Monday 18 November 2013

Dubai Expat Rents Exceed Pay Hitting Competitiveness - Bloomberg

Dubai Expat Rents Exceed Pay Hitting Competitiveness - Bloomberg:

"Sarah El-Said is relocating for the fourth time since coming to Dubai from New Jersey in 2008. The mother of two and her husband will pay 43 percent more for a similar-sized apartment, moving their children away from friends after disagreeing with their landlord over terms of a new lease.
“This is insane,” said El-Said, who pays 8,750 dirhams ($2,400) per month for an apartment on the Palm Jumeirah manmade island. “It’s like you have to move house every two years. You feel no stability in where you live and you’re always at the mercy of landlords whose sole interest is making more money.”"

'via Blog this'

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