Dubai is one of the seven emirates of the United Arab Emirates. It is located south of the Persian Gulf on the Arabian Peninsula. Dubai has the largest population and is the second-largest emirate by area, after Abu Dhabi. Dubai and Abu Dhabi are the only two emirates to have veto power over critical matters of national importance in the country’s legislature. 

The earliest recorded mention of Dubai is in 1095, and the earliest settlement known as Dubai town dates from 1799. 

Dubai was formally established in the early 19th century by the Al Abu Falasa clan of Bani Yas, and it remained under clan control when the United Kingdom assumed the protection of Dubai in 1892. Its geographical location made it an important trading hub and by the beginning of the 20th century, it was an important port. In 1966, the year oil was discovered, Dubai and the emirate of Qatar set up a new monetary unit to replace the Gulf Rupee. The oil economy lead to a massive influx of foreign workers, quickly expanding the city by 300% and bringing in international oil interests. The modern emirate of Dubai was created after the UK left the area in 1971. At this time Dubai, together with Abu Dhabi and four other emirates, formed the United Arab Emirates. The following year Ras al Khaimah joined the federation while Qatar and Bahrain chose to remain independent nations. 

In 1973, the monetary union with Qatar was dissolved and the UAE Dirham introduced throughout the UAE. A free trade zone was built around the Jebel Ali port in 1979, allowing foreign companies unrestricted import of labour and export capital. The Gulf War  of 1990 had a negative financial effect on the city, as depositors withdrew their money and traders withdrew their trade, but subsequently the city recovered in a changing political climate and thrived. 

Today, Dubai has emerged as a global city and a business hub. Although Dubai’s economy was built on the oil industry, currently the emirate’s main revenues are from tourism, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. This increased attention has highlighted labor rights and human rights issues concerning its largely South Asian workforce. Dubai’s property market experienced a major deterioration in 2008 and 2009 as a result of the worldwide economic downturn following the Financial crisis of 2007–2010.

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Do you ever tell yourself I just need to book that exotic island vacation package I’ve always dreamed of? Which quickly turns into I just never find the time to getaway. It’s a common problem in today’s fast paced, hustle, fast food society. Too many times we simply don’t take enough time for ourselves, our family and friends.

We turn around look in the mirror and we are looking at a late thirties someone square in the face wondering, were did my life go? We remember in our teens and twenties we were much more adventurous and made more time to get away, but our thirties and beyond have been hijacked by our career, responsibilities, and playing catch up for some life mistakes. Our bright dreams of world travel get shelved with the news of junior on the way or a collapse in the American financial system.

Some hot trends emerging are sexy, affordable, vacation clubs which begin to paint the canvas of a lifestyle design. These clubs are founded on the concept of bulk wholesaling power. This is a business model used by companies like Costco or Sam’s Club. This same strategy is targeted towards the travel business which is a multi-trillion dollar industry. The vacation club builds a loyal membership base and goes out into world and uses bulk buying leverage to secure amazing deals on all kinds of vacations. These range from relaxing island vacation packages to affordable all inclusive vacation packages or just a quick weekend getaway.

They include all of the popular destinations like Mexico, Hawaii, Europe, and Australia. The more exclusive luxury clubs offer trips to exotic locations like Dubai, Fiji, Costa Rica, or Tahiti. These premier clubs also offer luxury packages to major sporting events like the Superbowl or the US Open golf tournament. Other packages feature high profile celebrity charity events where meeting and mingling with sports figures and celebrities is part of the experience. Being part of a club doesn’t guarantee a change in old habits but it at least gets us dreaming of the possibilities again.

I challenge you to start living the life of your dreams. Life is short and it is meant to be lived, so remember to love, be passionate, and go travel!

Bryan Choate is a Dad, Dreamer, CEO and like you doesn’t tend to make enough time for world travel.

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