Let’s face it- the present economic crunch has left many feeling bewildered and confused. With opportunities drying up in their home countries, people from many Western nations are taking a chance to work abroad. And many of these people are coming to Dubai to try their luck. Quite likely they have been egged on by their colleagues or friends who have achieved relative success in the Middle East.
Admittedly, Dubai is a very cosmopolitan city and is accommodating to everyone. However it is best to be aware of a few facts before setting your sights on a job in Dubai Competition is tough because you are vying with aspirants from all over the world. Although the excitement of a high paying tax free salary may lure one over to Dubai, you may in time be bogged down by the hidden costs such as the escalating rents and rising cost of utilities.
If that is not all, there are things such as setting up in a new location, getting access to internet and phone services, home furnishing, car payments, school fees for the children, finding a nanny if required, and health insurance which may leave you reconsidering your entire decision. The lack of decent public transport also forces people to buy or rent a car as soon as they arrive, adding to their financial problems.
Hopefully, rental rates will eventually drop once the large proportion of properties currently under construction become available this year. Meanwhile it makes sense for those being offered a job in Dubai to look closely at their benefits package- especially medical, transport, housing allowance and fees for school children- as these can really set you back. Also consider distances to the school and other amenities like the supermarket from the location you will work in or stay in, as these are often overlooked aspects that can take up a huge chunk of your time.
Showing posts with label job opportunities Dubai. Show all posts
Showing posts with label job opportunities Dubai. Show all posts
Sunday, February 28, 2010
Tuesday, December 22, 2009
What Lies Ahead for Jobseekers in the UAE
The job scenario in the UAE has been affected by the recent turmoil pertaining to events like the Dubai World imbroglio and the effects of the US recession. The UAE has been feeling its effects since the last one and a half year. The housing and construction sector has been the most hit, followed by the impact on the financial sector. Many people lost their jobs since there was a reduction in economic activity and the future looked very uncertain. Some companies even relocated to other parts of the UAE, while others opted out of the UAE altogether. With all this movement, the job prospects have also been invariably affected.
In contrast, if we were to look at the previous six years or so, the UAE and especially Dubai was a hot bed of activity. There was an appetite to construct as many buildings as possible, whether for homes, apartments, shops, hotels, malls or any other places of gathering and entertainment. You could hear the sound of work going on at any time of the night or day. Now however there is an uneasy silence most of the time. The credit crunch means that cash flows have been affected, and in turn so have the housing and construction projects. New projects have been facing difficulty getting off the ground, while old projects have either changed hands in terms of management, construction teams or both. One healthy estimate was that at much as 60 percent of the previously held back projects have resumed, although many have had to extend their completion deadlines. As the economy slowly picks up again, we see that there has been renewed interest in job websites Dubai. In fact in view of the bad press that Dubai has been getting lately, many of the returning or new workers prefer to look at all of the UAE job websites, rather than just restrict themselves to job sites Dubai. The fact is that due to the past happenings of the last two years or so, it is less likely that one would choose job opportunities Dubai compared to other job opportunities in UAE. For those who have been touched by the previous downturn, job openings Dubai is least likely to attract them. They would rather take their chances in any other part of the UAE. And this is well advised, for there are better opportunities in the other emirates now that some Dubai based businesses have relocated there.
In contrast, if we were to look at the previous six years or so, the UAE and especially Dubai was a hot bed of activity. There was an appetite to construct as many buildings as possible, whether for homes, apartments, shops, hotels, malls or any other places of gathering and entertainment. You could hear the sound of work going on at any time of the night or day. Now however there is an uneasy silence most of the time. The credit crunch means that cash flows have been affected, and in turn so have the housing and construction projects. New projects have been facing difficulty getting off the ground, while old projects have either changed hands in terms of management, construction teams or both. One healthy estimate was that at much as 60 percent of the previously held back projects have resumed, although many have had to extend their completion deadlines. As the economy slowly picks up again, we see that there has been renewed interest in job websites Dubai. In fact in view of the bad press that Dubai has been getting lately, many of the returning or new workers prefer to look at all of the UAE job websites, rather than just restrict themselves to job sites Dubai. The fact is that due to the past happenings of the last two years or so, it is less likely that one would choose job opportunities Dubai compared to other job opportunities in UAE. For those who have been touched by the previous downturn, job openings Dubai is least likely to attract them. They would rather take their chances in any other part of the UAE. And this is well advised, for there are better opportunities in the other emirates now that some Dubai based businesses have relocated there.
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