Do you have aspirations of opening your own company in Dubai? Or are you trying to find long-term ways to relocate to this vibrant city? This vibrant city is a great place to relocate and make investments! Before you leave for your trip, let’s discuss the cost of living in Dubai.

This area has changed in cost of living and is renowned for its cutting-edge technology. We have addressed all of the major facets of food in Dubai for 2023 and 2024 in our extensive guide. You can decide wisely on your future in this amazing city with the help of our guide.

Cost-of-Living-In-Dubai

Is Living in Dubai Affordable?

In comparison to other prominent expat destinations such as Hong Kong and Singapore, Dubai has made a name for itself as a low-cost living choice. As per the 2023 Mercer Annual Cost of Living Survey, living in Dubai is feasible without breaking the bank.

Hidden Cost of Living in Dubai

Be ready to shell out extra cash for things like phone, internet, and utility bills, which run about AED 500 (INR 11,317 ) a month on average. Having health insurance is essential because healthcare in Dubai is quite expensive. AED 8,000 (INR 1.81 L) should be at least part of your monthly budget for a modest lifestyle, including sporadic social events and impulsive purchases.

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Here are some tips to help you reduce your monthly cost of living in Dubai even further.

Your cost of living is greatly impacted by your lifestyle choices. Put necessities before wants and go for affordable solutions like cooking at home and taking public transit.
Due to the current lack of income tax in Dubai, which means that you receive the exact amount stated in your offer letter, pay expectations differ significantly from the salary that is paid. Before making the change, find out what the typical salary in your field is.
Dubai is welcoming to all budgets and is not just for the wealthy. Adjust your way of living to your financial situation and discover the city’s undiscovered treasures that lie behind the flash and sparkle.

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Tips for Living in Dubai

Being able to pay your “expenses” is not enough to survive in a place like Dubai. It also involves interacting with others and sharing a good tuning while fully immersed in the different working cultures. Because of this, we’ve included some extra survival tips for Dubai below.

Acquire some basic Arabic language skills to establish rapport with locals and possibly bargain for better terms.
Dubai is known for its opulent lifestyle, stunning scenery, and rich culture. Thus, behave appropriately, shake hands with new acquaintances, take off your shoes outside of houses and mosques, and abstain from spitting and littering in public areas.
Benefit from all of Dubai’s year-round bargains and promotions, particularly during shopping events like Dubai Summer Surprises.
Take into consideration obtaining a Dubai resident’s card, which provides savings on a range of facilities and services.
Recall that creating a budget is an ongoing effort. To make sure you stay within your means, keep track of your spending and modify your lifestyle as necessary.

Analysing Dubai’s Cost of Living

Dubai has several attractions since it fosters both a prosperous financial climate and a vibrant city life. It is critical to comprehend the various elements that go into it. Housing accounts for over 30% of living expenses on average, making it the most major contributor. Transportation and food come in second and third, each contributing 15% to the overall cost of living.

Monthly Salary

Median salary (monthly)

13,800 AED

Average salary (monthly)

15,700 AED

Cost of Living in Dubai: For Singles, Couples & Families

Monthly expenses for 1 person

5000-5500 AED

Monthly expenses for a couple

8000-9000 AED

Monthly expenses for a family of 4

17500 AED

Accommodation

Monthly rent:

Studio Apartment (Dubai City)

5648 AED

Studio Apartment (Outside Dubai City)

3644 AED

1 Bedroom Apartment (Dubai City)

8359 AED

1 Bedroom Apartment (Outside Dubai City)

5125 AED

3 Bedroom Apartment (Dubai City)

16144 AED

3 Bedroom Apartment (Outside Dubai City)

11740 AED

Apartment prices:

Studio apartment

475,000-775,000 AED

2 bedroom apartment

1,215,000-1,399,999 AED

Groceries

Milk (1 litre)

7 AED

Bread (1 loaf)

6 AED

Eggs (A dozen)

13 AED

Chicken Breast (500g)

17 AED

Apples (1kg)

8.2 AED

Potatoes (1kg)

3.8 AED

Tomatoes (1kg)

5.5 AED

Onion (1kg)

3.5 AED

Cheese (500g)

27 AED

Bottle of wine (mid-range)

65 AED

Restaurants/Take-away

Fast food (meal for one)

35 AED

Casual restaurant (meal for one)

50 AED

Mid-range restaurant (meal for one)

90 AED

Expensive restaurant (meal for one)

500 AED

Bottle of wine

150 AED

Domestic beer

40 AED

Cappuccino

15 AED

Utilities

Basic (Electricity, Heating, Cooling, Water, Garbage) for an apartment

780 AED

Home internet (monthly)

250 AED

Phone plan (monthly)

50 AED

Travel & Transportation

Public transport monthly pass

300 AED

Bus

3 AED

Metro

4 AED

Water taxi

10 AED

Tram

5 AED

Taxi (1km)

15 AED

Rental car (daily)

100 AED

Gasoline (1 litre)

3 AED

Brand new car (small sedan)

80,000 AED

Entertainment

Movie theatre (for 2)

90 AED

Monthly gym membership

270 AED

Museum ticket (for 2)

120 AED

Massage (30 minutes)

85 AED

Theme park tickets

200 AED

Bowling (for 2)

90 AED

Education

Preschool/kindergarten fees:

Preschool/kindergarten

32,736 AED

Tuition fees for international schools:

Grade 5

30,000-40,000 AED

Grade 6-8

40,000-50,000 AED

Grade 8-10

50,000-60,000 AED

Grade 11-12

60,000-70,000 AED

Undergraduate fees:

Undergraduate degree (per student)

173,400 AED

Housemaid Services

Housemaid services (monthly)

1500-3500 AED

Sponsorship fees (annually)

5500 AED

Cleaning (per hour)

30 AED

Healthcare

Basic health insurance (annually)

600-800 AED

Comprehensive health insurance (annually)

5500 AED

Premium health insurance (annually)

10,000-15,000 AED

Short visit to the doctors

240 AED

X-ray

200-400 AED

Ultrasound

200-400 AED

Dental checkup

200-400 AED

Health care card (adults)

320

Health care card (children under the age of 10)

120

Is Living in Dubai Cost-Effective for Expats?

Dubai is a popular place for foreign visitors looking to settle down permanently because of its growing metamorphosis and reasonably priced cost of living. Dubai is still a financially viable choice for international professionals trying to save expenditures, even in light of the growing costs.

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Grow Real Estate Business with Elate PMS

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