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ubai has the fastest growing economy in the Eastern world. Despite the fact that Dubai is not an oil rich state, the rulers made a bold decision to transform Dubai into a vast market place catering making it a go between East and West& catering to South Asia and Central Asian &North Africa creating countless business opportunities in Dubai
Resultantly business setup in Dubai brought development in neighbouring UAE states for the expats working in business setup Dubai needed habitat after work which became costlier in Dubai. Every international company from East toWest and North to South wants to have their business setup in Dubai. That brought expats to work for them mostly coming from the Sub-Continent, Central Asia and Europe.
Naturally Dubai’s phenomenal growth made impact on neighbouring UAE states to grow together. Dubai, being smallest in area became a high cost living place so the workers coming to Dubai began to seek residence in nearby states, particularly in Sharjah and Ajman which are nearest to Dubai.
It brought another opportunity to start a business in Dubai in the fields of construction, restaurants & eateries, shopping malls, fashion designing and everything associated games with people habitat. The UAE government created more and more relaxed rules for expats to own property in tax free environment and grow business.
Soon the business district found its way in Sharjah, Al Ain, Jabal Ali and other larger cities of UAE. Jabel Ali became a huge free sea port in UAE.
Naturally the strict laws of UAE for observing construction, traffic and immigration were observed keeping a strict check on everything from visa issues to living conditions to food preparation to neighbourhood privacy to keep the city clean and hygienic were implemented and observed by the local government to keep the cities clean and safe heaven.
The city of Dubai has become a no-live-area for expats because of unbearable high cost of living in the mega city. Only the top earners can afford living there. The expats have to find solace in finding a suitable apartment out in Sharjah, Fujairah, Ajman or any other nearby place connected by highways. However, people do have a pipeline through estate agents and word of mouth so as to find a suitable habitat an hour and half away from Dubai.
TTE Gulf Management Consultancy offers great help to facilitate investors as they can setup their business in the Middle East.
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