United Arab Emirates is a relatively young country (independent since 1971) in the Middle East, located in the Persian and Oman Gulf. It exists as a federation consisting of 7 emirates:

- Abu Dhabi;
- Dubai;
- Sharjah;
- Ajman;
- Umm Al-Kaiwain;
- Ras Al-Khaimah;
- Fujaira.

The neighbours of United Arab Emirates are Saudi Arabia and Oman. Country's population is slightly above 4.5 million people and its capital city is Abu-Dhabi.

The development of the country is strongly related to the discovery of the vast oil reserves in the sixties of 20-th century. The massive cash inflow enabled dynamic Emirates' development making it the most modern country of Western Asia today. Land, sea and air infrastructure makes it the most important communication hub in the Middle East and one of the most important ones in the World.

Low prices, fantastic hotel and entertainment base as well as the business friendly regulations attract tourist and business people from around the world.

Political stability and advanced banking system made United Arab Emirates a center of services of the Middle East, thus increasing country's investment attractiveness even further. It is usual now to see super luxurious hotels and apartments raising at great speed. The courage and the money also allowed realizing some unique, visionary projects - 7 stars Burj Al-Arab hotel with its underwater restaurant, tallest building in the World - Burj Dubai, artificial island - Palm Jumeirah /now followed by Palm Deira and Palm Jebel Ali/ and many, many other architectural treasures.

It is not enough to mention the fact United Arab Emirates' wealth and strength is based on the oil. What is much more important is the fact, this is the country which clearly has the vision and is boldly executing it, making the country another centre of the new world. Why Dubai than?

- It is a tax free country – no income, capital gains or inheritance tax.
- It is one of the safest places to live in, with the crime rate among the lowest worldwide.
- Foreigners can own freehold properties with many of the Dubai, Abu Dhabi, Ras Al-Khaimah and Ajman developments.
- Resident visa rules are very transparent.
- Hotel occupancy is around 85% on average.
- Rental yield exceeds 20% in some highly sought after areas. Average yield is between 8% and 15%.
- Dubai property prices will increase constantly until 2015.
- There is no stamp duty, legal fees or survey costs involved in buying freehold property in Dubai - apart from a 1.5% land registry fee on completion.
- Capital growth is likely to average in excess of 20% per annum.
- With year round sunshine the temperatures rarely falls below 20° C.
- The population in Dubai is very cosmopolitan with over 85% of residents being expatriates.
- There is a superb choice of restaurants offering international cuisine to suit all tastes and budgets.
- Dubai has a fantastic range of bars and nightclubs and with an ever-increasing number of internationally renowned stars appearing live in the city, the nightlife offers something for everyone.
- Attractions of Dubai are expected to bring 40 million tourists a year, with an amazing choice of activities for both adults and children.
- New Jebel Ali International Airport will cover over 14km sq and a capacity to handle around 120 million passengers and 12 million tonnes of cargo. Its construction started 10 years ahead of schedule, due to demand!
- There are over 47 shopping malls (and plenty more to come) that offer many high street brands as well as designer outlets from around the world.
- The whole country offers superb beaches and water sport facilities.
- It is in United Arab Emirates where you can enjoy the tallest tower in the world, Burj Dubai.
- The largest man-made islands known as The Palm Jumeirah and The Palm Jebel Ali, The Palm Deira, are some of the most sought after leisure destinations in the world.
- Mall of Arabia is the biggest mall in the world.
- Dubailand will soon become the biggest, most varied, leisure, entertainment and tourism attraction on the planet. Dubailand is an innovative, awe-inspiring development, divided into six themed worlds and comprising over 200 individual projects, Dubailand will feature state of the art sporting facilities, theme parks, eco-tourism resorts, museums, galleries, spas and stunning shopping and recreation venues.
- Conducive lifestyle - a safe & virtually crime-free environment, a cosmopolitan and international lifestyle, a tax haven, and a tertiary home for international property buyers.
- Robust economic growth: Dubai's GDP grew average 10% annually.
- Robust population growth - 8% p.a. – from 1Mill to 3 Mill by 2010.
- Dubai is the Middle East centre and hub for all trade, finance, land-sea-air logistics, property, leisure, entertainment, retail, IT, media, education, and medical activities.
- An open, welcoming & tolerant state with investor friendly business policies. The country hosts offices, finance and development centers of Microsoft, CNN, IBM, Intel, Cannon, Fox News, ARY, Reuters, Kodak, Agfa; DHCC -Johnson&Johnson, AstraZeneca; DIFC: Standard Chartered, KPMG, PricewaterhouseCoopers, Morgan Stanley, Merill Lynch and others.

In United Arab Emirates the most incredible is becoming possible and Dubai is an astonishing example of it. Man-made islands, building of a new coast-line, the world’s tallest habitable tower, new parameters of leisure water-front living, the world’s largest mall, a rotating tower - the list is seemingly endless.

Dubai offers a fabulous cosmopolitan lifestyle with an understated elegance. There are attractions galore for the visitors: sunny beaches, five-star services, legendary hotels, vibrant shopping centres and gleaming skyscrapers vie with the traditional dhows and ancient souks. Where else can a tourist experience everything from large state-of-the art leisure and retail malls to sandy beaches, turquoise waters, lush green parks and the enduring tranquility of the desert, all in a single day of sightseeing.

It is a place where creativity, targeted at delivering pleasure, satisfaction and sheer amazement, took new heights. Every month the visitors will enjoy different festivals and exhibitions, Dubailand will offer attractions for adults and children that will eclipse all that's been known before.

We would like to bring your attention to few law-related facts of UAE. Local law is based upon religious law of Sharia and the punishment for many of the crimes is very severe. Thus, we strongly recommend to avoid:
- any type of widely understood misconduct;
- involvemnet in extra-marital relations and its manifestations in the public places
- possesion and use of any drugs;
- transportation of the alcohol (without specific permit);
- consumption of the alcohol in the public places (there are specific places where alcohol drinking is allowed);
- fights;
- littering;
- we also remind you that during Ramadan, public eating and drinking is not allowed from the sunrise until the sunset.

Applying to the above rules will grant you a sympathy of the local people, spare you a headache of facing truly severe punishment and keep United Arab Emirates a country with one of the lowest crime rates in the world, as it is today.

The property purchase in United Arab Emirates and Dubai is relatively easy and the special attention is paid to the transparency of the process. Nevertheless, MostProperties.com recommends to use a qualified solicitor speaking your language to make your property investment safe and secure.

United Arab Emirates property buying process include the following steps:

- Reservation Deposit payment: When you wish to reserve a particular property for acquisition, you will need to make a wire transfer deposit or the credit card charge in the amount of about 10% of the market price to the Vendor’s escrow bank account. At the time of closing or ‘exchange’, these funds are used towards your personal contribution of the purchase price. Except specific arrngements, these funds are refundable in upto 28 days.

- Reservation Contract signing: The Reservation Contract, including technical description of the property, is signed by the client, the reservation deposit of 10% of the price is paid at this time also, (upon signing this contract, the funds become non refundable). This contract is a binding sales contract for both parties, and is NOT conditional upon a mortgage approval.

- The Sales Contract (or exchange of contracts), can be signed by the buyers in their home country without visiting United Arab EMirates or the Embassy. However, we recommend signing in front of a Notary Public or Solicitor and ensuring they seal/stamp the document. This is the title document transferring ownership of the property.

- The Sales Contract (Property) registration. When further 20% is paid towards the price and once the contract and title has been registered to your name by the local administration (usually within the week), you are the owner of the property and can pay the stage payments as necessary until delivery or re-sell as you wish. If you have contracted a mortgage, this will take care of the stage payments for completion.

Clients' purchasing costs sum up to around 3% of the property value. It includes mortgage arrangement fees and the solicitor's fees.

For the number of skyscrapers, Dubai outperforms Venice and Oxford combined.

An average distance from the world's most luxurious hotel, Burj Al-Arab to the Moon is 384,4 thousand kilometres.

Although the price of 1 litre of gasoline can be lower than 1 litre of mineral water, we discourage you from saving money on your thirst this way.

Despite the fact that Burj Al-Arab, the world's most luxurious hotel was built in the sea and looks like a sail, we offer plenty of luxurious property in Dubai on the solid land as well.

If all the skyscrapers of Dubai were put one on top of the other, the effect would be very tall, pretty unstable and of very questionable style.

The impressive efforts of UAE to organize winter olympics are constantly ruined by the complete lack of even the slightest signs of winter.