If you are an expatriate moving or relocating to Dubai, it is useful to have an idea of what life may cost there. You have first to take into consideration that the standard of living in Dubai is very high. Moreover, Dubai is thought to be the most expensive city in the world to visit as a tourist, which offers also big opportunities to those who want to settle down and live very well. In fact, the city has very nice and elegant areas to live in, provided with all kinds of services. But this has its own cost.
One of the major factors in determining how expensive life is in Dubai will be for you, is where you choose to live. This will especially depend on how much you earn.
House rents are fairly high, but if you move outside of the city or in neighbouring areas, you can get rent for less.
Salaries in Dubai are generally very high, but this is true only for high level positions such as office managers, scientists or new professional jobs such as mobile UX designer and mobile developer, who can earn up to AED 380,000 a year. However, salaries in administrative or entry level positions are not so high!
In any case, you can get any sort of housing according to your need and in line with your financial resources. Prices are very high in the city centre and in all exclusive expat areas scattered outside the centre. You can get cheaper rents if you do not mind to commute.
As an example, the average monthly cost of a one bed apartment in the city centre may cost AED 7,300 while in a neighbouring area is around AED 5,000. This does not include running costs such as the internet, electricity etc.
Regarding healthcare, Dubai expats living in Dubai might apply for a health card which entitles residents to low cost medical treatment at public hospitals and clinics. This card doesn’t cover all services therefore it is necessary to purchase a private health insurance to be on the safe side.
There’s a large number of international companies specialising in private health insurance in Dubai and elsewhere. Comprehensive health insurance costs from AED180 per month for regional coverage.
Regarding transportation facilities, Dubai is quite cheap since the cost of fuel is very low. Dubai becomes a congested city during busy hours, therefore public transportation can be your best if you daily commute.
If you are not single and you come with your family, you have to take into consideration the cost of education among private schools in Dubai which is very expensive.
In fact, during the past 10 years, school fees have risen considerably and can range as of 2018 from AED 2,479 to AED 130,000 per year. This does not include additional fees for admission, transportation, books etc.
There are 195 private schools here, and they follow different educational systems and most of them are excellent.
Dubai is a cosmopolitan city in the Middle East, so if you are about to relocate here, the facilities and lifestyle on offer are world class and although the cost of living is fairly high, the experiences you can get here are truly unforgettable.