The Dubai job market was really shaken by the downturn of the property sector and the Dubai World debt repayment issue in recent times. Even today it appears that the economy has not really recovered from these setbacks.
Dubai is viewed by many as a city of superlatives, and that may just have been the vision of its founders. Dominated by more than a hundred skyscrapers, this tiny emirate has made a name for itself not only in the Middle East but all across the world.
In the last quarter of 2009, Dubai had been in the news for all the wrong reasons. There was the Dubai World financial crisis, followed by the credit crunch in the banking sector, and the economy appeared to be going nowhere.
Most of us with any knowledge of politics or medical literature will be aware of the Munchausen Syndrome or the Stockholm Syndrome. In recent times, you will be amused to note that a new syndrome called the Dubai syndrome has emerged from the UAE.
The current atmosphere in Dubai can best be described as uncertain. The real estate sector, once fueling the demand for people has been in the doldrums for the past several months, and some firms have hardly made any sales in the last quarter of 2009.
At last there is some refreshing news for the real estate sector in Dubai. According to research conducted by the firm Asteco, the prices of Dubai apartments and villas have by and large remained stable for the third and fourth quarter of 2009.
Thankfully the year 2009 is behind us. For many it was the worst year in memory, with the recession leading to homelessness, job cuts and unemployment. Inflation and food shortages due to rogue weather conditions and natural calamities was another factor that dominated the global landscape.
It’s a strange phenomenon. They say that one man’s meat is another man’s poison. And I think that there are those in Dubai that want to take advantage of every opportunity. Let’s take the auto market in the UAE for instance.
Yes, this is the question on everybody’s lips these days- from the property developers at Nakheel, Tatweer and Zawya, to the Bangladeshi and Pakistani laborers who toil in the heat of Dubai. From being a construction worker’s paradise a few years ago, the streets and corners of Dubai reek of an uneasy quietness that threaten to paralyze the whole city.
Like a jewel in the crown of the UAE, the city of Dubai is not only one of the fastest growing but is also famous as an epicenter for employment and new job opportunities. Being truly cosmopolitan, Dubai welcomes every one with open arms and is therefore regarded as the city of dreams for many desirous of getting here to earn and live.
Like a jewel in the crown of the UAE, the city of Dubai is not only one of the fastest growing but is also famous as an epicenter for employment and new job opportunities. Being truly cosmopolitan, Dubai welcomes every one with open arms and is therefore regarded as the city of dreams for many desirous of getting here to earn and live.
Are you looking for a job in Dubai? The Dubai job seekers can find a shelter of opportunity, but look for a job in Dubai and landing a job in Dubai are two entirely different things. Dubai has become a hot spot for opportunity in the Middle East and internationally, and because of that, the labor market has raised the bar for talent and employees advance.
Abu Dhabi real estate has constantly exhibited stability that became pronounced in the present recession hit world. The global financial crunch is having modest effect on Abu Dhabi property market which chiefly caters to its domestic requirements.
The past is another country, they say. Gone are the days when Dubai of old was reminiscent of a sleepy fishing village on the shores of the Gulf.
Let's face it. The global recession has definitely left its mark on the shores of Dubai, and nowhere is this more evident than in real estate. If the recent advertisements for properties and real estate are anything to go by, the market it seems has certainly hit a slump in recent months.
The current atmosphere in Dubai can best be described as uncertain. The real estate sector, once fueling the demand for people has been in the doldrums for the past several months, and some firms have hardly made any sales in the last quarter of 2009.
The Dubai job market was really shaken by the downturn of the property sector and the Dubai World debt repayment issue in recent times. Even today it appears that the economy has not really recovered from these setbacks.
If on just skim through Dubai classifieds, it would be wondering to see how much this small city has to offer to its visitors. The concerts of world celebrities, mega sports events, fashion shows, an array of everything you wanted.
It’s a strange phenomenon. They say that one man’s meat is another man’s poison. And I think that there are those in Dubai that want to take advantage of every opportunity. Let’s take the auto market in the UAE for instance.
Thankfully the year 2009 is behind us. For many it was the worst year in memory, with the recession leading to homelessness, job cuts and unemployment. Inflation and food shortages due to rogue weather conditions and natural calamities was another factor that dominated the global landscape.
Are you looking for a job in Dubai? The Dubai job seekers can find a shelter of opportunity, but look for a job in Dubai and landing a job in Dubai are two entirely different things. Dubai has become a hot spot for opportunity in the Middle East and internationally, and because of that, the labor market has raised the bar for talent and employees advance.
If on just skim through Dubai classifieds, it would be wondering to see how much this small city has to offer to its visitors. The concerts of world celebrities, mega sports events, fashion shows, an array of everything you wanted.
Let's face it. The global recession has definitely left its mark on the shores of Dubai, and nowhere is this more evident than in real estate. If the recent advertisements for properties and real estate are anything to go by, the market it seems has certainly hit a slump in recent months.
Will the phoenix rise again? Like the legendary creature that rises from the ashes and is seemingly indestructible, Dubai's property market needs a savior.
Yesterday’s news is yesterday’s news. As recently as a year ago, the UAE automotive market was ahead of all its regional peers and was being rated as one of the fastest growing markets in the world
The past is another country, they say. Gone are the days when Dubai of old was reminiscent of a sleepy fishing village on the shores of the Gulf.
Like a jewel in the crown of the UAE, the city of Dubai is not only one of the fastest growing but is also famous as an epicenter for employment and new job opportunities. Being truly cosmopolitan, Dubai welcomes every one with open arms and is therefore regarded as the city of dreams for many desirous of getting here to earn and live.
Yes, this is the question on everybody’s lips these days- from the property developers at Nakheel, Tatweer and Zawya, to the Bangladeshi and Pakistani laborers who toil in the heat of Dubai. From being a construction worker’s paradise a few years ago, the streets and corners of Dubai reek of an uneasy quietness that threaten to paralyze the whole city.
It’s a strange phenomenon. They say that one man’s meat is another man’s poison. And I think that there are those in Dubai that want to take advantage of every opportunity. Let’s take the auto market in the UAE for instance.
Thankfully the year 2009 is behind us. For many it was the worst year in memory, with the recession leading to homelessness, job cuts and unemployment. Inflation and food shortages due to rogue weather conditions and natural calamities was another factor that dominated the global landscape.

