Dubai is one of the most popular and sought-after tourist destinations in the world. Known for its luxurious lifestyle, impressive skyline, and modern architecture, Dubai has been attracting people from all over the world for several decades.
However, have you ever wondered who is the owner of Dubai? Let’s take a closer look at this question.
Introduction
Dubai is one of the seven emirates that make up the United Arab Emirates (UAE). The country is ruled by a monarchy, and the ruler of Dubai is His Highness Sheikh Mohammed bin Rashid Al Maktoum. He is also the Vice President and Prime Minister of the UAE.
The Ruling Family
The ruling family of Dubai is Al Maktoum. The family has been ruling Dubai since 1833 when it was formed by Sheikh Maktoum bin Butti. The current ruler Sheikh Mohammed bin Rashid Al Maktoum belongs to this family.
The Role of Sheikh Mohammed bin Rashid Al Maktoum
Sheikh Mohammed bin Rashid Al Maktoum has been ruling Dubai since 2006 when he succeeded his brother Sheikh Maktoum bin Rashid Al Maktoum. He has been instrumental in transforming Dubai into a global business hub and tourist destination.
Under his leadership, Dubai has undergone significant modernization with infrastructure development, such as building Burj Khalifa – currently the tallest building in the world – and Palm Jumeirah – an artificial island that attracts tourists from all over the world.
Wealth
Sheikh Mohammed bin Rashid Al Maktoum’s wealth is estimated to be around $18 billion according to Forbes. He owns several properties globally, including a palace in Dubai, a stud farm in Ireland, and a yacht named “Dubai.”
Conclusion
In conclusion, Dubai is ruled by Sheikh Mohammed bin Rashid Al Maktoum, who belongs to the ruling family of Al Maktoum. His vision and leadership have been critical in Dubai’s transformation into a global business and tourist destination. With his wealth and influence, he has been able to put Dubai on the world map.
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