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OVERVIEW

OVERVIEW. OF. DUBAI. Dubai. The signs of evolution…. The changing skyline. 1970s. 2006. The changing market. 1970s. 2006. The changing environment. 2006. 1970s. The changing wheels. 2006. 1970s. The changing sports. 2006. 1970s. The changing towers.

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OVERVIEW

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  1. OVERVIEW OF DUBAI

  2. Dubai The signs of evolution…

  3. The changing skyline 1970s 2006

  4. The changing market 1970s 2006

  5. The changing environment 2006 1970s

  6. The changing wheels 2006 1970s

  7. The changing sports 2006 1970s

  8. The changing towers The future 1970s

  9. ECONOMIC INDICATORS – 2005 • GDP at Factor Costs (Approx.) • G D P of Dubai - AED 137.4 Billion is expected to be 190.3 Billion by 2010 • Non – Oil - AED 130.6 Billion • Real Estate - Over AED 14 Billion • POPULATION : • Dubai - 1.3 Million and is expected to be2.1 Million by 2010 • UAE - 4.1 Million • % of Growth in population of Dubai – 12% * An approximate estimate based on a secondary Data

  10. ECONOMIC INDICATORS – 2005 (EMPLOYMENT BY SECTORS) TRADING 25% OTHERS 26% RESTAURANTS & HOTELS 6% CONSTRUCTION 25% TRANSPORT 6% MANUFACTURING INDUSTRIES 12% * An approximate estimate based on a secondary Data

  11. ECONOMIC INDICATORS – 2005 DUBAI AIRPORT STATISTICS - 2005 • Passenger movement in Dubai – 25 Million and is expected to be60 Million by 2010 • Tourist Population – 6 Million and is expected to be 15 Million by 2010 • Growth of Passenger Traffic – In Last 10 years – Singapore 50% Dubai 500% • Cargo Movement – 1.3 Million Tonnes Per Annum • No. of Air Craft Movement – 217,165 DUBAI WORLD CENTRAL : By 2015 with the completion of the USD 33 billion Dubai World Central passengerhandling capacity will increase to 120 million passengers and 12 million tonnes of Cargo annually. * An approximate estimate based on a secondary Data

  12. DUBAI – Various Developments

  13. The Progress… • Turn of the millennium Dubai announced various large scale projects and ventures. • The turning point – launch of Dubai Marina and Emirates Hills - 99-year leasehold. • The next step in 2002 - announcement of freehold ownership.

  14. REAL ESTATE FACTS • Investment in Dubai’s Real Estate is over AED 150 billion, between 2005- 2006. * An approximate estimate based on a secondary Data

  15. REAL ESTATE FACTS • 50% of UAE Bank’s profits in the year 2005 came from either Investment or Funding in Real Estate. • USD 45 billion has been disbursed for various projects funding • Over AED 22 billion is allocated by Govt. of Dubai on Infrastructure Development, in the medium term • AED 4 Billion Metro Rail Project under way and the first phase is expected to be completed by 2009 * An approximate estimate based on a secondary Data

  16. INTRESTING FACTS ON THE INFLOW TO DUBAI • 30,000 Visas / Day (including Tourist, Work, Residence, Transit etc..) • Of which 15,000 Visas are issued by Internet • 6000 e – Cards / Month or 72,000 / year • On an average 7500 residents / month – add to the demand for Residential Properties in Dubai. • There by Creating a demand of 90,000 homes / year and consequent requirement of offices & Retails space. * An approximate estimate based on a secondary Data

  17. THE VARIOUS MISSIONS OF THE VISIONARY GOVERNMENT DIFC, DIFX, DFSA, DFM,DHCC, DMCC, DDE, DTTC, DGCX, DME, DWC, DAE, DIC, ACADEMIC CITY, DOZ, DUBIOTECH,IMPZ,DSC,DU, DSO… Through the above missions, an estimated 250,000 jobs is expected to be created over the next 5 years. * An approximate estimate based on a secondary Data

  18. DEVELOPMENTS PLANNEDBETWEEN 2004 – 2012 IN DUBAI * An approximate estimate based on a secondary Data

  19. COMPARISION OF RESIDENTIAL PROPERTY PRICES OF IMPORTANT CITIES IN THE WORLD * An approximate estimate based on a secondary Data

  20. COMPARISION OF RENTAL YIELDS OF IMPORTANT CITIES IN THE WORLD * An approximate estimate based on a secondary Data

  21. NEW AVENUES IN REAL ESTATE INVESTMENT • REITS (Real Estate Investment Trusts) • Property Funds – From WEST • CONDO Offices / Rental Pool

  22. NOW IS THE TIME TO INVEST • Real Estate – Steady, good and continuous returns unlike other instruments • Owning an asset in one the fast growing cities in the world and a future world capital • Safety and political stability • Flexible mortgage options available

  23. We have to make history and approach the future with steady steps, not wait for the future to come to us By His Highness Sheikh Mohammed bin Rashid Al Maktoum

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