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That compares with $46,344 a year in Manhattan,
anonymous saysThat compares with $46,344 a year in Manhattan,
What western expat works in Dubai for 58k a year? I never heard of any. Where the fuck do you rent a 3 bedroom house in Manhattan at all? Idiotic. They can't drive 10 minutes to Abu Dhabi , Ajman or Sharjah if rents are too high in the city of dubai? It's a really small country and Dubai is a small city. People commute from Albany to NYC for christ sakes. I know, I did it for 4 years.
"Rents rose by 15 percent for apartments and 14 percent for single-family homes on average in the past year, Jones Lang LaSalle Inc. wrote in an October report"
"Average annual rent for a mid-range three-bedroom home in Dubai is equal to about $58,000. Rents range from $46,000 to $92,000 a year depending on the quality and location, according to Cluttons LLC. That compares with $46,344 a year in Manhattan, where rents, charged monthly, rose 0.2 percent in 2012 to an average of $3,862 per month."
http://www.bloomberg.com/news/2013-11-17/dubai-expat-rents-exceed-pay-hitting-competitiveness.html