The latest UBS Global Cost of Living Survey shows a big jump in Dubai, particularly when the surging cost of rents is included. This is encouraging many expats to look again at buying an apartment or villa for the first time since the real estate crash four years ago.
Dubai is now the 12th most expensive city to live in when housing costs are factored into the domestic budget. That is on a parr with Frankfurt, and higher than both Rome and Chicago. Dubai is by far the most pricey city to live in the Middle East as you might expect for the commercial hub city of the region.
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