Sternon Galaxy Intercity Real Estate

It gives us great pleasure to welcome you to the 2nd edition of Dubai - Simply Accessible which features updates on the latest hotels, entertainment and attractions in the world’s most exciting city - Dubai.

The updated information will enable you to find the best facilities and venues to meet your accessibility requirements and will assist you in making an informed choice when planning a trip to Dubai either for a holiday, short trip or for business.

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In Dubai, the minimum capital is currently Dh. 300,000 (US$ 82,000), contributed in cash or in kind. While foreign equity in the company may not exceed 49%, profit and loss distribution can be prescribed. Responsibility for the management of a limited liability company can be vested in the foreor national partners or a third party.

The following steps are required in establishing a limited liability company in Dubai.

* Select a commercial name for the company and have it approved by the Licensing Department of the Economic Development Department;
* Draw up the company's Memorandum of Association and have it notarised by a Notary Public in the Dubai Courts;
* Seek approval from the Economic Development Department and apply for entry in the Commercial Register;
* Once approval is granted, the company will be entered in the Commercial Register and have its Memorandum of Association published in the Ministry of Economy and Commerce's Bulletin. The licence will then be issued by the Economic Development Department;
* The company should then be registered with the Dubai Chamber of Commerce and Industry.

Sternon Galaxy Intercity

Sternon Group Apartments: Dubai's geographical proximity to India made it an important location. The town of Dubai was an important port of call for foreign tradesmen, chiefly those from India, many of whom eventually settled in the town. Dubai was known for its pearl exports until the 1930s. However, Dubai's pearling industry was damaged irreparably by the events of World War I, and later on by the Great Depression in the late 1920s. Consequently, the city witnessed a mass migration of people to other parts of the Persian Gulf. Since its inception, Dubai was constantly at odds with Abu Dhabi. In 1947, a border dispute between Dubai and Abu Dhabi on the northern sector of their mutual border, escalated into war between the two states. Arbitration by the British and the creation of a buffer frontier running south eastwards from the coast at Ras Hasian resulted in a temporary cessation of hostilities. However, border disputes between the emirates continued even after the formation of the UAE; it was only in 1979 that a formal compromise was reached that ended hostilities and border disputes between the two states. Electricity, telephone services and an airport were established in Dubai in the 1950s, when the British moved their local administrative offices from Sharjah to Dubai. In 1966 the town joined the newly independent country of Qatar to set up a new monetary unit, the Qatar/Dubai Riyal, after the devaluation of the Persian Gulf rupee. Oil was discovered in Dubai the same year, after which the town granted concessions to international oil companies. The discovery of oil led to a massive influx of foreign workers, mainly Indians and Pakistanis. As a result, the population of the city from 1968 to 1975 grew by over 300%, by some estimates.
Sternon Intercity Residences
Sternon Group Apartments
Sternon Intercity

Dining
With restaurants, cafes and kiosks scattered all over the venue, Global Village is the perfect place to savour the many flavours of the world. With both international and locally renowned restaurants available, the Global Village Food Courts are a smorgasbord of global cuisine offering variety unlike anywhere else.