Many theories have been proposed as to origin of the word "Dubai". 8.7 Address Beach Resort and Address Beach Residences.The city has a population of around 3.4 million (as of 2021). Oil production contributed less than 1 percent of the emirate's GDP in 2018. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. It is also a major global transport hub for passengers and cargo. Located in the eastern part of the Arabian Peninsula on the coast of the Arabian Gulf, Dubai aims to be the business hub of Western Asia. Because of upcoming competition and other reasons, the taller Creek Tower is being built to keep that title. This can be accredited to Dubai's mix of cosmopolitan lifestyle and local culture, as well as the city's having the second most five-star hotels in the world and the tallest building in the world, the Burj Khalifa.
Dubai is one of the world's most popular tourist destinations. Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century into a cosmopolitan metropolis with a focus on tourism and hospitality. (2021)source: Dubai Statistics Center ĭubai ( / d uː ˈ b aɪ/, doo- BY Arabic: دبي, romanized: Dubayy, IPA:, Gulf Arabic pronunciation: ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai.
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