2. • Established in the 18th century as a small fishing village, Dubai grew
into a regional trading hub in the early 20th century and grew rapidly
in the late 20th and early 21st centuries with a focus on tourism and
luxury.[10] It has the second-most five-star hotels in the world[11]
and boasts the tallest building in the world, the Burj Khalifa, which is
828 metres (2,717 ft) tall.
3. • In the eastern Arabian Peninsula, on the coast of the Persian Gulf,[12]
it is a major global transport hub for passengers and cargo.[13] Oil
revenue helped accelerate the development of the city, which was
already a major mercantile hub.
4. • Dubai has been a centre for regional and international trade since the
early 20th century, and its economy relies on revenues from trade,
tourism, aviation, real estate, and financial services.[14][15][16][17]
Oil production contributed less than 1 percent of the emirate's GDP in
2018.[18] The city has a population of around 3.60 million (as of
2022).[1