Contrary to popular belief, Dubai’s main source of revenue is not oil. Although oil was discovered in the emirate in the 1960s, and certainly helped build the economy, it is other industries such as construction, tourism and financial services that are contributing to Dubai’s extraordinary wealth and creating job opportunities for expats around the world.
Only about eight percent of Dubai's population of around 2 million are Emirati - the other 92 percent are expat and migrant workers.
Dubai is part of the UAE, which consists of seven emirates (the equivalent of principalities), namely Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. The most popular destinations for expat workers in the UAE are the emirates of Dubai and Abu Dhabi.
Although many foreigners move to the UAE to save money in the tax-free environment, you should note that the cost of living in the UAE remains high, and it's important to factor this into any contract negotiations, particularly the two likely largest expenses: accommodation and schooling.
The UAE is the most liberal of the gulf states, offering the most western lifestyle opportunities. Dubai and Abu Dhabi are internationally reknown for their stunning architecture, tourism, and booming trade. There are seven emirates in total, all offering an enticing blend of western and arabic cultures. It is an exciting place to live, with world class events and attractions.