Hey Chinawladi great link has some good info on whats happend here in Dubai
Couple of quotes from the
Gulf News Article
In the past 12 months, average price increases were reported, across key areas of expenditure, in the range of 20-30 per cent namely in accommodation (27 per cent), foodstuffs (20 per cent), healthcare (18 per cent), education (20 per cent) and transportation (25 per cent).
David Thatcher, Principal, Career Partners
"Unfortunately, Dubai has inherited a legacy of hiring to the cheapest price, which must change if it is to attract the right calibre of people.
"Spiralling property rents on commercial and domestic premises, inflation as well as infrastructure problems have created a more stressful environment.