No/low tax

• Personal income tax is at 0% (no tax on individuals on federal nor Emirate-level)
• Sales tax stands at 5% (VAT on the purchase of goods and services)
• Taxation on corporations, business conducted in the UAE will be subject to UAE corporate tax at 9% where the turnover exceeds 1M UAE dirham (does not include real estate investment income)
• The UAE is recongnized as one of the safest countries in the world
• Dubai implements strict laws ensuring public order and safety. The city has stringent penalties for theft, public disturbances, and traffic violations.
• Advanced security cameras and police monitoring help make this big city more safe
• Numbeo, an international provider of data on economic and social subjects has rated Dubai as the fifth-safest city in the world, with an overall safety index of 83.7.

Tourism

• Ranked as the world’s No.1 city destination in the Top 100 City Destinations Index 2023 by Euromonitor International.
• A melting pot of cultures hosting people of over 200 different nationalities
• Nov 2024 : population of 3.8M in Dubai
• Majority of men and most between 25 and 54 years old
• Big, bigger, biggest
• World tallest building in the world – Burj Khalifa
• World’s deepest swimming pool (60.02meters at Deep Dive Dubai)
• World’s tallest landmark sign in Hatta (19.28meters tall)
• Plan to build the largest airport in the world
• Plan to build the a tower which will surpass Burj Khalifa “ Dubai Creek Tower “

Promising future

Government Development Plan 2040, objectives to position Dubai as “the best city for living in the world”

• Population increase from 3.8M to 7.8M people by 2040
• Doubling the size of green and recreational areas (http://dubai2040.ae/en/projects-and-initiatives/approving-the-master-plan-and-designs-for-jebel-ali-beach-development-project/)
• 60% of the land to comprise of nature reserves and natural areas
• 5 urban centers (http://dubai2040.ae/en/projects-and-initiatives/5-urban-centres/)
  • Downtown
  • Historical Essence
  • Tourism and entertainment
  • Exhibitions and events
  • Knowledge and innovation
• Improve flexible and sustainable means of mobility
  • New cycling tracks
  • Metro routes
• 25% increase in spaces designated for educational and health facilities
• 400% increase in length of public beaches
• 134% increase in space for hospitality and tourism activities