What is the cost of living in Dubai?
Obviously it depends as different people have very different levels of “lifestyle”… but to give an idea (and this is from personal experience, I’m sure some will say cheaper/more expensive): All prices in UAE Dirhams per year HOUSING Studio apartment new or nearly new, with pool, gym, etc in one of the new developments (Palm, Greens, JBR) 85-90K Furnished room in a share house in Dubai, ok area (Jumeirah, Barsha, Bur Dubai) 35-60K 3 bedroom older villa in Mirdiff 150K-200K 2 bedrrom villa in the Springs 140K-165K BILLS Obviously depending on how many people, and if it’s shared or single occupancy, and also age of the property (i.e. older airconditioning units eat power!). When budgeting for a new arrival, remember there’s a lot of security deposits etc that need to be paid up front. The “Housing Fee” is 5% of the annual rental also needs to be paid. As a guide, 2 people, living in a 2 bedroom apartment, with aircon running 24/7 and normal other usage of water/power would pay around 2
