Visit this page regularly to discover where is dubai and read the latest happenings in United Arab Emirates.

From yester-years when people wondered where is dubai, United Arab Emirates has come a long way in creating an enviable niche for itself in the tourism and business world, alike.

Following are some of the country’s popular free zones (in alphabetical order):

Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate. 
For more information, visit http://www.ajmanfreezone.gov.ae/

Dubai Airport Free Zone is now considered as one of the fastest growing Free Zones in the region.
For more information, visit http://www.dafza.gov.ae/en/

Dubai Internet City provides an environment that attracts all elements of the ICT value chain, and in addition, has developed several programmes that can be leveraged by the community to explore and expand channel development opportunities.
For more information, visit http://www.dubaiinternetcity.com/

Dubai Media City is a hot favorite for the world’s best media companies.
For more information, visit http://www.dubaimediacity.com/

Hamriyah Free Zone manages an area of approximately twelve million square meters of prime industrial and commercial land and a 14 meter deep water port which includes room for expansion.
For more information, visit http://www.hamriyahfz.com/en/default.asp

Jebel Ali Free Zone is a 135 sq. km commercial and industrial hub, which is home to more than 5,500 companies from over 120 countries.
For more information, visit http://www.jafza.co.ae/jafza/index.aspx

Ras Al Khaimah Free Trade Zone aims to be one of the largest, most effective and most environmental friendly free zone in the Gulf Region.
For more information, visit http://www.rakftz.com/

SAIF-Zone is one of the fastest growing airport free zone in the region, while the international airport has gained an enviable reputation as a leading cargo hub.
For more information, visit http://www.saif-zone.com/default.asp

The above listing is neither comprehensive nor complete. It only serves the purpose of creating an interest and providing an indication on the scope for setting up a free zone business in Dubai, United Arab Emirates, to the visitors of this website / blog.

For more comprehensive information about the free zones in the UAE, visit http://www.uaefreezones.com/
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For interesting and detailed information on where is dubai and the opportunities that await you there, visit http://www.allthingsdubai.com 
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Note: This blog is still under set-up stages. To access our earlier articles, please visit http://allthingsdubai.blogspot.com/

It’s time for greater caution… but not for panic…

Early investors in the Dubai property market made a very good investment, and many who wondered on ‘ifs and buts’ missed the opportunity of a lifetime. But this may not mean that later investors will enjoy the same success, or that early winners who are now loading up on property again will be a winner for a second time.

Property market, too, moves in cycles and anyone who ignores this fact of life could find themselves caught in a difficult spot.

Recall its bullish situation which lasted until a couple of months ago and those who bought property have generally had a good experience. But nothing lasts forever, and more and more players have entered the Dubai property market creating what can only be described as an investment bubble. In such circumstances there are two choices for individual investors, say experts: sell out before others decide to do so - or - take a long term view of the cost of renting as an alternative to owning and stick it out.

What one should avoid doing at or near the top of a real estate cycle is borrowing a lot of money and buying more property, especially if you are doing so by putting down a small deposit thinking that you will always be able to sell out at a profit. This is termed as Error of Optimism.

The investors who are going to get really caught out by a reversal of this market are those buying off-plan units on a five per cent or even zero deposit basis from a developer without a good track record. For in a downturn they will find themselves liable for 100 per cent of a property and at best owning units bought at the highest prices with few potential buyers; and at worse without property at all because the developer has announced an indefinite construction delay.

So it pays for any real estate buyer to be very cautious about how far they stretch their finances, as well as being exceedingly careful with whom they are doing business.

Bubble, where does the question arise? At the recent ‘Leaders in Dubai’, it is said that the world-respected forecaster Harry S. Dent thought the Dubai property bubble was obvious from even a casual inspection of the skyline.

But such is the enthusiasm of the moment that few people care to acknowledge this simple reflection. They find comfort in the rush of money into this sector, and think that so many investors cannot be wrong.

Well, perhaps you are right. The only message is “do you homework and research properly before jumping ahead to buy your dream property”.
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For comprehensive and insider information on where is Dubai, Recruitment Dubai, Desert Dune Dinner Dubai UAE, United Arab Emirates Culture People and Society, Career Opportunities UAE and Dubai City UAE Resorts visit http://www.allthingsdubai.com

A report released by Dubai Chamber of Commerce and Industry (DCCI) shows that the UAE economy is doing better than other GCC countries, with an average non-oil gross domestic product (GDP) real growth of 9.9 per cent.

For 2006, the report estimated that the UAE non-oil real GDP will grow by 10.5 per cent, the highest among GCC states.

Today, I move from my blogger blog to this blog!

I hope to offer more quality and timely articles on this blog, but more than that, I hope to get all my earlier readers pointed to this blog.

The parent site, http://www.allthingsdubai.com , has exceeded expectations and I am indeed thankful to my valuable customers and subscribers.

This is my first post in this blog - the first of the many… Do bookmark us and visit us often.

And don’t forget to keep posting your views, comments and suggestions.  We NEED that!

More soon,
Joseph Ponnou