Sunday, January 9, 2011

Dubai Jobs Info 2011 - The market overview

So here we are! This new year is wished to bring a lot of positive changes in the world. Dubai also expects to experience some positivity with this new year. Dubai's economy is now moving towards its recovery with a slow and steady pace but the Dubai jobs market is still to revive. People who once wanted to do job in Dubai have lost their confidence in Dubai's job market due to the crisis it went through in the past. But this new year, hopes are high for Dubai.

Experts in Dubai expect that Dubai will recover completely by the end of 2011. They base their analysis on the basis of few things. The first is the revival of financial market in Dubai.
The government of Dubai has done a lot of effort to bring its financial market in a sound position. Now people there in Dubai are a bit confident about the market and are investing in the financial market as well. this is something positive for Dubai. The next thing is the revival of real estate market and the mortgage market of Dubai. With the effort of RERA and Dubai's government the real estate sector and the mortgage industry have also picked up some pace and people are making investments in it as well. Though the investment in real estate currently is only favorable for long-term investors but still it has turned the image of Dubai better.

Businesses which once left Dubai are again looking to make a come back. They are trying to do that because Dubai is still attractive for businesses and currently the rents and prices of commercial properties are really low as compared to the time when there was a boom in property sector. This will create more job opportunities in Dubai and flow of manpower will increase towards Dubai. All these things are expected to happen simultaneously by the mid of 2011 and the effects will be experienced by the end of this year.

Therefore, those who have lost their confidence in the Dubai jobs market, I think 2011 is going to be something which builds up their confidence in it. It will bring more job opportunities for them and people looking for jobs will surely have something for themselves this year. So, if you are looking for a job in Dubai, apply for one now!

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