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6 reasons to stick around in Dubai

Many people are fleeing the city as the financial crisis eats into Dubai’s bubble. But here are a few reasons why you shouldn’t leave just yet.

January 24, 2009 9:11 by

 
 

12 Comments

  1. Ivan togohome on January 25, 2009 7:43 am

    None of this makes Dubai a home. Great for tourism but no staying power. This focus on weird and wonderful doesn’t give the depth and long-term value that residents need. It’s a zoo, an appealing zoo, that can’t compare with places rich in history, culture and a sense of belonging. Most expatriates would rather be in a place with an emotional connect, all things being equal. Unfortunately, Dubai doesn’t have that.

     
  2. LDS on January 25, 2009 7:43 am

    These are definately not reasons to stay in the UAE, if anyone thinks money sucking hotels with ridiculous prices is reason to not leave the country then your vision and lifestyle has no value.

    I know far more reasons to LEAVE.. especially being an expat..

     
  3. Peter on January 25, 2009 8:19 am

    None of these are a reason to put up with the an ailing economy that is trying to make one last buck by passing a law that allows landlords to increase rents by 20% based on an overinflated bogus index in order to make up for the losses in other sectors of the economy. The same tenants who will be hit by the 20% increase are the ones that will face salary decreases and losses in their businesses. It is clear that RERA has eiher a vested interest in rental increases or has no idea about Economics. More people will leave as they no longer will be able to afford the crazy rental prices of Dubai, especially during a crisis. But those who will leave, the older tenants, are the brain capital of this country… Others won’t come to replace them this time; who can afford to pay teh same rental prices for an appartment in the middle of the desert.

     
  4. Lina on January 25, 2009 8:56 am

    These are the exact reasons to Leave Dubai.

     
  5. Peter on January 25, 2009 11:23 am

    None of these are a reason enough to put up with the an ailing economy that is trying to make one last buck by passing a law that allows landlords to increase rents by 20% based on an overinflated bogus index in order to make up for the losses in other sectors of the economy. The same tenants who will be hit by the 20% increase are the ones that will face salary decreases and losses in their businesses. It is clear that RERA has eiher a vested interest in rental increases or has no idea about Economics. More people will leave as they no longer will be able to afford the crazy rental prices of Dubai, especially during a crisis. But those who will leave, the older tenants, are the brain capital of this country… Others won’t come to replace them this time; individuals cannot afford to pay the overinflated rents. An appartment in the middle of the desert costs the same as the equivalent size on the Champs Elysées in Paris!

     
  6. N on January 25, 2009 12:04 pm

    6 reasons.. for shallow expats to stick around Dubai!
    I am big fan of your articles, that one easily rates as my least favourite. First, your list is everything we don’t like about Dubai (the biggest, the wealthiest, the tallest, etc.) All that is overwhelming and keeps us with a challenge of having to learn new roads everyday, get used to new landmarks. Knowing you don’t have a familiar set of places to fall back on makes it impossible for everyone of us to have a comfort zone we all need.
    Dubai is still a great place to live in despite what some of the ungrateful few claim. They are who they are today because they don’t pay taxes back home, they enjoy a relative safety (no kids carrying knives around schools) and they live in homes they can even dream of visiting back home.
    I’m not saying Dubai is perfect but I also expect some of the expats in Dubai not to bite the hand that is feeding them and rather resort to constructive feedback. If they still hate the country so much, why don’t they move back home? Their countries need them now to pay 40% taxes in order to repay some of the huge support packages!!

     
  7. joe on January 25, 2009 12:51 pm

    come on the artical is just making fun of things it is not a serious one!!!! by the way if you all live here & think like that why don’t you leave!!! Just to remind you, you guys have felt the crisis because this country had an economic growth of 300% & when you were making lots of Money you had no complains, don’t be so ungratefull

     
  8. mohamad on January 25, 2009 1:03 pm

    The things mentioned in the article are for tourists. residents as mentioned in other comments would like to feel at home which was felt by me when I first came here. That is to have trust in the system. After the issuance of some laws such as Law no. 13 which was issued in August that states that if the purchaser defaults then the developer can keep only 30% of the money paid by the purchaser and then changing that in an adminstrative circular in November to 30% of the sale price. The new rent law which is aimed at increasing the lower end rents since the high end cannot be increased anymore. The way people employed by government owned banks and developers are being laid off without compliance with the labor law. How can somebody that paid one year for his rent and has his children in schools and paid 6 months in advance be given one month motice and layed off. The sense of being at home is fading quickly

     
  9. M on January 25, 2009 2:42 pm

    The government should take care of its decisions / plans of setting new records in history which would indirectly effect its growth in all aspects, as I understand the most regretting decision of salary increament of 70% to the govt staff was also a decision which they could not afford and decisions of this nature are being pain for expats / general public by collecting exorbitantly high traffic fines, visa charges…etc. and also the landmark projects would soon become a burden and would start giving the negative identity other than what it was planned for. The govt has focussed on every nook and corner of hiking rents, govt fees…etc. But has never bothered to focussed on fixing up salary slabs in the private sector which indirectly is a harrasing situation for most expats and THE PRESENT PLANNING IS NOT A BALANCED PLANNING. I SUGGEST TO FOLLOW THE LOGIC OF SLOW & STUDY WINNING THE RACE.

     
  10. Rami on January 26, 2009 7:11 am

    wow. now i’m definitely staying in dubai

     
  11. lachicks on February 1, 2009 3:01 pm

    With all these ever reluctant rules Dubai is just forcing us to leave… expats are helping to build Dubai’s economy but is charging them with exorbitant flat rental prices. How ironic!

     
  12. Bernard on February 6, 2009 3:13 pm

    These are preposterous reasons for expats to remain in Dubai and these same reasons are very flimsy and unconvincing even to shallow naive tourists. Discerning tourists prefer to experience authentic Arabian/Middle Eastern history, culture, cuisine and this is the reason they travel to Egypt, Syria, Yemen, Iran, Turkey, and Morocco. The trivial tourism that Dubai offers along its sewage polluted unhygienic beaches and identical malls that literally offer the same things and rip you off in the same manner are not worthy of mention out of reverence to this forum and your distinguished readers.

     

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