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Why has Dubai been attracting so much international attention as an investment opportunity in recent years?

April 26, 2017attention attracting Dubai International Investment opportunity recent

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Why has Dubai been attracting so much international attention as an investment opportunity in recent years?

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A. In May 2002 Sheik Mohammed bin Rashid al-Maktoum issued a decree allowing non-nationals to buy and sell property in selected developments. Before that time, only United Arab Emirates (UAE) nationals could own property, and even then, only on restricted land.