WHAT'S SO DISTINCTIVE ABOUT DUBAI?

JLL consulting put Dubai in the top three most globalised cities in the world last week. JLL's 'Modern World of Cities: Global City Index' study is of particular interest to large global commercial real estate investors. The degree of globalization of the city today is the benchmark that determines its future growth. And this benchmark is set to be very high for Dubai. Dubai has occupied such a unique niche in the worldwide Real Estate Companies in Dubai , the JLL report said, that it has managed to combine both characteristics of the existing and evolving urban formation. According to JLL, investments in urban infrastructure should account for no less than 4-6% of the city's GDP, and the UAE government is currently investing approximately USD 60 billion in the construction of roads and bridges alone, including both current and planned projects, most of which are carried out in Dubai, such as the ambitious Dubai Channel. At least USD 8 billion is about to be rai...