publication . Bachelor thesis . 2008

The urban development in Dubai : A descriptive analysis

Fazal, Fatema;
Open Access English
  • Published: 01 Jan 2008
  • Publisher: Uppsala universitet, Nationalekonomiska institutionen
  • Country: Sweden
Abstract
  The aim of this paper is to analyse the urban development in Dubai by means of the fourquadrant model, presented by DiPasquale and Wheaton, which represents the market for real estate use and assets. The focus is on factors such as economic growth, access to oil, population growth and the incentive of the government to promote developments in Dubai, to study how they affect the real estate market. It is observed how all these factors contribute to the expansion of the construction sector and thereby the stock of space. However, because Dubai's economy is independent of the oil sector, access to oil is solely assumed to contribute to a higher amount of disposab...
Subjects
free text keywords: Dubai, urban growth, four-quadrant model, economic growth, oil, population growth, construction sector, real estate
Related Organizations

IMF (2007), United Arab Emirates, Country report 07/347, International Monetary Fund, Washington DC. <http://www.imf.org/external/pubs/ft/scr/2007/cr07347.pdf> (2008-10-07) IMF (2007), United Arab Emirates: Statistical Appendix&#x94;, Country report 07/348, International Monetary Fund, Washington DC.

<http://www.imf.org/external/pubs/ft/scr/2007/cr07348.pdf> (2008-10-22)

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