Dubai is a country where the cheapest home is almost impossible to find.
It is also home to the largest expat population in the Middle East, with millions of people who have lived and worked here for decades.
But in recent years, Dubai has seen a dramatic increase in the number of expats living there, as more and more expats move to the city and its surrounding area.
Now that is becoming a reality.
The cost of living has risen in Dubai, and the average monthly salary in Dubai has doubled in the past few years.
According to the latest numbers from the Dubai Economic and Commercial Bank (DACB), expats in Dubai now earn an average monthly income of $2,871.
This is more than triple the average income of expatriates in the United Arab Emirates.
The country’s average annual wage has also jumped to $3,942 from $2.60 in 2013.
In the past five years, expats have made a net gain of nearly $30,000 in wages and bonuses, according to the ACB.
The rising cost of housing and living in Dubai makes it hard for many expats to get their hands on an affordable house.
This can make it difficult for expats with little savings to afford to buy a home.
Many of the expats we spoke to have already bought a house in Dubai for around $400,000, but it’s now far from their goal.
“The average price of a house is now $1.5 million, so you are looking at a very steep cost increase,” said Aymenn Jawad Al Jazrawi, a financial planner and expert on UAE real estate.
“You have to be willing to pay upwards of $6,000 more than what you are currently paying.
It’s not as affordable as it used to be.”
The biggest housing boom in the world: Dubai’s house price boom is one of the biggest housing bubbles in the entire world.
According a recent study by Zillow, a real estate research company, the UAE is currently the world’s fastest-growing housing market, with the average house price jumping by more than 300 percent since 2013.
Many expats are looking for a cheaper alternative, as the housing market in the country is now extremely expensive.
And with that, it seems as though many expat households have turned to renting instead of buying.
In fact, the country’s rent market has grown by over $3 billion since 2013, with an average price per square foot increasing by just $40.
According the ACI, an official report by the ACO, the average rent for a one-bedroom apartment in Dubai rose by 5.2 percent between 2013 and 2016.
“This is the biggest surge in the UAE since 2000, and it’s an enormous rise,” said Al Jassem Al Qadri, the head of the Dubai Housing Institute.
“There are so many houses being bought that prices are going up at an incredible rate.
The only way for people to save is to rent.”
One way expats can save money is by renting.
A recent study conducted by the Dubai Institute for Economic Research found that renting out a home for between $400 and $1,000 per month allows expats around the world to save about $10,000 on their monthly rent.
“It allows them to save money and has been shown to be a good investment,” said Mr. Al Jasser.
“With an average annual income of about $3.8 million, a one bedroom apartment costs $4,000.
You could rent it for a year and pay off your mortgage for as little as $700 per month.”
However, the rental market is not the only way expat housing prices are rising.
According in a recent report by PricewaterhouseCoopers, prices in Dubai are currently more than double what they were five years ago.
While expats still make up a small percentage of the population, the share of expat house buyers is on the rise.
The study found that almost half of expata buyers in Dubai were foreign nationals.
And the number is increasing.
In 2017, the number was 36 percent, and in 2018 it jumped to 58 percent.
This growth in the housing sector has caused a significant number of houses to go on the market in Dubai.
As a result, many expatriate households are feeling the pinch.
“A lot of expaats are starting to sell and start looking for new homes,” said Ms. Al Azzam.
“If the prices go up, they are starting looking for apartments and renting out their homes.
So it has affected the entire expat community.”
The rising costs of living in the city has made expats desperate to find affordable housing.
“As a result of the housing boom, the population is growing so fast, and housing prices have gone up a lot,” said Shaukat Al Azza, a UAE-based expatriat and a spokesperson