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Salaries in UAE property sector down 30pc in 2009, says study
The nation’s real estate sector has seen a 30 percent drop in salaries in 2009 due to...
October 31, 2009 10:10 by kippreport
The nation’s real estate sector has seen a 30 percent drop in salaries in 2009 due to the financial crisis, claims a report by recruitment consultant Kershaw Leonard.
“In real estate, the drops have averaged 30 percent across the ethnicity spectrum, and a number of companies have moved away from the high basic model to a more commission-based one,” the report said.