The cost of living in Dubai is not very much different compared to the United Kingdom. Expenses on housing, commodities and services are high but there is some compensation since there is no personal tax. This has been curbed though by the increasing housing prices in the kingdom as well as inflation running at 10% in 2009.
Dubai is a very rich Middle Eastern country due to the high revenues generated from petroleum and natural gas industries. The economy is estimated to be worth over 40 billion euro due to tourism, business and the Jebel Ali free zone authority or JAFZA. [click to continue…]
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