Welcome to Dubai
Known for its palm-shaped islands and spectacular skyscrapers, Dubai is a fusion of ancient traditions and futuristic vision. The largest of the seven emirates, the multicultural metropolis has boomed into a global hub offering a kaleidoscope of experiences, world-class shopping and gastronomic cuisine. Tourism in Dubai is experiencing tremendous growth over the years. In the recent past, it has been a major source of the UAE's economic growth.
Tourism in Dubai
The city of high-rises, mega malls and luxury resorts, Dubai has invested billions into developing the world’s best tourism infrastructure and frequently tops the list of Guinness World Records for its superlative landmarks and iconic attractions. Among these are the world’s tallest building, Burj Khalifa, and the highest Ferris wheel, Ain Dubai (Dubai Eye), on Bluewaters Island.
"There are 237 skyscrapers in Dubai, the 4th highest city by number and height!"
Named the world’s most popular travel destination for 2022 by TripAdvisor, Dubai offers an enticing array of bucket-list adventures, from skydiving to unforgettable Dubai safari excursions. Other world-famous attractions to visit in Dubai include the Dubai Frame, Museum of the Future, and Dubai Miracle Garden, the world’s largest natural flower garden.
Dubai is also home to the UAE’s largest shopping mall, The Dubai Mall, which is equivalent in size to 50 soccer fields and one of the best places to go in Dubai to shop for luxury brands!
One of the World’s Safest Cities
Dubai and the UAE consistently rank among the world’s safest destinations to live, work and visit. In fact, Dubai ranked third worldwide for safety and security in InterNations’ 2021 Expat Insider Report.
Following the implementation of world-leading health initiatives to mitigate the spread of Covid-19, the UAE was among the first countries in the world to offer free vaccines to its citizens and is now the second-highest vaccinated country in the world. Dubai earned the ‘Safe Travels’ stamp from the World Travel & Tourism Council for its efforts to combat the pandemic.
Dubai’s stable economy and peaceful political climate make it one of the best places to invest. The Real Estate Regulatory Agency (RERA) and the Dubai Land Department provide strong governance, allowing property investors the chance to capitalise on the city’s phenomenal growth under controlled regulation.
A Global Hub for Tourism & Investment
Busiest International Passenger Airport
TripAdvisor’s top global tourism destination for 2022
Safest City in the World
Most-Visited City in the World
Dubai’s hotel sector has become a lucrative investment option driven by the city’s strong tourism and its status as the Middle East’s most advanced hub. The second wealthiest emirate in the UAE, Dubai’s currency is pegged against the US Dollar, making it viable for international investors to buy property in Dubai. Its hotel industry has enjoyed 40% annual growth since Dubai’s hotel boom and ranks third among the world’s top Foreign Direct Investment cities.
Dubai’s Top Neighborhoods
Home to the world's largest man-made waterway, Dubai Marina is famed for its magnificent skyscrapers, cosmopolitan vibe and luxurious setting. Some of Dubai’s most famous hotels are in Dubai Marina, which has emerged as the city’s top investment destination offering prime real estate with stunning views of the Arabian coastline. The precinct is close to popular Dubai tourist attractions, including Ski Dubai in Mall of Emirates, Dubai Water Park at Palm Jumeirah, Ain Dubai on Bluewaters Island and The View at The Palm.
Voted the World's Coolest Neighborhood to Visit by Lonely Planet, Business Bay is a thriving residential and business hub renowned for its luxury Dubai hotels, trendy restaurants and world-class facilities. Nestled between Downtown Dubai and Dubai Marina, it's home to the longest waterfront promenade in Dubai, the Dubai Canal, which offers an array of recreational activities along its picturesque boardwalk.
Situated in the heart of New Dubai, Jumeirah Village (JV) is one of the city’s fastest-growing communities comprising two adjacent precincts, Jumeirah Village Circle and Jumeirah Village Triangle. Both districts are known for being affordable places to live in Dubai and are the best places in Dubai for families.
Barsha Heights is a bustling business hub by day that transforms into a dazzling nightlife destination. Some of Dubai’s most popular hotels and restaurants are in Barsha Heights, and people love it for its cosmopolitan vibe. One of Dubai’s best-connected precincts, it's close to the city’s creative free zones, Dubai Internet City and only a 20-minute drive from Dubai’s top beaches.
Home to the Dubai International Cricket Council and the Els Golf Club, Dubai Sports City is the city’s premier sporting district comprising three smaller areas – Victory Heights, Gallery Villas and Canal Residence. It offers a fantastic selection of recreational facilities suited for families and professionals who enjoy sports and outdoor living.
Dubai Now and the Future
Traditionally known as one of the world’s top luxury travel destinations, Dubai has diversified its tourism offering in the past decade, transforming itself into one of the best-value, family friendly destinations on the planet.
The immense growth of its upscale hotel sector – in which The First Group is a major player – has also helped make it one of the world’s most dynamic hotel investment destinations.
Looking ahead, Dubai’s visionary Urban Master Plan provides a roadmap for the emirate’s development for the next two decades. While parkland and recreational space will account for more than half of the city’s total area, Dubai’s infrastructure will be able to cater for the 5.8 million people who will call Dubai home by 2040.
The Plan also calls for an increase in total space dedicated to hotels and tourism activities by 134% compared with today, while the area used for commercial activities will increase to 168 sq km.
This is great news for international hotel and hospitality investors who are keen to tap into Dubai’s incredible growth trajectory forecast for the next 20 years.
DOWNLOAD OUR WHY DUBAI REPORT
Want to find out why The First Group is suggesting investments in Dubai, then complete this form and download our Why Dubai report.