Dubai: a model of economic successThis is the kind of transformation that could only have been dreamed of a century ago. Dubai grew from a largely desert village, dependent on the productivity of its local pearl fishermen and merchants and the demand placed by Persia for their products, to a preeminent economic center in the Middle East. The transition has seen Dubai move from an almost insignificant state in the Gulf region to one of financial dominance and significant influence over the economies of not only its Middle Eastern neighbors, but also around the world. This article will examine the economic development of Dubai from a historical perspective and how it has succeeded, both through its own arrangements and the actions and policies of other countries that have contributed to its growth, and will examine the state current state of the emirate's economy and the abundance of its wealth. wealth. Dubai is not shy about showing off how rich it is. Dubai is home to the tallest building in the world, the Burj Dubai, but also the only 7-star hotel in the world, the Burj Al-Arab, shining symbols of the wealth present in the emirate. Other examples of Dubai's wealth include the world's largest shopping mall and a police force made up largely of expensive supercars. The Dubai Mall is by far the most extravagant shopping center in history: it spans 12.1 million square feet, houses 1,200 outlets and welcomes 75 million visitors each year, 40% of whom of tourists. Tourism is also on the rise in Dubai. Dubai Airport has seen passenger traffic increase by 15% each year since 2002, filled with European tourists seeking sun and duty-free shopping, as well as a growing Indian middle class. Dubai also plans to build the world's largest entertainment complex, called...... middle of paper ......y characterized by the development investments made by the city's leaders to create a sustainable economy, including two major new ports and dry docks. The era of globalization shows that Dubai is constantly taking advantage of the opportunities of globalization, attracting foreign direct investment through the DIFC and real estate. These processes have created a financially stable Dubai, with a high average GDP and personal income, as well as a very low unemployment rate. Critical moments in Dubai's history and the decisions taken there, influenced by key parameters of the city's development model, gave rise to Dubai establishing itself as a financially dominant position in the Dubai region. Gulf, a center of success and economic opportunities. It is the dreams and vision of Dubai's leaders, begun a century ago, that endure today and continue to shape its success..