In 2021, the Emirate ranks #42 in Mercer’s Cost of Living Survey, so the city is more affordable than San Francisco, London and Paris. The area where you choose to reside is one of the major aspects determining how expensive the cost of living in Dubai will be for you.
For instance, a 1-bedroom apartment in the center of Dubai can be rented for AED 5.5K (USD 1.5M) per month, while a property set a bit further away will cost you about AED 3.6K (USD 1K). Additionally, monthly living expenses, which include utilities, travel and transportation, groceries and leisure/hobbies, amount to approximately AED 3.2K (USD 870K) for 1 person, and about AED 11.8K (USD 3.2K) for a family of 4.
As a rule, health insurance in Dubai is provided by a sponsor/employer, so you do not have to worry about any additional medical expenses.
If you have any questions about selling or buying properties in Dubai, please feel free to contact us and we will do our best to answer your questions.
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