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United Arab Emirates Real Estate

We offer United Arab Emirates real estate investment information for Abu Dhabi, Dubai, Mina Zayid, Sharjah, Ajman, Umm al Qaywayn, Ra's al Khaymah and Khawr Fakkan. Scroll down for more information about the United Arab Emirates.

Real Estate For Sale In The United Arab Emirates

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About The United Arab Emirates

United Arab Emirates Population: 2,523,915 (July 2004 est.)
Languages: Arabic (official), Persian, English, Hindi, Urdu
Government Type: Federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates.
Capital: Abu Dhabi
Independence Day: 2 December 1971 (from UK)
Legal System: Federal court system introduced in 1971; all emirates except Dubayy (Dubai) and Ra's al Khaymah are not fully integrated into the federal system; all emirates have secular and Islamic law for civil, criminal, and high courts.
Currency: Emirati dirham (AED)

Executive Branch:

Chief of State: President Sheikh KHALIFA ibn Zayid Al Nuhayyan (since 3 November 2004), ruler of Abu Zaby (Abu Dhabi) (since 4 November 2004) and Vice President MAKTUM bin Rashid al-Maktum (since 8 October 1990), ruler of Dubayy (Dubai).

Head of Government: Prime Minister MAKTUM bin Rashid al-Maktum (since 8 October 1990), ruler of Dubayy (Dubai); Deputy Prime Minister HAMDAN bin Zayid Al Nuhayyan (since 20 October 2003).

American Embassy: Embassies District, Plot 38 Sector W59-02, Street No. 4, Abu Dhabi
Mailing Address: P. O. Box 4009, Abu Dhabi
Telephone: [971] (2) 414-2200 FAX: [971] (2) 414-2469

General Overview: The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th century treaties. In 1971, six of these states - Abu Zaby, 'Ajman, Al Fujayrah, Ash Shariqah, Dubayy, and Umm al Qaywayn - merged to form the United Arab Emirates (UAE). They were joined in 1972 by Ra's al Khaymah. The UAE's per capita GDP is not far below those of leading West European nations. Its generosity with oil revenues and its moderate foreign policy stance have allowed the UAE to play a vital role in the affairs of the region.

Economic Overview: The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Its wealth is based on oil and gas output (about 33% of GDP), and the fortunes of the economy fluctuate with the prices of those commodities. Since 1973, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. At present levels of production, oil and gas reserves should last for more than 100 years. The government has increased spending on job creation and infrastructure expansion and is opening up its utilities to greater private sector involvement.

International Disputes: Because the treaties have not been made public, the exact alignment of the boundary with Saudi Arabia is still unknown and labeled approximate; boundary agreement signed and ratified with Oman in 2003 for entire border, including Oman's Musandam Peninsula and Al Madhah enclaves; UAE engage in direct talks and solicit Arab League support to resolve disputes over Iran's occupation of Lesser and Greater Tunb Islands and Abu Musa Island.

United Arab Emirate Map

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