Dubai Marina Shows Drastic Decline In Studio Rentals Compared To September 2008

The annual cost of living report for the UAE has been released by Kershaw Leonard.  This recruitment and HR consultancy firm based in Dubai refers to the 2009 market as “survival of the fittest.”  Dubai has faced some of the most changes, especially with inflation reaching over 12%.  Some of the actual figures suggest that the figure is closer to 20%.  The turnaround in the market has lowered some of those figures, however.