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The government's conclusion to diversify from a trade-centered, oil-reliant financial system to one which is services- and tourism-oriented made home far more precious, leading to residence appreciation from 2004 to 2006. An extended-phrase assessment of Dubai's home sector, nevertheless, showed depreciation; some Homes misplaced up to 64% of their benefit from 2001 to November 2008.[184] The massive-scale housing advancement assignments have resulted in the development of a lot of the tallest skyscrapers and most significant tasks in the world such as the Emirates Towers, the Burj Khalifa, the Palm Islands, and the most expensive lodge, the Burj Al Arab.
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The UAE's tradition mainly reflects traditional Arab lifestyle. The influence of Arab and Islamic lifestyle on its architecture, songs, apparel, cuisine, and Life style is incredibly well known as well. 5 occasions daily, Muslims are known as to prayer with the minarets of mosques that happen to be scattered across the nation.
Dubai summers will also be recognized for the pretty higher humidity degree, which often can enable it to be really uncomfortable For most with extremely superior dew factors, which could exceed 30 °C (86 °File) in summertime.