It seems that the era of lucrative investment in Dubai never stops. A host of investors are still money pouring in and out of this seemingly unstoppable futuristic city. In addition, recently launched projects in other Emirates have generated great interest from the public and local authorities to develop their own infrastructure and lifestyle for the growing tourism industry and business industry.
Ajman, Abu Dhabi and Ras Al Khaimah are the Emirates that have succeeded in continuing the vision of Dubai. The incentive is, of course, the price, an apartment in Dubai will cost you three times more than an apartment in Ajman, a commercial space in Dubai will cost you almost the same as in Abu Dhabi, but the capital and the payment plan are more convenient. Discussions about a casino in Ajman, enthusiasm to create a new Las Vegas in the United Arab Emirates, will attract a flow of tourism in the region. The predictions are that the hotel industry will explode in that emirate. Our recommendation is to invest in tourism (hotels, retail stores, etc.). These industries will continue to grow at a higher rate each year closer to the completion of the vision that is Dubai and many years after.
Dubai is becoming a multipurpose hub for the region, a transit destination for the Asian and South African economies, a communication platform, and a destination for shopping or vacationing. The rulers of the Emirates have achieved their goal of putting not only Dubai but the entire UAE on the map.