Cities skyline steam workshop6/17/2023 8.7 Address Beach Resort and Address Beach Residences.įrom 1929 it was the primary state, and from 1953 the capital of the Trucial States. The city has a population of around 2.9 million (as of 2017). Oil production contributed less than 1 percent of the emirate's GDP in 2018. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. It is also a major global transport hub for passengers and cargo. Located in the eastern part of the Arabian Peninsula on the coast of the Persian Gulf, Dubai aims to be the business hub of Western Asia. It has the second most five-star hotels in the world and the tallest building in the world, the Burj Khalifa. Dubai is one of the world's most popular tourist destinations. Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century into a cosmopolitan metropolis with a focus on tourism and hospitality. Dubai ( / d uː ˈ b aɪ/ doo- BY Arabic: دبي, romanized: Dubayy, IPA:, Gulf Arabic pronunciation: ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai.
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