From its origins as a fishing and trading port in the Arabian Gulf, to the metropolis of today, few cities on earth have evolved as rapidly and purposefully as Dubai. Known globally for its luxury lifestyle, expat-friendly policies, high levels of safety, economic opportunities, and connectivity, Dubai bridges Europe, Asia, and Africa as a welcoming hub for professionals, investors, entrepreneurs, and families looking to relocate.
1. A Brief History of Dubai
The history of Dubai dates back to the 18th century, when it was known as a trading hub for fishing, the spice trade, and pearl diving. It wasn’t until the discovery of oil in the 1960’s that transformed Dubai into rapid development. Under leadership of Sheikh Rashid bin Saeed Al Maktoum and Sheikh Mohammed bin Rashid Al Maktoum, Dubai started diversifying its economy – moving away from oil and focusing on sectors including: tourism, trade, financial services, and aviation. This successful transition to a post-oil economy means that oil represents less than 1% of Dubai’s GDP today.
2. Dubai: Key Facts and Statistics
- Population: 3.6 million.
- Population Growth: 2.1% annually.
- Language: Officially Arabic, English used in business and daily life.
- Currency: UAE Dirham (AED).
- GDP: $120 billion USD.
- Economic Growth Rate: 3.6% yearly.
- Expatriates: 85% of population from 200 countries.
- Main Industries: Trade, tourism, aviation, real estate, technology, financial services.
- Safety: Consistently ranks top 10 safest cities in the world.
- Climate: Subtropical desert – summers 40 degrees, winters 20 degrees.
NOTE: These facts and statistics are accurate for 2025, making the city popular with remote workers and families moving to Dubai.
3. Sectors Driving Dubai's Economy
Trade and Logistics: A global logistics centre, Dubai is home to Jebel Ali Port – the largest man-made harbour in the world. The port is one of the busiest internationally and provides seamless access between the East and West.
Aviation: Dubai International Airport (DXB) is one of the world’s busiest with over 80 million annual passengers. Emirates Airline, the flagship carrier, connects Dubai to over 150 destinations. When completed, Al Maktoum International Airport (DWC) will become the world’s largest airport.
Tourism: 17.15 million international visitors travelled to Dubai in 2024. Incredible attractions such as the Burj Khalifa, Dubai Mall, Palm Jumeirah, and events including Expo 2020’s legacy developments keep Dubai at the top of global tourism.
Financial Services: Home to more than 2,500 companies, the Dubai International Financial Centre (DIFC) is a global financial hub – offering an English common law system, independent regulatory framework, and zero tax on corporate income for 50 years.
Technology and Start-ups: Initiatives including the Dubai Future Foundation and Area 2071 show that Dubai is heavily investing in its digital economy, aiming to become a global innovator in fintech, AI, and blockchain.
4. Taxation Rates in Dubai
One of the most competitive tax environments in the world, Dubai enforces minimal direct taxation and simplifies compliance processes, making it an attractive destination for high-net-worth individuals from high-taxation countries, as well as those planning to move to Dubai.
Key Tax Rates in Dubai
- Personal Income Tax: 0% tax on personal income. Salaries, dividends, capital gains, and rental income are tax-free.
- Corporate Tax: Introduced in June 2023, 9% corporate tax applies only to profits exceeding AED 375,000.
- Value Added Tax (VAT): First introduced in 2018, a low rate of 5% VAT applies to most goods and services.
- Capital Gains Tax: Capital gains from the sale of property, shares, and other individual assets is taxed at 0%.
- Inheritance / Wealth Taxes: Zero real estate duty, inheritance tax, or wealth tax is applicable in Dubai.
Dubai Tax Rates Compared
NOTE: These figures are updated as of 2025.
5. Business in Dubai – Free Zones and Advantages
Foreign investors can establish companies in as little as 5 – 7 working days, making Dubai one of the easiest places to do business. A successful combination of forward-thinking government policies, superior infrastructure, and a strategic global location, positions Dubai as the ideal hub for start-ups, multinational companies, as well as entrepreneurs considering a complete move to Dubai.
What Are Free Zones in Dubai?
Dubai has over 30 economic free zones catering to industries including finance, tech, logistics, and media. These zones allow: 100% foreign ownership, 0% corporate tax, full repatriation of profits, no import or export duties, streamlined business setup, and fast-tracked visa processes.
Main Free Zones in Dubai
1. Dubai Multi Commodities Centre (DMCC): Perfect for trade, commodities, crypto.
2. Dubai Internet City (DIC): Home to tech, software, and digital start-ups.
3. Dubai International Financial Centre (DIFC): Financial services. English common law jurisdiction.
4. Dubai Media City: Suitable for content creators, publishers, and PR firms.
5. Dubai South: For aviation, logistics, and events (home to Expo 2020 legacy sites).
6. Real Estate in Dubai
One of the most vibrant global markets of opportunity, real estate in Dubai plays a key role in its evolving economy. According to the Knight Frank Global Cities Index, average property prices in Dubai increased by 15.9% in 2023.
Rental yields in Dubai are some of the most competitive in the world, averaging between 5% to 8% depending on project and location. This outperforms major completing markets including Singapore, New York, and London.
Real estate owners in Dubai also benefit from no Capital Gains Tax and no Property Inheritance Tax. Low transaction fees, usually amounting to around 4% in total, make Dubai one of the most profitable places to buy.
Where do Foreigners Invest in Dubai?
- Downtown Dubai: Attracts high-net-worth buyers purchasing apartments close to the Burj Khalifa and Dubai Mall.
- Palm Jumeirah: A man-made island and landmark location for luxury penthouses and villas at the beachfront.
- Dubai Marina: A waterfront location popular amongst young professionals and investors seeking high rental income potential.
- Jumeirah Village Circle (JVC): Suitable for mid-market buyers and families with more affordable apartments and townhouses for sale.
- Business Bay: Next to Downtown, this area is a commercial hub with mixed-use properties suitable for investment.
- Emaar Beachfront and Dubai Creek Harbour: Offers waterfront projects and off-plain opportunities to invest in.
These designated areas permit buyers to purchase freehold properties. Transactions are overseen by the Dubai Land Department (DLD), ensuring complete transparency. Property purchases over AED 2 million or more are suitable for 10-year Golden Visa applications.
7. Residency and Visa Options in Dubai
1. Golden Visa (10-Year Residency)
Available to entrepreneurs, specialised professionals, top-performing students, and real estate investors purchasing property valued at a minimum of AED 2 million. This visa provides long-term residency without the need for a local sponsor and includes immediate family members moving to Dubai, access to local services, employment, and banking.
2. Property Investor Visa (5 Years)
If property investors do not qualify for the Golden Visa, they can apply for this visa. This visa includes immediate family sponsorship and can be renewed as long as the investment in Dubai remains.
3. Remote Work Visa (1-Year Renewable)
The Virtual Working Programme. This visa enables foreigners to stay in Dubai and work for a company based outside the UAE. Successful applicants must show a monthly income of at least $3,500 USD and proof of employment or business ownership.
4. Freelance Visa
Freelancers wanting to live in Dubai in industries including media, technology, and education can apply for this visa through free zones such as Dubai Media City and Dubai Internet City. This visa allows self-employment, residence, and access to services.
5. Retirement Visa
Moving to Dubai aged 55 and above? This 5-year renewable visa requires proof of financial independence; typically, AED 1 million in savings, AED 20,000 monthly income, or AED 2 million property investment in Dubai.
8. Lifestyle in Dubai
Shopping and Leisure: The Dubai Mall, the world’s largest, offers over 1,200 retail outlets, an indoor aquarium, Olympic-sized ice rink, and the Dubai Fountain. Mall of the Emirates offers luxury brands and entertainment options such as Ski Dubai, the Middle East’s first indoor ski resort. For traditional shopping, the Gold Souk, Spice Souk, and Textile Souk in Deira show Dubai’s trading heritage.
Dining and Entertainment: Home to more than 13,000 restaurants and cafes. From Michelin-starred restaurants like STAY by Yannick Alleno, to authentic Emirati eateries, experiences cater to every taste. The city’s entertainment scene includes performances at the Dubai Opera, exhibitions at the Museum of the Future, and art installations at Alserkal Avenue, Dubai’s leading arts district.
Outdoor Activities: The city boasts beautiful beaches such as JBR Beach and Kite Beach, where people enjoy sunbathing, water sports, and dining. Adventure seekers can go on desert safaris, skydive over the Palm Jumeirah, or take yacht cruises along the coast. Golf lovers can play at world-renowned courses including the Emirates Golf Club and Dubai Hills Golf Club.
Arts, Culture, and Events: The Dubai Shopping Festival turns the city into a retail and entertainment centre. Art Dubai functions as a major art fair for the Middle East, and the Dubai Food Festival celebrates artistic achievement. The city hosts various musical events, theatre shows, and sporting events throughout the year.
9. Must-See Attractions in Dubai
Blending futuristic architecture with cultural heritage, Dubai offers some of the world’s most iconic landmarks. Attracting millions of tourists each year, these landmarks reflect its status as a leading destination for tourism and innovation.
1. Burj Khalifa: Officially the tallest building on earth, the Burj Khalifa stands 828 metres tall and has an observation deck on floor 148. Visitors can enjoy fine dining with stunning views across Downtown Dubai.
2. Palm Jumeirah: A man-made island in the shape of a palm tree. This island is visible from space and offers 5-star resorts including Atlantis The Palm and Royal Atlantis. Beach clubs and fine dining area also available.
3. Atlantis The Palm: A world class destination on its own right with family-friendly attractions including Aquaventure Waterpark and The Lost Chambers Aquarium.
4. Dubai Mall and Dubai Fountain: With over 1,200 retail stores, Dubai Mall is the world’s largest shopping mall by area. The mall also offers an aquarium and ice rink. Next to the Mall is the Dubai Fountain with incredible choreographed water shows and lights.
5. Museum of the Future: Located on Sheikh Zayed Road and exploring emerging technology, space, AI, and climate, this highly interactive museum is a symbol of Dubai’s commitment as an innovator of the future.
6. Dubai Marina: Known for its yachts, high-rise Dubai apartments, and nightlife options, Dubai Marina is a waterfront neighbourhood home to the Marina Walk lined with cafes, restaurants, and things to do on a daily basis.
7. Al Fahidi Historic District (Old Dubai): Take a look into the fascinating past of Dubai at this preserved heritage area. The Gold Souk and Spice Souk are nearby for traditional cultural experiences.
8. Dubai Frame: Offering tremendous views of Old and New Dubai from a 150-metre-high observation deck, the Dubai Frame represents the astonishing transformation of the city and is located in Zabeel Park.
10. Working and Jobs in Dubai
One of the top destinations globally for professionals, skilled workers, and those moving to a new country for job opportunities, Dubai stands out for its multicultural workforce, zero personal income tax, and world class infrastructure.
High-Demand Sectors:
- Technology: Software development, cybersecurity, AI, blockchain, data science.
- Finance: Banking, investment management, fintech.
- Real Estate & Construction: Project management, architecture, engineering.
- Healthcare: Doctors, nurses, technicians, private hospital work.
- Education: International teachers for British, IB, American schools.
- Hospitality & Tourism: Hotel management, chefs, events.
- Marketing & Media: Digital marketing, content, PR, film, production.
How to find a job in Dubai: Candidates living in Dubai should check job listings on Bayt, GulfTalent and LinkedIn. Major international recruitment agencies include Michael Page, Hays, and Robert Half. Employers generally require excellent English language skills and pay depends on professional experience and sector.
Things to know about working in Dubai: The standard work week extends from Sunday to Thursday. Employees are protected by the UAE Labour Law, which guarantees work contracts, annual leave, and health insurance to all workers. Certain jobs provide additional benefits for housing, transportation, and educational support. Working hours decrease during Ramadan.
11. Cost of Living in Dubai
- Rent for 1-bed City Apartment: $1,600 USD to $2,400 USD monthly.
- Utilities (electricity, cooling, water): $300 USD to $400 USD monthly.
- Internet: $80 USD monthly.
- Public Transport: $110 USD monthly.
- Gym membership: $110 USD to $160 USD monthly.
- Private School Fees: $11,000 USD to $24,000 USD annually.
NOTE: These fees are accurate for 2025. Zero personal income tax creates a significant increase in disposable income compared to most Western cities.
12. Education in Dubai
Dubai’s educational sector offers a range of schools for its diverse international community of expats and families living in the city. The Knowledge and Human Development Authority (KHDA) regulates more than 200 private schools that provide: British, American, International Baccalaureate (IB), Indian, French, and additional curriculum options.
Top Private Schools in Dubai include:
- Dubai College – British school with outstanding academic results.
- Jumeirah English Speaking School (JESS) – British curriculum and IB Diploma.
- GEMS Education Group – The largest private education provider in the UAE.
- Repton School Dubai – UK-affiliated school with boarding and day options.
- Dubai International Academy (DIA) – IB World School offering full IB.
Annual school tuition fees vary between $11,000 USD and $24,000 USD, based on curriculum, facilities, and school reputation. State-of-the-art facilities include: swimming pools, laboratories, theatres, sports and extracurricular activities are typically available.
13. Healthcare in Dubai
Ranking amongst the best in the Middle East, the healthcare system provides cutting-edge technology, innovation, and medical practices for residents living in Dubai. The Dubai Health Authority (DHA) governs both public and private hospitals throughout the city.
Key Hospitals and Clinics include:
- American Hospital Dubai – US-standard private hospital offering top services.
- Mediclinic City Hospital – Part of Mediclinic International for specialist healthcare.
- King's College Hospital London – Dubai – British-quality healthcare facility.
- Saudi German Hospital – One of the largest private hospitals in entire region.
Healthcare in Dubai is insurance-based, and employers usually provide insurance plans. Private insurance policies must be purchased by residents who do not have health insurance coverage through their employer. Dubai is also a leading medical tourism destination for orthopaedics, cosmetic, dental care, and fertility treatments.
14. Transport and Connectivity
Air Connectivity: Dubai International Airport (DXB) connects to 240 destinations worldwide. Al Maktoum International Airport (DWC) in Dubai South is currently undergoing a huge expansion. Once complete it is set to become the largest airport in the world, with a capacity of 160 million passengers per year.
Public Transport: The Dubai Metro is the world’s longest driverless metro network and provides connectivity between areas including Downtown Dubai, Dubai Marina, and Dubai International Airport. The Metro operates in line with bus routes and the Dubai Tram, which serves Dubai Marina and Jumeirah Beach Residence (JBR). A water transport system includes water taxis and abras (traditional boats).
Uber and Taxis: The ride-sharing services Careem and Uber provide useful substitute transportation options to standard taxis. Through its commitment to sustainability, the Roads and Transport Authority (RTA) operates an eco-friendly vehicle fleet and continues investing in electric and autonomous transport.
Roads and Highways: The modern road infrastructure of Dubai consists of wide highways operating through an advanced traffic management system. The main road of Dubai, Sheikh Zayed Road, enables fast transportation throughout the emirate. The electric vehicle (EV) charging network expansion by Dubai focuses on sustainability to improve green transportation access.
Future Projects:
- Hyperloop: The world's first Hyperloop connection will link Dubai to Abu Dhabi, reducing travel time between the two cities to 12 minutes.
- Flying Taxis: Dubai has tested autonomous aerial taxis (AATs) for flying taxis, while commercial services plan to launch in 2026.
15. Dubai’s Vision for 2030
‘Dubai Economic Agenda D33’ outlines a comprehensive long-term growth strategy for the emirate until 2030 and beyond. The plan aims to:
- Double Dubai’s economy by 2033.
- Place Dubai among the world’s top three economic cities.
- Promote innovation across AI, blockchain, and fintech.
- Become a world leader in green energy and sustainability.
Focusing on innovation, sustainability, digital transformation, and inclusive development to ensure continued growth, some of the major initiatives include:
- Dubai Urban Tech District: A smart city innovation hub that will house 4,000 green tech professionals and researchers.
- Green Dubai: Clean energy, green building codes, and electric mobility as part of the Dubai Clean Energy Strategy 2050, targeting 75% renewable energy.
- Mohammed bin Rashid Al Maktoum Solar Park: One of the largest solar parks in the world with a capacity of 5,000 megawatts by 2030.
- Tourism 2040 Strategy: 40 million tourists annually, making Dubai the world’s most visited city. Efforts include theme parks, eco-tourism, and wellness developments.
Why Invest in Dubai? Our Services
Dubai is more than a destination; it is a platform for opportunity, innovation, and long-term living. Whether you’re looking to invest, relocate, or retire, Dubai offers a future-proof lifestyle in one of the most exciting cities on earth.
- Political and Economic Stability: Safe, business-friendly environment.
- World-Class Infrastructure: Roads, airports, healthcare, and education.
- Tax Advantages: No personal income tax.
- High Investment Returns: Real estate, tourism, and technology sectors.
- Exceptional Quality of Life: Beaches and malls to family-friendly communities.
- Diverse, Tolerant Society: Welcoming all religions and nationalities.
- Golden Visa Opportunities: Long-term residency via investment.
At Property Turkey DUBAI, we are The Home of True Advice. We connect clients with exceptional opportunities across Dubai’s real estate and investment sectors. Contact us to explore personalised listings, residency guidance, and to begin your journey to Dubai today.
Frequently Asked Questions about Moving to Dubai
1. Can foreigners buy property in Dubai? Yes. Foreigners are able to buy freehold properties in designated areas of Dubai, including: Downtown Dubai, Palm Jumeirah, and Dubai Marina.
2. What is the Dubai Golden Visa? Dubai’s Golden Visa is a 10-year residency visa for investors, professionals, and entrepreneurs. To qualify via real estate, an AED 2 million investment is required.
3. Is Dubai really tax-free? For individuals, yes. No tax is paid on income, dividends, or capital gains. Businesses may be subject to 9% corporate tax. This is applied only on profits above AED 375,000.
4. How much does it cost to live in Dubai? A one bedroom apartment ranges $1,600 USD to $2,400 USD monthly. Utilities and Internet normally cost around $400 USD – 500 USD per month.
5. Is healthcare in Dubai good? Public and private healthcare for residents living in Dubai is known to be world-class. Residents are required to have health insurance.
6. Can I move to Dubai and work remotely? Yes. Dubai offers a Remote Work Visa that allows foreign nationals to relocate to Dubai and work for external companies outside of the UAE.
7. Can I send my children to school in Dubai as a foreigner? Yes. Dubai is home to more than 200 private schools with British, American, and IB curriculums.
8. Is it expensive to raise a family in Dubai? Moving to Dubai with a family can be costly compared to other countries due to school feels and healthcare. Higher, tax-free salaries can offset that.
9. What is the safest area to live in Dubai for families? Families enjoy areas including Arabian Ranches, Jumeirah, Dubai Hills, and The Springs. Known for safety, greenery, and schools.
10. How do I start the process of moving to Dubai? Identify the right visa route for your needs and prepare your documents. Use our in-house team to handle everything for you from start to finish.
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