What is the relationship between Dubai and the United Arab Emirates?

The UAE includes the following seven Emirates (in geographical order): Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwan, Ras al-Khaimah and Fujairah. Each tribe has its own independent administrative power, including postal services. The UAE covers a total area of 83,600 square kilometers, including 5,900 square kilometers of islands and 77,700 square kilometers of land.

Among them, the largest area is Abu Dhabi Emirates, with 67,000 square kilometers; Followed by Dubai Emirates, covering an area of 3,900 square kilometers; Once again, the emirate of Sharjah, 2,600 square kilometers; The Emirate of Ajman is only 260 square kilometers, while the other three countries: the Emirate of Ras Al Khaimah, the Emirate of Fujairah and the Emirate of Umm Qaiwan have a total area of less than 2,600 square kilometers.

Except for a few mountainous areas in the northeast, most parts of Afghanistan are deserts, depressions and salt flats with an altitude of more than 200 meters.

Affected by the Indian Ocean climate, summer (April-65438+1October) is very hot and humid, with the temperature as high as 45 degrees Celsius (the hottest July can reach 50 degrees Celsius) and the humidity as high as 100%, and there are small sandstorms in some desert areas.

165438+ 10 to March of the following year is winter, and the temperature is not lower than 7 degrees Celsius. February is the rainy season. The annual rainfall is scarce, and the average annual rainfall is less than 100 mm.

Dubai, and Deraa (when it was independent) across the Dubai River, are important trading ports for western manufacturers. Until AD 1990, Dubai still allowed gold to be traded freely. Due to India's restrictions on gold imports, Dubai became a place to smuggle gold to India.

The oil reserves in Dubai are less than those in Abu Dhabi 10% to 20%. Dubai government doesn't want to rely on low oil reserves, so it is committed to economic diversification, vigorously developing business and stimulating enterprise activities to increase financial revenue sources. Dubai's economy has changed from dependence on oil to service and tourism, which has made Dubai's real estate appreciate, and the rapid growth of construction industry has made urban construction experience unprecedented development. With the construction of tourism infrastructure such as theme parks, resorts and stadiums such as Dubai Paradise, tourism has also developed rapidly.

Today, Dubai has not only become an important tourist attraction and port (Jebel Ali artificial port, built in 1960s+0970s, is the largest artificial port in the world), but also an industrial center of information technology and finance, and will own Dubai International Financial Center (DIFC). Emirates International Airlines, 1985 was established in Dubai and located at Dubai International Airport. In 2005, it carried120,000 passengers. Dubai International Airport is one of the most important air transit stations in the Middle East. The oil economy accounts for only a small part of Dubai's economy.

In 20 14, Dubai's economy grew by 3.8%. From the perspective of GDP industry composition, trade (wholesale and retail) accounts for 28.9%, transportation, warehousing and communication account for 15.5%, manufacturing accounts for 13.8%, real estate and business services account for 13.3%, and finance accounts for 168.

Dubai, as a transit hub for Asia, Europe, Africa and India, holds many large-scale international exhibitions, expositions and investment promotion conferences every year, bringing value and income.

Ruler Sheikh is eager to show the city's ultra-modernization through skyscrapers. Since 2000, the Dubai government has started large-scale construction and planning, which not only promoted the boom of real estate in Dubai, but also made Dubai one of the fastest growing cities in the world. In many areas, looking up, in addition to the sky in Dubai, there is at least one crane; Industry experts conservatively estimate that about 15-25% of cranes in the world are in Dubai. The construction speed in Dubai and UAE is usually much faster than that in western countries. This may be because workers from the Indian subcontinent can accept lower wages than other countries.

In 2002, the United Arab Emirates amended its legislation to allow non-UAE nationals to own property (excluding land) in Dubai. The permanent ownership of real estate and the 99-year long-term lease right are still allowed to be sold to individuals who own private companies. A large number of immigrants from various countries moved to Dubai, bringing huge capital and stimulating local economic development. It is estimated that immigrants from Iran alone have invested more than $200 billion in Dubai. The first property owned by non-nationals in the UAE is a villa community consisting of green spaces, fountains and lakes, designed by Emmar Properties and named Emirates Hills. At the same time, Dubai investors also bought a lot of real estate in major cities around the world, such as new york and London. A typical case is the purchase of the building at No.230 Park Avenue in new york (usually called new york Tower or helmsley Tower) and Essex Tower at the southern end of Central Park in 2005.

As professionals and companies all over the world are attracted by Dubai's tax-free policy, the demand for houses in Dubai is in short supply and rents are rising. Although under the order of Sheikh sheikh mohamed, by 2006, the average wage will increase by 65,438+05% every year. The increase in wages shows that uncontrolled rent increases will hurt economic development. The legislative work here reflects in detail that the asset market here is still in its infancy, and the rights of tenants and landlords are based on the principle of instability borrowed from European laws and regulations. According to the standards of international law, most contracts and lease agreements are actually untenable, and their contents are always too favorable to lessors or companies selling land assets.