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The area was inhabited 3000 years before Christ, there is no talk of Dubai as a city until 1833
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The traditional way of life was based on raising livestock, collecting dates, fishing and collecting pearls
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The economy of Dubai began to take off in 1894 when Sheikh Saeed Al Maktoum boosted foreign trade thanks to the tax exemption. One of the main products that made Dubai known was the pearls.
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At the beginning of the last century, Dubai began to grow slowly. During the first years the population concentrated in Bur Dubai and in Deira but, later they began to expand by the field.
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In the 1950s, Dubai began to trade in gold and expanded Dubai Creek to Keep its maritime trade growing.
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In 1969, Dubai began to export oil and in that year it already had 59.000 inhabitants.
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In 1971 the united Arab Emirates was founded
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The airport was extended to provide shelter for the recent airline Emirates Airlines, sports and recreational complexes were built and tourism was thought of as a source of additional income. At this time, new gas and oil deposits were discovered in the Margham desert.
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Thanks to the efforts of the government, Dubai's economy currently only depends on 20% of the oil. Trade and services -including tourism- dominate their current economy.
The tax exemption has led many large companies to start thinking of Dubai as the site of their operations.
