The city of Dubai, overlooking the Persian Gulf, brings to mind camel caravans, sheikhs and an abundance of sand, as well as money.
But unless one is connected with the petroleum industry, is it a potential place to call home? Many have. Expats account for more than 85% of the population, a number that continues to grow.
Since the discovery of oil in the United Arab Emirates (UAE) nearly 60 years ago, Dubai has undergone a profound transformation into a modern metropolis with a soaring per capita income and high standard of living. The city has grown into a place where diverse populations mingle in markets, galleries, international restaurants and massive shopping centers, as high fashion, priceless jewelry and traditional handicrafts are sold side-by-side. The city is clean and safe, and abundant air-conditioning everywhere helps offset the temperature.
Real estate is an opportunity here, both for investment and leisure. A perfect example of what awaits a buyer seeking a luxe lifestyle is this two-story, 22,000-square-foot contemporary villa. Walls of glass, floors of marble, wood and stone, six bedrooms, seven bathrooms, a balcony, a gym, a study, a steam bath, an entertainment center and a maid’s room are among the features. An open kitchen is equipped with top-of-the-line appliances. The dining room can easily seat a dozen.
The villa, surrounding a private garden and pool, sits on 15,000 square feet of property in the Jumeirah neighborhood–a sought-after residential area along the coast of Dubai. Jumeirah is home to many expats who enjoy easy access to opulent shopping centers, including Dubai Mall (at more than 5 million square feet, among the largest in the world), Burj Al Arab Hotel (among the most famous hotel structures in the world) and Burj Khalifa (the world’s tallest building).
Generous tax laws, the welcoming tradition of hospitality that is common in this part of the world, abundant leisure facilities, good schools, modern health care facilities and a climate that is temperate for most of the year are all draws to buying in Dubai.
A move to Dubai could just be what a future-looking professional needs. And this villa home provides the amenities of a bustling city with the quiet of a desert night. Plus, the air-conditioning is excellent.