Costs in Dubai? Astronomical. A typical, small (895 sq ft) apartment is US$3,000 per month. Quality of fruits and vegetables are fair, but expensive; bacon is $7/lb; gas is $1.40; dining out is costly (alcoholic drinks are $15, cover charge at clubs $50, trendy restaurants will be $110 for an entree with less trendy restaurants at $30 per entree). Summers are hot (usually 120+ degrees in Aug/Sept, but winters are great). Labor costs are cheap (e.g., my secretary works 55 hours each week for $550).
Why the exit? I am a real estate/construction/corporate lawyer and things are slowing here. I have decided to turn a very profitable hobby (Forex trading) into a living and move to a more enjoyable quality of life; CR seems to offer that possibility. In addition, Dubai seems glamorous until you have to live and work here every day.
Thanks for the reply.
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