Is Binance safe in Dubai?

Could you please elaborate on the safety of Binance in Dubai? I've heard conflicting opinions about its legality and regulatory status in the emirate. Given Dubai's growing interest in blockchain technology and cryptocurrencies, how does Binance fare in terms of compliance and security measures? Are there any specific risks or concerns that investors in Dubai should be aware of when using Binance? Thank you for shedding some light on this matter.