Dubai Case Study

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DUBAI

A CASE STUDY
Persian Gulf
British troupes landing in Ras Al
Khaimah
1809
1819
No interest shown by British Empire
in developing Dubai.
1900

Complete Tax Exemption for Traders


Japanese cultured Pearls took over
the markets in late 1920’s
Oil discovered in 1958
The Trucial States
Prior to 1971

The first hoisting of the United


Arab Emirates flag by the rulers of
the emirates at The Union House,
Dubai on 2 December 1971
Dubai Creek
1830: The small fishing settlement of Dubai is taken over by a segment of the Bani Yas 2006: Sheik Mohammed becomes the Prime Minister and Vice President of the UAE, as well as
tribe from the Liwa Oasis, led by the Maktoum family who still, interestingly, rule the the ruler of Dubai. He updates the Liberal policies of his Maktoum forefathers and develops
emirate today. Dubai further, raising the city’s business profile.

1892: Foreign traders are drawn into Dubai due to the declaration that they will be 2007: Sheikh Mohammed announces the Dubai Strategic Plan 2015 as well as the inauguration
exempt from tax, the population doubles and the pearling industry is now booming. of Dubai Studio City takes place. Dubai World Cup prize money was raised to $10 million and
Dubai International City is built.
1930-1940: The recession hits Dubai’s pearl industry which falls into decline leading to
social pressures and feuds between the royals. 2008: New Maktoum Bridge opened along with Dubai Sports City and Dubai International
Terminal 3. The Atlantis, The Palm hotel & resort is launched.
1958: Sheikh Rashid officially becomes the ruler of Dubai after his father’s death.
2009: Dubai Mall, the world's largest shopping mall is inaugurated along and Red Line (Dubai
1959: The Emir of Kuwait lends Sheik Rashid millions of dollars to renovate the Creek so it Metro) begins operations. Also Dubai International Cricket Stadium opens.
can accommodate large ships in order to develop Dubai’s reputation as being a major 2010: Burj Khalifa, the world's tallest skyscraper opens and Al Maktoum International Airport
trading hub. starts operating.

1966: Dubai discovers its own oil, attracting traders to settle in Dubai which in turn 2011: Dubai Metro begins operating Green Line as well as Palm Deira station.
enhances economic growth.
2012: Princess Tower and JW Marriott Marquis Dubai are built as Dubai bids for World Expo
1968: Dubai begins exporting crude oil and petro-dollars rush in. 2020.

1973: The Dirham becomes the official unit of currency in Dubai. 2013: Dubai wins bid for World Expo 2020 and Sheikh Mohammed announces the Dubai Water
Canal.
1980: Dubai’s annual oil income decreases to US$3.
2014: Mall of the World, the world's largest mall and indoor theme park announced and Opera
1985: The Emirates airline is established and Dubai plans its reinvention as a tourist Grand, the first high-rise in the Dubai Opera House District opens.
destination.
2015: UAE develops Mars probe named Hope.
1990: Sheik Maktoum takes over as the ruler of Dubai, due to his father, Sheik Rashid,
passing away during the first Gulf War. 2016: Sheikh Mohammed inaugurates the Dubai Water Canal.

1996: The Dubai shopping festival and the Dubai World Cup are launched and happen to 2017: Dubai Safari Park is opened to public.
become very popular annual events.
2018: Dubai Frame, World's largest frame opens in 2018.
1999: One of the tallest hotels in the world, the Burj Al Arab opens, enhancing Dubai’s
reputation further as a tourist destination. 2019: Construction of Burj Jumeirah commences.

2003: Dubai is recognised by The International Monetary Fund and the World Bank, as a
financial hub. Also, at this time the property market in Dubai suddenly grows due to the
introduction of freehold properties.
DEMOGRAPHICS



Population pyramid by Age and Gender



Population
Marriage & Divorce
Labour
School education
Higher education

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