Today, Dubai has emerged as a cosmopolitan metropolis that has grown steadily to become a global city and a business and cultural hub of the Middle East and the Persian Gulf region. It is also a major transport hub for passengers and cargo. Although Dubai's economy was historically built on the oil industry, the emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become symbolic for its skyscrapers and high-rise buildings, such as the world's tallest Burj Khalifa, in addition to ambitious development projects including man-made islands, hotels, and some of the largest shopping malls in the region and the world. This increased attention has also highlighted labor and human rights issues concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–2009 as a result of the worldwide economic downturn following the financial crisis of 2007-2008.However, a 2013 report by the Oxford Business Group said that Dubai was making a gradual recovery with help coming from neighboring emirates..
Dubai's gross domestic product as of 2011 was US $83.4 billion. Although Dubai's economy was built on the back of the oil industry, revenues from oil and natural gas currently account for less than 7% of the emirate's revenues. It is estimated that Dubai produces 50,000 to 70,000 barrels (11,000 m3) of oil a day and substantial quantities of gas from offshore fields. The emirate's share in UAE's gas revenues is about 2%.
GolfDubai is the ideal destination for all golf enthusiasts.
The AirportDubai's international airport is a major airline hub in the world.
TAXDubai Is A Free TAX City but VAT/GST might be introduced in the coming years.
Burj Al ArabUndoubtebly The World's Most Luxurious & Most Beautiful Hotel.