Dubai is probably the best place to develop in your kids a sense of cosmopolitan. International schools teach children Arabic and other languages. Kids watch hundreds of satellite TV channels and go to Global Village every year.
A global international environment with an Arabic twist indeed!
Yes it is nice place to bring up your kids as far it is one of the most modern place in almost all spheres and the thing that I find will be very healthy for kids to groom in a place where ethics are still observed and well maintained.