Important Facts on Dubai

This post is specially made for the people of Dubai and interested people of the world who wants to know more about important facts about
Dubai. So, stay in touch for more general knowledge.

• Dubai is the second largest member of the United Arab Emirates (UAE).

• It is the most important port and the commercial capital of UAE.

• Dubai is the fastest growing city in the world.

• Dubai has one of the highest per capita incomes

• In Dubai, there are no taxes on income and there are no personal taxes either.

• In Dubai Emirates Mall, you can ski indoors while shopping, measuring 400 meters and using 6000 tons of snow.

• Burj Dubai become the world's tallest building, along with the world's tallest man-made structure, when it is completed.

• Eighty percent of the residents of Dubai are foreigners.

• Dubai is the Middle East supply hub for the jewelry market.

• Dubai is the world's second largest distributor of bullion. It imports 360 tonnes and re-exports almost all of it (350 tonnes).

• Dubai made the world's longest gold chain during DSF-1999. The chain was made in 22k gold and measured 4.2 kilometers. 9,600 people bought the chain, in necklace wear and bracelet size pieces.

• In Dubai, jewelry is sold on gold price plus making charges, unlike in the West, where it is per piece. 95 percent of all jewellery sold here is above 21 karat; the rest is 18 karat.

• On an average, one in every five person buys five pieces of gold jewellery every year in Dubai.

• Dubai has unveiled plans of the first man-made island in UAE, the Palm Island.

• No matter in which part of Dubai you are in, you will hear calls to prayer at least five times a day. Even in shopping malls, the calls to prayer are put out over the speakers, to remind Muslims that it is time to pray.

• Dubai shares legal, political, military and economic functions with the other emirates, within a federal framework.

• Dubai has the largest population of all the United Arab Emirates (UAE).

• Apart from Abu Dhabi, Dubai is the only emirate to have veto power over critical matters of national importance in the country's legislature.

• Since 1833, Dubai has been ruled by the Al Maktoum dynasty.

• Trade, real estate and financial services provide Dubai with majority of its revenues.

• Revenues from petroleum and natural gas contribute less than 6 percent to the economy of Dubai.