For those looking to relocate to the Middle East and experience a new culture, Dubai is an attractive destination. Located in the United Arab Emirates, the booming city offers opportunities not just in business, but in lifestyle. But while there are many benefits to living in Dubai, it’s important to know that the cost of living in Dubai is higher than many other places.
Accommodation is one of the most expensive items in the Dubai lifestyle, with rental prices ranging widely depending on where you live and the size of the property. A one-bedroom apartment in the city centre can cost upwards of AED 8,000 (USD 2,160) monthly, not including water and electricity, and rent can be as much as double in prime areas such as Downtown. These costs are similar for those wishing to buy property, with the average price of a one-bedroom apartment in Dubai marina ranging from AED 1.2 million to AED 2.4 million (USD 340,000-640,000).
food and utility costs in Dubai are generally in line with the rest of the world. You can expect to pay around AED 400-500 (USD 110-135) for a month's groceries, as well as AED 120 to 180 (USD 30-50) each month for water and electricity. As an expat, you will also need to account for one-off expenses such as telephone and internet access, which typically cost around AED 250 (USD 68) per month.
Transportation expenses in Dubai are surprisingly low, with public buses costing as little as AED 3 (USD 0.83) per trip. Taxis are also inexpensive; drivers charge AED 1.82 per kilometre and AED 1.50 (USD 0.41) for short trips. For those who prefer to drive themselves, the cost of leasing or buying a car can range from AED 24,000 for the most basic model to millions for a luxury model.
Entertainment and leisure expenses can also vary widely. While Dubai has a reputation for luxury, you can find plenty of activities to do without spending a fortune. Visiting the world’s tallest building, the Burj Khalifa, is an affordable option, with tickets costing from AED 99 (USD 27). In addition, Dubai’s breathtaking beaches and desert landscapes are free to explore and presented for no cost.
In summary, the cost of living in Dubai can vary significantly depending on lifestyle. Average monthly expenses for a single expat range from AED 10,000 (USD 2700) to 15,000 (USD 4050), although it’s possible to spend far less or more depending on individual preferences. With careful budgeting, renting a nice place and enjoying the many attractions this city has to offer is within reach for most expats.
A Dubais.blog First Publication.