The golden clockwork of a futuristic Dubai Foreign investment oiling

Nearly twenty years ago, Dubai was an emirate that had oil to fuel its economy, and even thought it still has some left in those deep dark wells, Dubai knows it cannot rely on oil forever. Every little thing that pops up in the minds of the ruling authorities, since the beginning, was for the betterment of Dubai and its residents. In a nutshell, it is the dream of Dubai’s rulers to see the emirate as a prosperous global city and the real estate sector plays a significant role in fulfilling that dream Apartments Palm Jumeirah.

So what will power the economy of the emirate when all its oil is gone? Many people believe that the answer to this question is tourism and the real estate sector. And why couldn’t be that true? After all, according to the statistics revealed by Dubai Land Department (DLD) in January 2015, the foreign investment in real estate in 2014 reached a staggering amount of AED 64 billion through 29,098 transactions. From where else could Dubai gain that kind of investment, even with the cooling measures effectively decreasing the number of property transactions throughout 2014?

The plan of action seems wondrous. With every gear and lever of this brilliant clockwork functioning efficiently, carefully oiled by the creation of attractive job opportunities and awe-inspiring attractions, Dubai is engulfing the entire world to assist it in the fulfillment of its ruler’s vision. The most powerful gears strengthening this delicate mechanism are made in India, England, and Pakistan. According to DLD, the highest investments in real estate came from these three countries in 2014.

Unveiling the specifics, the total investment from the Indians in 2014 summed up to a total of AED 18.123 billion through 7,353 transactions. England pitched in with investments totalling AED 9.318 billion, and from Pakistan, the investments totalled AED 7.588 billion through 5,079 transactions.

While the vision of the rulers is cherished among policy makers and executive bodies of the emirate, the very vision is also helping people across the globe to a happier life and a prosperous future. If you have found a good job with an attractive salary package, you can find your home in Dubai from this list here.