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Q.
Is it risky investing in Dubai?
A.
It is the most stable country in the Middle East, the
safest country in the world, as ranked by Interpol for
four straight years. Politically speaking, it has one
of the most stable governments in the region. It is
also the wealthiest nation and the fastest growing nation
in the world.
For
what it's worth, Dubai also has the tallest skyscraper
(the Burj Dubai Tower), the biggest mall (Dubai Mall,
9 million sq. ft. and over 1,000 stores), an indoor
ski resort (Ski Dubai equal in size to three football
fields) and the only seven-star hotel in the world (Burj
al Arab).
When
Dubailand is complete, it will also have the world's
biggest theme park (nearly three times the size of all
of Orlando's Walt Disney World).
Dubai
is also building what will be the world's largest airport
able to handle 120 million passengers. The Jebel Ali
International Airport (JXB) will be the combined size
of London's Heathrow and Chicago's O'Hare airports and
10 times bigger than Dubai International Airport.
Feel
free to search for additional information on any of
the above references. You'll find plenty of information
online to back up these claims.
The
above question was submitted via e-mail by a visitor
to www.CondoHotelsDubai.com.
The answer was prepared by Joel Greene, a licensed real
estate broker, who specializes in condo hotels and the
Dubai real estate market.
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