DUBAI 31 May 2018: Middle Eastern powerhouse Dubai has risen 12 spots in the purchasing power ranking since 2015, according to Swiss bank UBS’s 2018 ‘Cost of living in cities around the world’ survey.
Dubai is very affordable when it comes to millennial must-haves, it said as per a tweet from Dubai Government Media Office (DMO).
Cost of living in cities around the world survey ranked Dubai the 14th city globally in terms of purchasing power – earnings versus prices, or what people can afford, DMO said quoting UBS.