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What's the Real Story Behind Palm Jumeirah, Dubai's Artificial Island?

What's the Real Story Behind Palm Jumeirah, Dubai's Artificial Island?
howstuffworks.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from howstuffworks.com Daily Mail and Mail on Sunday newspapers.

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From the first school to the oldest mosque: Here are 50 lesser known facts about the UAE

A history as old as time
Al Ain has a rich history and is a treasure trove of archaeological artefacts.
Image Credit: Gulf News Archives
Long before the federation came about, the area was known as the Arabian Peninsula that can be traced back to 6000 B.C. Remnants of the country’s past are peppered through the various archeological sites in the country, with Hili Archaeological Park a personal favourite.
Tracing currency
One Dirham and other old UAE currency notes from the collection of Parshotam Mukhi.
Image Credit: Virendra Saklani/Gulf News
The first dirham notes were introduced in 1973 with denominations of Dh1, 5, 10, 50 and 100. Three years later the Dh1,000 note was released. The first notes issued had both Arabic and English lettering, with various landmarks of the UAE printed on them. They were similar to those that are in circulation today. ....

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UAE: Big projects in the next 50 years

UAE: Big projects in the next 50 years
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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Look: Images of the UAE from space over the years

Look: Images of the UAE from space over the years
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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Resurgent property market: Facing a rent hike? UAE tenants can have the upper hand in rental contract negotiations

How Dubai rental rates have evolved in the past decade
How Dubai rental rates have evolved in the past decade
Like any market, Dubai s property sector has had its ups and downs amid global economic fluctuations since 2008. As a result, long-term tenants may have found they were paying almost half the annual rent at some point in time compared with the earlier years.
Rental rates in 2008 were much higher than today with a rapidly expanding workforce and economy. However, the global financial crisis sent rents tumbling in 2009, and they remained subdued until 2012 as recovery emerged.
In Dubai Marina, for example, the average cost of a one-bedroom apartment in 2008 was Dh130,000, before falling to Dh63,000 in 2011. Rents in the area climbed in later years to as high as Dh113,000, and by the end of 2019 and 2020 were back down at an average of Dh58,000. ....

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