Dubai to emerge as fastest growing emirate

19/05/2009 - Dubai Property News
Dubai to emerge as fastest growing emirate

The UAE population is set to grow 6.3 per cent this year, with Dubai expected to record the most rapid growth of all the emirates, new figures indicate.

Official stats forecast that the total population of the UAE will increase by 300,000 this year, making this the fastest growth rate seen in five years.

Overseas residents are evidently continuing to flock to the emirate interested in Dubai property for sale.

Speaking to Emirates Business, an Abu Dhabi-based economist commented: "The UAE still has one of the highest population growth rates in the world and last year's rate was more than double the average global growth."

He added that the figures demonstrate that few people are leaving the emirates.

In addition to its responsibility for compiling these statistics, the Ministry of Economy also works closely with both public and private partners to ensure that the interests of both sectors are promoted.

This may make Dubai an attractive location for those looking for commercial property for sale.ADNFCR-2019-ID-19177500-ADNFCR