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Expenses to consider when living in Dubai

Expenses to consider when living in Dubai = Dubai, just like the rest of the United Arab Emirates, is well-known for both its high standard of living and its high cost of living, which includes the price of Arab real estate. It is accurate to say that it is among the most costly places to live in, along with other European capitals, American and Asian cities, as well as London, Vienna, and other major cities. The cost of living there can be high, not including pricey rent or buying flats in Dubai for expats. Let’s learn more details.

 

Expats and local residents

In Dubai today, foreigners make up more than 90% of the population. That is why you do not need to know the Arabic language to live here. Recently, it has become much easier to get a 5-year residence permit here.

 

 

Expenses to consider when living in Dubai

The state is making significant investments in the creation of infrastructure. This can be seen in the well-landscaped areas, the creation of museums, parks, building construction. There is nothing similar in the world. In the United Arab Emirates, 78 years is considered to be a healthy life expectancy. And this figure is constantly growing.

The liberal domestic policy of the United Arab Emirates sets it apart from other Islamic countries. Alcohol consumption is not permitted here, but it is still possible. Cohabitation before marriage is also allowed. Among other prohibitions are the birth of an illegitimate child, being affectionate in public, and chewing gum on public transport.

 

Is the life of women any different from the life of men in Dubai

As for women, unlike in other countries in the Middle East, they are allowed to drive cars, work, and inherit here However, some decisions in a woman’s life can only be made with the permission of a male relative’s guardian. For example, this applies to marriage. The number of rights and freedoms for women here is high compared to other MENA (the Middle East and North Africa) countries. But compared to the whole world, the Emirates ranks 120 out of 153.

 

Rental expenses

When relocating to the UAE, renting accommodation will become the largest expense. In addition, everything is complicated by the fact that the rent is usually paid here six months or a year in advance. Perhaps getting your own square meters will be the best investment.

 

Rent will range from 15,000 to 26,000 AED per year in districts close to Dubai’s business district, including International City, Remraam, Dubai Silicon Oasis, Town Square, and Discovery Garden. One-bedroom studios in Dubai Creek Harbour, Mohammed Bin Rashid City, and Al Jaddaf will start at 32,000 AED per year. If you are interested in villas and houses, then you can rent a separate property for 70,000 AED.

 

When renting, consider the possibility of a 5-10% deposit, an agency commission (5% of the annual rent), and registration in the Ejari system.

 

As for the real estate purchase, the offers of developers and real estate agencies can be checked on Emirates.Estate.

 

If you have children (or older relatives)

In Dubai, about 80% of children are under the age of five. Some nurseries accept children as young as 8 months. The annual cost of nurseries and kindergartens, which can be paid right away or divided into three to four payments, is about 27,000 AED. The top preschool facilities are the following:

 

  • Kangaroo Kids Nursery,

  • Emirates British Nursery,

  • GEMS World Academy Dubai,

  • GEMS Dubai American Academy,

  • Great Mind Nursery.

Expenses to consider when living in Dubai

There are two different kinds of schools: primary and secondary. The programme determines the training. There are certain schools that follow the American Curriculum. According to it, children begin their education in kindergarten (5 years old) and finish at the age of 14, which corresponds to the Grade 8. According to the British Curriculum, school starts at the age of 4 in the Grade 1 and ends at the age of 14 in the Grade 9. The price ranges from 30,000 AED to 40,000 AED depending on the class. You will be charged an additional registration fee if you select a private school. 

 

Foreign pensioners in Dubai obtain a residence permit if they are over 55 years old. Currently, there are about 8% of pensioners in the country.

 

Entertainment activities in Dubai

Mall hopping is arguably the most accessible form of entertainment for Russians in Dubai. You can stroll here for hours while admiring the local beauties (and air conditioning). Usually, after arriving in Dubai, one can’t avoid the Burj Khalifa. The price starts at 125 AED.

 

Many people praise the local Miracle Garden flower park (54 AED). A ticket to the Seasonal Fair will be 5-10 AED.

 

Other cons of living in Dubai

You should be informed that there are additional major disadvantages that may seem unusual in addition to the high prices. Imagine living in a hot, humid region where summertime highs never drop below 40 degrees. Some people may struggle with this weather.

 

Conclusion

Moving to Dubai for permanent residence makes sense and can be a great life-changing.

 

 

Expenses to consider when living in Dubai is a feature post 

 

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