Dubai is built around the principles of free trade, foreign investment, and sound business practices. It was declared Dubai as a free port abolishing all tariffs.The Dubai property market is setting the standards for property development throughout the world and with landmark developments such as Dubailand, Dubai Sports City, The World and The Palm, the Dubai property market will remain the future of overseas real estate investment for years to come.Dubai was the first emirate of the UAE to get involved in Freehold Real Estate, at a time when UAE and GCC nationals were only permitted to own property in the United Arab Emirates. Buying real estate in the Emirates is slowly changing and becoming more available to expats.Dubai has seen a remarkable growth in property. Previously, only native citizens were allowed to own property in Dubai, but now anyone can purchase property in Dubai.
