Dubai population to top 2 million

06/05/2011 - Dubai Investment News Posted by Bob Brunskell
Dubai population to top 2 million
Property investment in Dubai could become a very attractive option this year as new figures show that the emirate's population is set to exceed two million.Emirates 24/7 reported that around 100,000 people are expected to move to Dubai in 2011, which includes expatriates and UAE residents.In 2010, Dubai's population was 1.905 million and stood at 1.771 million the year before.It is expected that this year will see a similar five per cent growth rate.The news provider reported that over a ten-year period between 2000 and 2010, Dubai's population increased 7.3 per cent, which it put down to the economic boom of the nation in the first half of the decade.Figures from the Institute of International Finance show that Dubai's economy will also grow 3.5 per cent this year, compared to a fairly weak rebound seen in 2009 of 1.7 per cent.The report also suggested that the political turmoil in the Middle East will benefit the UAE economy.