Importance of research before moving to Dubai underlined

05/09/2012 - Dubai Lifestyle News Posted by Bob Brunskil
Importance of research before moving to Dubai underlined

A new report has underlined just how important it is that anyone moving to Dubai ensures that they are thoroughly prepared with plenty of research. Carried out by YouGov on behalf of Zurich, it was specified that almost half of all expats to the United Arab Emirates (UAE) move without having all of the necessary practical information that is very relevant to the transition. Furthermore, a third of respondents to the survey found that the overall experience of relocating was much more challenging than they had initially anticipated. This demonstrates the importance of ensuring sufficient information is gathered on every potential issue. The latest Global Commercial Property Survey from the Royal Institution of Chartered Surveyors indicated that property investment inquiries in the UAE increased in the second quarter of 2012, so the advice from Zurich is more relevant now than ever. A total of 16 per cent more people claimed that they have money they are interested in pouring in to properties across the UAE than those who had similar interest in the first three months of the year. Zurich emphasised the fact that many people are anxious about relocating when they make the commitment to do so - but added that this is mainly driven by a relative lack of knowledge on their part. Of the 800 UAE expats surveyed, an estimated 45 per cent admitted they had gathered very little data regarding the destination - with a relatively small proportion - ten per cent - asserting they have acquired all the knowledge that they anticipate they will need. "Although the majority of people find moving to the UAE straightforward and simple, a third of expats struggle with the experience," said Maroun Mourad, chief executive of Zurich's General Insurance Operations in the Middle East. "Moving to a new country is always a daunting undertaking, and everyone's experience is different, but it seems that a lack of information increases the anxiety of people relocating to the UAE," the expert continued.