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Dubai Construction Jobs
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The 10 biggest development projects underway to
transform Abu Dhabi are worth more than $200 billion, new research
revealed on Monday.
Details of the top 10 projects
from new cities and island resorts to new communities and a light rail
system were revealed by the organisers of Cityscape Abu Dhabi, which
takes place from April 19-22 at the Abu Dhabi National Exhibition
Centre.
Organisers said the sheer size of the developments showed the city's continued ambition amid the global slowdown.
“Abu
Dhabi is not immune from the global financial turmoil but has wisely
avoided over exposure to the stressed international and regional credit
markets,” said Mark Goodchild, exhibition director for organisers IIR
Middle East.
“The big difference for Abu Dhabi compared with
other cities is that while the emirate will collect less in revenues
from oil than the records set in 2008, the capital has been financially
prudent and has a sovereign wealth fund estimated at $328 billion at
the end of 2008.”
More than $208 billion has been earmarked in
the long-term masterplan budgets across the leading civil projects in
the UAE capital, many of which will be showcased at Cityscape Abu Dhabi.
“While
there has been some doubt expressed about the timescale and magnitude
of several projects across the UAE, the sheer scale of those continuing
to take place in Abu Dhabi is truly remarkable by any international
standard,” Goodchild added.
The top ten projects identified by research company Proleads are:
1.
The biggest single project is the new capital city for Abu Dhabi –
Khalifa City. It has a masterplan budget of $40 billion and is planned
to comprise all federal ministries, local government offices and
embassies. The city is expected to be completed by 2030.
2.
Work has started on the Yas Island Development, a massive $39 billion
masterplan budgeted mixed use tourist development including
residential, hotels, beaches, marinas, retail, golf and equestrian
facilities. The island will have a total developed area about one-third
the size of Abu Dhabi island. Total packages budgeted so far amount to
$3.5 billion
3. Burooj Properties is behind a masterplan $24
billion mixed use real estate community project in Abu Dhabi to include
11 residential towers, offices, four hotels and a shopping mall.
4.
Saadiyat Island is another massive offshore development underway with a
masterplan budget of more than $28 billion. It includes 29 hotels,
three marinas, 8,000 residential villas and more than 38,000
apartments. The project also includes museums, concert halls, maritime
history centre, three harbours, a park, golf course and sailing club.
5.
A $22 billion budget has been allocated for the ambitious Masdar City
project, billed as the first zero-carbon, zero-waste city. It will
depend on solar energy. Masdar City will also be car-free. Total
packages budgeted so far amount to $2.4 billion.
6. Underway is
the $18.5 billion Al-Raha Beach Complex, another mixed-use hospitality
development involving reclaimed land and will include 50 high-rise and
a number of low-rise buildings for approximately 120,000 people.
7.
Abu Dhabi's International Capital Trading is planning a $10 billion
mixed use city, tentatively called Ghantoot Green City. The project
will comprise commercial centres, hotels, offices, residential areas,
warehousing and light industrial areas. Total packages budgeted so far
amount to $800 million.
8. Al-Reem Island development is a $7.8
billion mixed-use community next to the bridge connecting Al-Reem
Island to Abu Dhabi city. Several 40 and 50 storey towers will form the
central business district. The development will include two 80-storey
buildings and house approximately 80,000 people.
9. With a
masterplan budget of $6.5 billion, Sheikh Mohammed Bin Zayed City is
another new city comprising 374 residential and commercial buildings as
well as the associated infrastructure and entertainment facilities.
Total packages so far amount to $924 million.
10. At joint
number 10n with masterplan budgets of $3 billion each are the Abu Dhabi
Light Rail project and the MGM Grand Hotel. The rail project will
involve some 350 kilometres of rail. The MGM Grand project will have
two further branded luxury hotels and more than 1,200 rooms. It will
also feature a 12,000 seat arena, retail, restaurants, waterfront
residences and private yacht berths.
Source www.arabianbusiness.com (09/03/09)
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The overall cost of living in Dubai is similar to that in most European
countries, if you’re living in the style of the average western
expatriate.
Taken from JustLanded.com
But the general lack of taxation has a significant impact on the
cost of certain items, e.g. cars. On the other hand, the cost of
accommodation is sometimes high, as is that of certain food items,
particularly imported foods. If you buy internationally recognised
branded foods and household goods, you might pay higher prices than in
your home country, but there are usually plenty of cheaper locally and
regionally produced alternatives that are of excellent quality.
Clothing can also be expensive if you favour designer labels – this
isn’t peculiar to Dubai – although there’s little need for winter
clothing.
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This is an overview of the Dubai property market taken from Platinum Homes Dubai . You can view further details on Dubai property on the Platinum Homes Website.
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Roads
Dubai has a very large bus
system run by the Roads and Transport Authority (RTA). The bus system
has 193 routes on weekdays and transports over 30 million people
weekly. The Public Transport bus system is large and advanced but not
large enough to accommodate the volume of people who use it. This means
that in busy areas it is common that at the end of the day commuters
may have to wait more than an hour before they can board a bus.
Unfortunately the amount of buses does not increase with the same rate
as the amount of passengers, which makes this problem worse as time
progresses. The (RTA) has announced that Dubai roads will see 620 new
buses costing more than one billion dirhams by next year; the new fleet
includes 170 double decker buses.
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The History of Dubai can be traced back to the earliest recorded mention of Dubai in 1095 CE, in the Arabic book Mojam Ma Ostojam men Asmae Al belaad wal Mawadhea
(معجم ما استعجم من أسماء البلاد والمواضع مازن محمد اغا) by Abdullah Bin
Abdu Aziz Al Bakri Al Andalasi. He refers to 'Dubai' as a vast place.
Later, in 1587 CE, the Venetian pearl merchant Gaspero Balbi mentions the name of Dubai as one of the places where Venetians worked, miles agha diving for pearls.
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According to the census conducted by Statical Center of Dubai, the
population of the emirate was 1,422,000 as of 2006, which included
1,073,000 males and 349,000 females. As of 1998, 17% of the population
of the emirate was made up of UAE nationals. Approximately 85% of the
expatriate population (and 71% of the emirate's total population) was
Asian (chiefly Indian, Pakistani, Sri Lankan
and Filipino). About 3% of the total population of Dubai was
categorized as "Western". In addition, 16% of the population (or
288,000 persons) lived in collective labour accomodation were not
identified by ethnicity or nationality, but were thought to be
primarily Asian. The median age in the emirate was about 27 years. The
crude birth rate, as of 2005, was 13.6%, while the crude death rate was
about 1%.
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