Robert

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Dubai has emerged as the costliest city in the Middle East for international employees in 2024, as highlighted by Mercer's latest 'Cost of Living City Ranking.' One of the primary contributors to this ranking is the substantial surge in housing prices. The city has experienced a remarkable 21% increase in housing costs, which has significantly impacted the overall cost of living. Rents for three-bedroom apartments have risen by 15%, while house rentals have seen an even more dramatic increase of 32% year-on-year. This sharp escalation in accommodation expenses has placed a considerable financial burden on international employees, making housing a key factor in Dubai's elevated cost of living.

Jun 21, 2024

Dubai: The Costliest City in the Middle East for International Employees in 2024

Economy No Comment 37 Views

Factors Contributing to Dubai’s Rising Cost of Living Dubai has emerged as the costliest city in the Middle East for international employees in 2024, as highlighted by Mercer’s latest ‘Cost of Living City

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Robert

Economykazishoiab

Dubai: The Costliest City in the Middle East for International Employees in 2024

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