How Much Do Expats Need to Live in Dubai?

News
1st July 2024

The property portal, Bayut, provides an overview of total monthly expenses in Dubai, including rent, for different categories of residents:

 

  • Singles: $1,062 - $2,097

 

  • Couples: $1,552 - $3,186

 

  • Families of Four: $4,030 - $7,134

 

Rent is the largest expense for most expats.

 

Monthly Rent in Dubai According to Numbeo

 

According to the global database Numbeo, monthly rent in Dubai for apartments is as follows:

 

In the City Centre:

 

  • 1 Bedroom Apartment: $2,111

 

  • 3 Bedroom Apartment: $4,110

 

Outside the City Centre:

 

  • 1 Bedroom Apartment: $1,295

 

  • 3 Bedroom Apartment: $2,771

 

Comparison with Other Emirates

 

It is possible to compare estimated monthly costs, excluding rent, for a single person in cities in the UAE within a 30-minute drive from Dubai.

 

According to Numbeo, compared to Dubai:

 

  • Abu Dhabi: $965 - 12% cheaper

 

  • Ras Al Khaimah: $869 - 20% cheaper

 

  • Sharjah: $804 - 26% cheaper

 

Regarding average rental prices, compared to Dubai:

 

  • Abu Dhabi: 24% cheaper

 

  • Ras Al Khaimah: 41% cheaper

 

  • Sharjah: 56% cheaper

 

Comparison with Major Cities

 

According to Numbeo, the estimated monthly costs, excluding rent, for a single person in Dubai amount to $1,092. For comparison:

 

  • Paris: $1,198 - 9% higher

 

  • London: $1,398 - 22% higher

 

  • New York: $1,698 - 36% higher

 

Regarding average rental prices, compared to Dubai:

 

  • Paris: 20% cheaper

 

  • London: 28% higher

 

  • New York: 54% higher

 

Additional Information and Insights

 

Cost of Living in Dubai

 

Dubai is a popular destination for expats due to its luxurious lifestyle, career opportunities, and attractive living environment. However, the cost of living is relatively high, especially for housing. Expats need to consider various expenses, including:

 

  • Rent: As mentioned, rent is the largest expense. Prices vary significantly depending on the location of the apartment. The city center is much more expensive than the outskirts.

 

  • Utilities: The cost of utilities such as electricity, water, and gas can add up to $200 to $300 per month.

 

  • Internet and Phone: Internet subscriptions can cost around $100 per month, while mobile plans range between $30 and $50 per month.

 

  • Transport: Transportation costs vary. Many expats prefer using taxis or ride-sharing services like Uber and Careem. Public transportation remains a more economical option.

 

  • Food and Entertainment: Dining out and entertainment can be expensive. A meal in an average restaurant costs around $10 to $20, while a dinner in a more upscale restaurant can exceed $50 per person.

 

  • Education: For families, tuition fees in international schools can be very high, ranging from $10,000 to $25,000 per year depending on the institution and grade level.

 

Comparison with Other UAE Cities and International Metropolises

 

It is important to note that Dubai, while more expensive than other UAE cities like Abu Dhabi, Ras Al Khaimah, and Sharjah, offers a unique lifestyle with modern infrastructure and a variety of activities. Compared to international metropolises such as Paris, London, and New York, Dubai can be less expensive in terms of rent, but everyday expenses remain competitive.

 

Living in Dubai as an expat requires careful financial planning. Costs can vary based on lifestyle and housing preferences, but Dubai offers a dynamic and attractive living environment for those who can afford its cost.

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