Dubai's Business Bay will be similar in nature to Manhattan or Ginza, which are the business centres for the cities of New York and Tokyo . In the past, the prosperity of Dubai depended heavily on the Creek. The first phase of Dubai 's incredible transformation into a regional hub was begun with the dredging of the Creek in the1970s. It is expected that the new extension of the Creek will mark Dubai 's entry into the global business cities' league. Dubai's Business Bay will be similar in nature to Manhattan or Ginza, which are the business centres for the cities of New York and Tokyo . In the past, the prosperity of Dubai depended heavily on the Creek. The first phase of Dubai 's incredible transformation into a regional hub was begun with the dredging of the Creek in the1970s. It is expected that the new extension of the Creek will mark Dubai 's entry into the global business cities' league.