Living in Dubai

From the world’s tallest tower, and the world’s largest airport, to the world’s biggest shopping mall and the world’s longest driverless metro, Dubai continues to serve as a source of global fascination.

Dubai was formally established in the early 19th century. Due to its perfect geographic and time zone location as a natural half way point between the east and the west, it became an important trading hub. 1966 was the year oil was discovered, and the oil economy led to a massive influx of foreign workers. Along with no personal income tax or corporation tax on business profits, the city was quickly expanding by 300% and bringing in investors from all over the world. The modern emirate of Dubai was created after the UK left the area in 1971. At this time Dubai, together with Abu Dhabi and four other emirates, formed the United Arab Emirates. Following years, a free trade zone was built around the Jebel Ali port in allowing foreign companies unrestricted import of labour and export capital.

Today, Dubai has earned its reputation as the most exciting international global hub because of its open culture, top-notch infrastructure, and hassle-free business climate. The predominantly expatriate population has just crossed the 1.8 million mark thanks to an influx of more than 10,000 new residents every month. These visitors and new residents create an enormous demand for property in this exclusive city, either to buy for investment, or to rent to live in and underpin this lucrative real estate market.

The First Group is proud to be part of such a diverse and pioneering destination, and looks forward to sharing the unique delights of Dubai with you.