Answer:
History
Dubai’s golden era began in 1966. Oil was found at the offshore Fateh field, which is also known as the Fath of Oil. At that time, even the brightest brains could not begin to imagine Dubai relishing in the opportunities that are present in Dubai today. Oil became the gateway to a brand new world. Although it wasn’t a gateway for the locals to connect outside of Dubai, it was a gateway for foreigners to come into Dubai.
Merely a half a century ago, all of these big edifices, businesses, and residential developments were not even thought to exist. It may be hard to believe, but the village was indeed replaced by a thriving city. In 1883, Dubai’s current leaders took control, and ruled the village. Back then, the most critical financial source was limited to pearl-fishing.
Step by step, the whole city was replenished by new buildings, modern edifices and high-end apartments. The number of residents and which is of more importance, tourists is still increasing, and thus the hotels, townhouses, penthouses and apartments for rent are of high demand. Today, when you look at the exceptional oasis created by Sheik Mohammed bin al-Maktoum, along with the crown prince, it is hard to believe that this was once a village with a limited source of finances.
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