces at the Jebel Ali Free Zone during the Gulf War, and again during the2003 Invasion of Iraq. Large increases in oil prices after the Gulf War encouraged Dubai to continue to focus on free trade and tourism.

Climate

Dubai has a hot desert climate. Summers in Dubai are extremely hot, windy, and humid, with an average high around 41 °C (106 °F) and overnight lows around 30 °C (86 °F) in the hottest month, August. Most days are sunny throughout the year. Winters are warm with an average high of 24 °C (75 °F) and overnight lows of 14 °C (57 °F) in January, the coldest month. Precipitation, however, has been increasing in the last few decades, with accumulated rain reaching 94.3 mm (3.71 in) per year. Dubai summers are also known for the moderate to high humidity level, which can make it uncomfortable for many.  The highest recorded temperature in Dubai is 52.1 °C (126 °F), reached in July 2002.

MonthJanFebMarAprMayJunJulAugSepOctNovDec 
Record high °C (°F)31.6
(88.9)
37.5
(99.5)
41.3
(106.3)
43.5
(110.3)
47.0
(116.6)
46.7
(116.1)
49.0
(120.2)
48.7
(119.7)
45.1
(113.2)
42.0
(107.6)
41.0
(105.8)
35.5
(95.9)
 
Average high °C (°F)23.9
(75)
25.4
(77.7)
28.4
(83.1)
33.0
(91.4)
37.7
(99.9)
39.5
(103.1)
40.9
(105.6)
41.3
(106.3)
38.9
(102)
35.4
(95.7)
30.6
(87.1)
26.2
(79.2)
 
Average low °C (°F)14.3
(57.7)
15.5
(59.9)
17.7
(63.9)
21.0
(69.8)
25.1
(77.2)
27.3
(81.1)
30.0
(86)
30.4
(86.7)
27.7
(81.9)
24.1
(75.4)
20.1
(68.2)
16.3
(61.3)
 
Record low °C (°F)6.1
(43)
6.9
(44.4)
9.0
(48.2)
13.4
(56.1)
15.1
(59.2)
18.2
(64.8)
20.4
(68.7)
23.1
(73.6)
16.5
(61.7)
15.0
(59)
11.8
(53.2)
8.2
(46.8)
 
              
Source #1: Dubai Meteorological Office
Source #2: climatebase.ru 


Dubai mean sea temperature

JanFebMarAprMayJunJulAugSepOctNovDec
23.4 °C (74.1 °F)21.9 °C (71.4 °F)23.2 °C (73.8 °F)25.5 °C (77.9 °F)28.8 °C (83.8 °F)31.6 °C (88.9 °F)32.7 °C (90.9 °F)33.5 °C (92.3 °F)33.1 °C (91.6 °F)31.3 °C (88.3 °F)28.6 °C (83.5 °F)25.4 °C (77.7 °F)

Geography

Dubai is situated on the Persian Gulf coast of the United Arab Emirates and is roughly at sea level (16 m or 52 ft above). The emirate of Dubai shares borders with Abu Dhabi in the south, Sharjah in the northeast, and the Sultanate of Oman in the southeast. Hatta, a minor exclave of the emirate, is surrounded on three sides by Oman and by the emirates of Ajman (in the west) and Ras Al Khaimah (in the north). The Persian Gulf borders the western coast of the emirate. Dubai is positioned at 25.2697°N 55.3095°E and covers an area of 1,588 sq mi (4,110 km2), which represents a significant expansion beyond its initial 1,500 sq mi (3,900 km2) designation due to land reclamation from the sea.

Dubai lies directly within the Arabian Desert. However, the topography of Dubai is significantly different from that of the southern portion of the UAE in that much of Dubai's landscape is highlighted by sandy desert patterns, while gravel deserts dominate much of the southern region of the country. The sand consists mostly of crushed shell and coral and is fine, clean and white. East of the city, the salt-crusted coastal plains, known as sabkha, give way to a north-south running line of dunes. Farther east, the dunes grow larger and are tinged red with iron oxide.

The flat sandy desert gives way to the Western Hajar Mountains, which run alongside Dubai's border with Oman at Hatta. The Western Hajar chain has an arid, jagged and shattered landscape, whose mountains rise to about 1,300 metres (4,265 feet) in some places. Dubai has no natural river bodies or oases; however, Dubai does have a natural inlet, Dubai Creek, which has been dredged to make it deep enough for large vessels to pass through. Dubai also has multiple gorges and waterholes, which dot the base of the Western Al Hajar mountains. A vast sea of sand dunes covers much of southern Dubai and eventually leads into the desert known as The Empty Quarter. Seismically, Dubai is in a very stable zone—the nearest seismic fault line, the Zagros Fault, is 200 kilometres (124 miles) from the UAE and is unlikely to have any seismic impact on Dubai.  Experts also predict that the possibility of a tsunami in the region is minimal because the Persian Gulf waters are not deep enough to trigger a tsunami.

The sandy desert surrounding the city supports wild grasses and occasional date palms. Desert hyacinths grow in the sabkha plains east of the city, while acacia and ghaf trees grow in the flat plains within the proximity of the Western Al Hajar mountains. Several indigenous trees such as the date palm and neem as well as imported trees such as the eucalypts grow in Dubai's natural parks. The houbara bustard, striped hyena, caracal,desert fox, falcon and Arabian oryx are common in Dubai's desert. Dubai is on the migration path between Europe, Asia and Africa, and more than 320 migratory bird species pass through the emirate in spring and autumn. The waters of Dubai are home to more than 300 species of fish, including the hammour. The typical marine life off the Dubai coast includes tropical fish, jellyfish, coral, dugong, dolphins, whales and sharks. Various types of turtles can also be found in the area including the hawksbill turtle and green turtle, which are listed as endangered species.

Dubai Creek runs northeast-southwest through the city. The eastern section of the city forms the locality of Deira and is flanked by the emirate of Sharjah in the east and the town of Al Aweer in the south. The Dubai International Airport is located south of Deira, while the Palm Deira is located north of Deira in the Persian Gulf. Much of Dubai's real-estate boom is concentrated to the west of Dubai Creek, on the Jumeirah coastal belt. Port Rashid, Jebel Ali, Burj Al Arab, the Palm Jumeirah and theme-based free-zone clusters such as Business Bay are all located in this section.

Economy

One of the world's fastest growing economies,  Dubai's gross domestic product is projected at USD 107.1 billion, with a growth rate of 6.1% in 2014. Although a number of core elements of Dubai's trading infrastructure were built on the back of the oil industry,  revenues from oil and natural gas account for less than 5% of the emirate's revenues.  It is estimated that Dubai produces 50,000 to 70,000 barrels (7,900 to 11,100 m3) of oil a day  and substantial quantities of gas from offshore fields. The emirate's share in the UAE's total gas revenues is about 2%. Dubai's oil reserves have diminished significantly and are expected to be exhausted in 20 years.  Real estate and construction (22.6%), trade (16%), entrepôt (15%) and financial services (11%) are the largest contributors to Dubai's economy.

Dubai’s non-oil foreign trade stood at $362 billion in 2014. Of the overall trade volumes, imports had the biggest share with a value of $230 billion while exports and re-exports to the emirate stood at $31 billion and $101 billion respectively.

By 2014, China had emerged as Dubai's largest international trading partner, with a total of $47.7 billion in trade flows, up 29% from 2013. India was second among Dubai’s key trading partners with a trade of $29.7 billion, followed by the United States at $22.62 billion. The Kingdom of Saudi Arabia was Dubai’s fourth trading partner globally and first in the GCC and Arab world with a total trade value of $14.2 billion. Trade with Germany in 2014 totalled $12.3, Switzerland and Japan both at $11.72 billion and UK trade totalled $10.9 billion.

Historically, Dubai and its twin across Dubai Creek, Deira (independent of Dubai City at that time), were important ports of call for Western manufacturers. Most of the new city's banking and financial centres were headquartered in the port area. Dubai maintained its importance as a trade route through the 1970s and 1980s. Dubai has a free trade in gold and, until the 1990s, was the hub of a "brisk smuggling trade"  of gold ingots to India, where gold import was restricted. Dubai's Jebel Ali port, constructed in the 1970s, has the largest man-made harbour in the world and was ranked seventh globally for the volume of container traffic it supports.  Dubai is also a hub for service industries such as information technology and finance, with industry-specific free zones throughout the city.  Dubai Internet City, combined with Dubai Media City as part of TECOM (Dubai Technology, Electronic Commerce and Media Free Zone Authority), is one such enclave, whose members include IT firms such as Hewlett-Packard, EMC Corporation, Oracle Corporation, Microsoft, Dell and IBM, and media organisations such as MBC, CNN, BBC, Reuters, Sky News and AP.

The government's decision to diversify from a trade-based, oil-reliant economy to one that is service- and tourism-oriented made property more valuable, resulting in the property appreciation from 2004 to 2006. A longer-term assessment of Dubai's property market, however, showed depreciation; some properties lost as much as 64% of their value from 2001 to November 2008.  The large-scale real estate development projects have led to the construction of some of the tallest skyscrapers and largest projects in the world such as the Emirates Towers, the Burj Khalifa, the Palm Islands and the most expensive hotel, the Burj Al Arab. Dubai's property market experienced a major downturn in 2008  and 2009 as a result of the slowing economic climate. By early 2009, the situation had worsened with the Great Recession taking a heavy toll on property values, construction and employment.  This has had a major impact on property investors in the region, some of whom were unable to release funds from investments made in property developments.  As of February 2009, Dubai's foreign debt was estimated at approximately $80 billion, although this is a tiny fraction of the sovereign debt worldwide.  Dubai real estate and UAE property experts believe that by avoiding the mistakes of the past, Dubai's realty market can achieve stability in the future.

The Dubai Financial Market (DFM) was established in March 2000 as a secondary market for trading securities and bonds, both local and foreign. As of fourth quarter 2006, its trading volume stood at about 400 billion shares, worth $95 billion in total. The DFM had a market capitalisation of about $87 billion. The other Dubai-based stock exchange is NASDAQ Dubai, which is the international stock exchange in the Middle East. It enables a range of companies, including UAE and regional small and medium-sized enterprises, to trade on an exchange with an international brand name, with access by both regional and international investors.

Dubai is also known as the City of Gold, because a major part of the economy is based on gold trades, with Dubai's total gold trading volumes in H1 2011 reaching 580 tonnes, with an average price of US$1,455 per troy ounce.

A City Mayors survey ranked Dubai 44th among the world's best financial cities in 2007, while another report by City Mayors indicated that Dubai was the world's 27th richest city in 2012, in terms of purchasing power parity (PPP).  Dubai is also an international financial centre and has been ranked 37th within the top 50 global financial cities as surveyed by the MasterCard Worldwide Centres of Commerce Index (2007), and 1st within the Middle East.

In 2012, the Global City Competitiveness Index by the Economist Intelligence Unit ranked Dubai at No. 40 with a total score of 55.9. According to its 2013 research report on the future competitiveness of cities, in 2025, Dubai will have moved up to 23rd place overall in the Index.  Indians, followed by Britons and Pakistanis are the top foreign investors in Dubai realty.

Dubai has launched several major projects to support its economy and develop different sectors. These include Dubai Fashion 2020,  and Dubai Design District, expected to become a home to leading local and international designers. The AED 4 billion first phase of the project will be complete by January 2015.

Subdivisions

Deira
The old financial centre, today a bustling commercial–residential district with old souks, including one specializing in spices

Bur Dubai
An historical district on the south side of Dubai Creek, with attractions from abras to souks to floating restaurants to the famous Creek
Jumeirah
A diverse mix of residents and tourists at the beach. It is a mixed Little Europe, Karachi and Manila. Jumeirah is much favoured by Europeans due to easy access to the beach. Jumeirah Beach, Dubai Marina and Jumeirah Mosque are the top attractions. Marina is a mega-development full of skyscrapers. Also covering the Dubai Mall and Burj Khalifa.
Jebel Ali
Mega man-made port, location of the new airport, Dubai World Central, the venue for Expo 2020, and the entry point to the Palm Jebel Ali

Emirates Road
Suburban Dubai inland from the coast

Internet, Comunication

PHONE

The international code for UAE is +971, for Dubai, add a 4 afterwards for land lines.

Local mobile phone numbers start +971 50 xxx yyyy or +971 56 xxx yyyy for the GSM provider Etisalat and +971 55 xxx yyyy for the GSM provider Du.

GSM – Those with GSM phones can expect auto roaming from their home countries. As roaming fees are quite high (easily 3 USD per minute and often more for a call to Europe) and incoming calls are also charged, consider to buy a local prepaid GSM SIM card, designed especially for tourists, from one of the two cellular providers of the UAE:

  • Etisalat - product Ahlan - 90 Dirhams - available at the Duty Free Shop (arrival hall) of Dubai Airport
  • Du - product Visitor Mobile Line - 70 Dirhams - available at theTelefonika kiosk in the arrival hall of Dubai Airport.

Using these products, calls to Europe will be charged at maximum of about 0.55 USD per minute. Incoming calls are free of charge.

Phone booths – Phone booths are located on most streets. Phone cards can be purchased from hotels and tourist shops.


Internet

Internet cafés can be hard to find. The usual rate per hour is 3-4 AED. There are a number of cafés on Al Musalla Rd/Al Mankhool Rd in Bur Dubai, including one at 38 Al Musalla Rd and one at Computer Plaza next to the Ramada Hotel. A number of Internet cafes are found in Satwa too. In Satwa there is the French Connection in the Al Wafa Tower on Sheikh Zayed Rd (opposite side of road from the Dusit Hotel), which has wi-fi access and nice cakes/pastries. In Al Qusais, there is an internet café a 5 minute walk northwest from the Dubai Youth Hostel. Turn right out of the gates and walk to LuLu's Hypermarket. The café is located inside the food court and charges AED 4.00 per hour. Note that the Skype website is currently blocked. Gaming cafes aimed at teenagers are dotted around, notable examples including Escape gaming zone (opposite lulu hypermarket in al barsha), Que club in al barsha and behind Lamcy plaza.

Surprisingly, the malls do not have internet cafés. Dubai Mall offers free Wi-Fi throughout. Mall of the Emirates offers free Wi-Fi, but you must have a local phone number. Many coffee-shops, restaurants and attractions also have free Wi-Fi, and you'll usually have to ask for the password. Most hotel business centres are equipped with internet cafés, but are expensive.

Etisalat, UAE's telecom operator, offers a roaming, post paid Wi-Fi internet connection known as iZone . Most coffee shops and malls across Dubai provide this service. Prices are available on the website. For those still using dial-up internet Etisalat provide a service when you can plug into any phone line and the line will be charged 0.5 dhs a minute

Dubai International Airport (DXB) has free Wi-Fi in the terminal. Bring your laptop to use free Wi-Fi at some hotels. There are many free public Wi-Fi spots in Dubai.


Post service

Emirates Post service is pretty efficient. You will need to rent a P.O. Box as postal service to the door is not the standard.


Newspapers and radio

Thanks to the large influx of expatriates, Dubai has a wide selection of English-language newspapers and radio channels.

International newspapers are also available in most hotels and airport terminals. Carrefour and Borders bookstores sell British and American newspapers. Todaily, a local printing house, can furnish newspapers and periodicals from around the world daily.

United Arab Emirates - Travel guide

TOP

Pin It on Pinterest