Property professionals earn $10,340 a month in Mideast
- Middle East: Monday, October 05 - 2009 at 14:19
The average base salary of real estate professionals across the Middle East is $10,340 (Dhs38,040) per month, according to a survey released at Cityscape today by Macdonald & Company, a property recruitment specialist. The new monthly salary exceeds 2007 numbers by 7.2%, but reflects a 3.7% drop from last year. Further findings from the survey revealed that only 21% of respondents received an increase in base salary this year - significantly down from 71% the previous year. Moreover, 19% of the respondents have received a salary reduction (versus 1% last year), while 37% experienced no change in salary (versus 35% last year), the survey found.
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