OF

Dubai Dubai The signs of evolution…

The changing skyline 1970s 2006

The changing market 1970s 2006

The changing environment 1970s 2006

The changing wheels 1970s 2006

The changing sports 1970s 2006

The changing towers 1970s The future

GDP at Factor Costs (Approx.)  G D P of Dubai-AED Billion is expected to be Billion by 2010  Non – Oil-AED Billion  Real Estate-Over AED 14 Billion ECONOMIC INDICATORS – 2005 POPULATION : 1.Dubai-1.3 Million and is expected to be 2.1 Million by UAE-4.1 Million 3.% of Growth in population of Dubai – 12% * An approximate estimate based on a secondary Data

ECONOMIC INDICATORS – 2005 TRADING 25% CONSTRUCTION 25% OTHERS 26% MANUFACTURING INDUSTRIES 12% RESTAURANTS & HOTELS 6% TRANSPORT 6% (EMPLOYMENT BY SECTORS) * An approximate estimate based on a secondary Data

ECONOMIC INDICATORS – 2005  Passenger movement in Dubai – 25 Million and is expected to be 60 Million by 2010 * An approximate estimate based on a secondary Data By 2015 with the completion of the USD 33 billion Dubai World Central passenger handling capacity will increase to 120 million passengers and 12 million tonnes of Cargo annually. DUBAI AIRPORT STATISTICS  Tourist Population – 6 Million and is expected to be 15 Million by 2010  Growth of Passenger Traffic – In Last 10 years – Singapore 50% Dubai500%  Cargo Movement – 1.3 Million Tonnes Per Annum  No. of Air Craft Movement – 217,165 DUBAI WORLD CENTRAL :

DUBAI – Various Developments

The Progress…  The  The turning point –launch of Dubai Marina and Emirates Hills - 99-year leasehold.  Turn  Turn of the millennium Dubai announced various large scale projects and ventures.  The  The next step in announcement of freehold ownership.

 Investment in Dubai’s Real Estate is over AED 150 billion, between Developer Major Developments Market Spending (AED) NAKHEEL10 AED 45 billion Dubai Holding 11 AED 25.5 billion EMAAR11 AED 25 billion Other Private Sector Developers _ AED 50 billion REAL ESTATE FACTS * An approximate estimate based on a secondary Data

 50% of UAE Bank’s profits in the year 2005 came from either Investment or Funding in Real Estate. * An approximate estimate based on a secondary Data REAL ESTATE FACTS  USD 45 billion has been disbursed for various projects funding  Over AED 22 billion is allocated by Govt. of Dubai on Infrastructure Development, in the medium term  AED 4 Billion Metro Rail Project under way and the first phase is expected to be completed by 2009

 30,000 Visas / Day (including Tourist, Work, Residence, Transit etc..)  Of which 15,000 Visas are issued by Internet  6000 e – Cards / Month or 72,000 / year  On an average 7500 residents / month – add to the demand for Residential Properties in Dubai.  There by Creating a demand of 90,000 homes / year and consequent requirement of offices & Retails space. INTRESTING FACTS ON THE INFLOW TO DUBAI * An approximate estimate based on a secondary Data

DIFC, DIFX, DFSA, DFM,DHCC, DMCC, DDE, DTTC, DGCX, DME, DWC, DAE, DIC, ACADEMIC CITY, DOZ, DUBIOTECH,IMPZ,DSC,DU, DSO… Through the above missions, an estimated 250,000 jobs is expected to be created over the next 5 years. THE VARIOUS MISSIONS OF THE VISIONARY GOVERNMENT * An approximate estimate based on a secondary Data

MASTER DEVELOPMENT Estimated No. of Residential Units (Approximately) DIFC2,000 BURJ DUBAI 30,000 BUSINESS BAY (Phase I & II) (230 Tower) 25,000 JUMEIRAH LAKE TOWERS 28,000 DUBAI MARINA / J B R 32,000 ARABIAN RANCHES 3,691 GREENS1,300 EMIRATES HILLS, SPRINGS, MEADOWS, LAKES 5,960 PALM JUMEIRAH 7,500 JUMEIRAH VILLAGE 5,000 JUMEIRAH ISLANDS 910 DISCOVER GARDENS 26,000 IMPZ12,000 SPORTS CITY (Phase – I) 7,000 CITY OF ARABIA 2,500 SILICON OASIS 8,000 INTERNATIONAL CITY 21,000 LAGOONS (Phase – I) 5,000 TOTAL TOTAL222,861* DEVELOPMENTS PLANNED BETWEEN 2004 – 2012 IN DUBAI * An approximate estimate based on a secondary Data

COMPARISION OF RESIDENTIAL PROPERTY PRICES OF IMPORTANT CITIES IN THE WORLD * An approximate estimate based on a secondary Data

COMPARISION OF RENTAL YIELDS OF IMPORTANT CITIES IN THE WORLD * An approximate estimate based on a secondary Data

NEW AVENUES IN REAL ESTATE INVESTMENT  REITS (Real Estate Investment Trusts)  Property Funds – From WEST  CONDO Offices / Rental Pool

 Real Estate – Steady, good and continuous returns unlike other instruments  Owning an asset in one the fast growing cities in the world and a future world capital  Safety and political stability  Flexible mortgage options available NOW IS THE TIME TO INVEST

We have to make history and approach the future with steady steps, not wait for the future to come to us By His Highness Sheikh Mohammed bin Rashid Al Maktoum