|
|
 |
 |
|
| |
| |
|
|
|
 |
|
 |
|
| Accomodation |
|
"Since the introduction of freehold projects in 2002, expatriate
workers in Dubai can now choose to either rent or buy, much like anywhere else
in the world. But there the similarities end.
Dubai has the fastest growing population of any city in the
developed world. Rents continue to spiral. And while the freehold law has
enshrined into law what many had already taken for fact anyway, the number and
range of actual developments remains pretty limited when compared to current
demand. Put simply, a lot of people are chasing a limited amount of space - and
market forces (commonly referred to as 'ruthless landlords') are making the
most of it. They hope it will never end"...
|
|
| more >> |
|
|
| Lifestyle |
|
"Lifestyle is, of course, a matter of choice. It's always going
to be a personal decision how much one spends, and on what. The key question
for this report is to what extent these costs, whether lavish or modest, have
increased over the past twelve months.
We found a mixed picture - luxury or 'premium lifestyle' experiences have shown
generally high price inflation, whereas more modest areas of life, as
experienced by the majority of residents, show much less change, if any."...
|
|
| more >> |
|
| |
|
| Transport & Travel |
|
"The big theme in the past twelve months has been the 32%
increase in the price of petrol for car users, rising from a heavily subsidised
AED 4.75 per gallon in 2004-2005 to AED 6.25 from 1st September 2005.
Linked to this has been a knock-on effect on imported consumer goods as
importers struggle to meet rising transport costs. This is where the real costs
of increasing global oil prices are being, or will be, felt.
For the time being, however, the price of retail petrol still remains
comparatively low on the international stage - consider how the cost of a litre
in Dubai compares to other countries around the world:"...
|
|
| more >> |
|
| Household and Utilities |
|
"Dubai tends to confound the normal 'basket-of-goods' model of
measuring cost inflation. By the very nature of expatriate life, where
social security and general infrastructure or services provided for free in
one's home country are, in Dubai, actual expenses (and large ones at that),
household goods constitute a far lower proportion of overall expenditure than
they would in a home country. Cost items like rent, education and health are
bigger factors in Dubai"
|
|
| more >> |
|
| |
|
|
|
|