Dubai is becoming a less expensive city to live

Dubai: The rental declines over the last 12 months are starting to pay off for Dubai’s residents.

A global survey by the consultancy Mercer finds that cost of living has come down, thus ensuring Dubai drops to the 26th spot from 19 in the list of most expensive cities.

But when compared to other cities within the region, Dubai is still costlier.

“Given that rental prices are a significant factor in cost of living for expats in particular, the overall cost of living decreases as well,” the report finds.