Dubai is one of the most popular cities in the world, known for its luxurious lifestyle, high-end shopping, and stunning skyline. It is a city that attracts people from all over the globe with its promising job opportunities and tax-free income. However, before deciding to move to Dubai, it’s important to consider the cost of living and the salary required to sustain a comfortable lifestyle.
Cost of Living in Dubai
Dubai is an expensive city to live in, but the cost of living varies depending on your lifestyle choices. The major expenses are housing, transportation, food, education, healthcare, and entertainment. According to Numbeo’s Cost of Living Index 2021, Dubai ranks 23rd out of 539 cities worldwide.
Here’s an estimate of the monthly expenses for an average family of four:
- Housing (3-bedroom apartment) – AED 8,000-14,000
- Transportation (car lease or public transport) – AED 1,500-2,500
- Food (groceries and dining out) – AED 2,500-4,000
- Education (private school fees) – AED 5,000-15,000
- Healthcare (insurance and medical bills) – AED 1,500-3,000
- Entertainment and other expenses – AED 2,500-5,000
This estimate does not include luxury expenses such as high-end shopping or international travel.
Salary Required to Live in Dubai
The minimum salary required to live in Dubai depends on your family size and lifestyle choices. According to UAE Labor Law Article 60(3), employees should receive a minimum salary of AED 3,500 if they do not receive accommodation or housing allowance from their employer.
However, to live comfortably in Dubai, you need a salary of at least AED 10,000 per month. This salary can cover the basic expenses mentioned above and allow you to enjoy few luxuries as well. Of course, if you have a family with children attending private schools or if you have expensive hobbies, you will need a higher salary to maintain your lifestyle.
Conclusion
Dubai is undoubtedly an attractive city for those seeking a high standard of living and career growth. However, it’s important to consider the cost of living before making any decisions.
While the minimum salary requirement is AED 3,500 per month, it’s recommended to earn at least AED 10,000 per month for a comfortable lifestyle. Make sure to do proper research and budgeting before moving to Dubai to ensure that your income covers your expenses and allows you to save money as well.
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