Middle-income expats priced out of Dubai luxury
Shortage of affordable homes and reduction in overseas allowances pushing them to less glamorous areas of the city far from the office, or to neighbouring Sharjah
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Dubai
WHILE Dubai continues to pump out sumptuous new apartment blocks, for a rising number of expatriates, the city no longer offers the luxury lifestyle that lured many foreigners to the Gulf.
A shortage of affordable homes and a reduction in overseas allowances since the financial crisis are pushing foreign staff on middle incomes out to less glamorous areas of the city far from the office, or to neighbouring Sharjah.
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