Advantages and Cost of Living in the UAE
The cost of living in the UAE is relatively reasonable compared to the attractive amenities and investment opportunities provided by the country, making it among the world’s best ideal destinations that combine a flourishing economy and a luxurious lifestyle.
Shedding light on the details of living in the UAE and its costs helps expatriates make decisions to move and work there.
In this article by Realty Zone, we’ll explore the advantages and cost of living in the UAE in general, with a focus on each of the Emirates: Dubai, Abu Dhabi, and Sharjah.
Advantages of Life in the UAE
The United Arab Emirates represents an appealing destination for living, stability, and establishing businesses for diverse communities of various races and cultures from all corners of the globe. This can be attributed to a multitude of advantages that the country possesses.
The UAE boasts a modern and advanced infrastructure encompassing roads, bridges, and modern modes of transportation, in addition to the availability of comfort and entertainment in massive commercial and recreational centers. Access to government and commercial electronic services is also remarkably easy.
Moreover, there’s the evolved healthcare system providing the highest levels of healthcare to both citizens and expatriates through hospitals and clinics equipped with state-of-the-art technologies, staffed by highly experienced medical professionals.
Regarding the education system, the UAE adopts some of the world’s best educational curricula, employs qualified teaching staff, and utilizes the latest educational technologies, allowing students to receive distinguished modern education that elevates them to higher levels.
The job market in the UAE also offers numerous outstanding employment opportunities within a flexible business environment that supports foreign investments and innovative startup companies.
The Cost of Living in the UAE
The cost of living in the Emirates varies from one emirate to another based on the standard of living and the quality of available services. However, in general, it is classified as among the high-cost cities worldwide.
Determining an appropriate standard and requirements for living in the UAE depends on the budget and needs of each individual. Monthly costs typically start at around 3,000 Emirati Dirhams per person as a minimum, covering all essential services and requirements.
Firstly – Cost of Living in Abu Dhabi Emirate
Abu Dhabi stands out as an appealing destination for living, investment, and business, but the question arises: How does its cost of living compare to other emirates in the country and cities worldwide?
Abu Dhabi is classified within the moderate to higher cost range compared to the global average. Living expenses in Abu Dhabi vary based on the residential area and housing type.
On average, covering the fundamental necessities for one person usually falls between 4,500 to 12,500 dirhams monthly. This includes expenses like rent, transportation, utilities, shopping, and more.
Rental costs in Abu Dhabi
Rent constitutes one of the largest monthly expenses in the Abu Dhabi Emirate. Small apartments typically cost around 2,600 dirhams monthly, while larger villas and luxurious residential buildings can reach up to 9,000 dirhams monthly.
Costs of basic needs in Abu Dhabi
When it comes to shopping and food expenses, the average cost for groceries ranges between 250 and 300 dirhams per month per individual. As for clothing and general necessities, it depends on their quality and the prices at the stores where one shops.
Regarding transportation, bus ticket prices start from 2 dirhams per trip, while taxi fares start at a minimum of 12 dirhams for the initial journey.
Annual fees in Abu Dhabi schools
The annual fees in schools across Abu Dhabi Emirate vary depending on each educational institution and the type of educational curriculum. They range from 4,000 dirhams to 80,000 dirhams Emirati.
Secondly – Cost of Living in Dubai Emirate
Dubai is globally classified as a city with a high cost of living due to its offering of a luxurious social lifestyle and a high-standard way of life, alongside diverse employment opportunities in various fields.
Rental Costs in Dubai
The monthly cost for housing in Dubai ranges from around 3,000 dirhams for small apartments at a minimum, while rents for luxurious apartments can exceed 10,000 dirhams per month.
Basic Living Expenses in Dubai
The average cost for food necessities per individual in Dubai ranges between 200 and 250 dirhams, depending on the quantity and quality of food items. Regarding transportation prices in the Emirate, bus tickets start from 3 up to 8.5 dirhams per trip, while taxi fares start from 6 dirhams and increase based on the distance traveled.
Annual Fees in Dubai Schools
The annual fees for schools in Dubai vary significantly, starting from 9,000 dirhams and reaching up to 74,000 dirhams in major international schools.
Thirdly – Cost of Living in Sharjah Emirate
Sharjah distinguishes itself with its reasonable living costs compared to the Emirates of Dubai and Abu Dhabi, featuring lower rents for apartments and residential properties, along with affordable basic food necessities.
Rental Costs in Sharjah
Sharjah offers suitable housing options at competitive prices compared to Dubai and Abu Dhabi. Rental costs for residential units range between 1,300 to 2,500 dirhams per month.
Basic Living Expenses in Sharjah
In Sharjah Emirate, it’s relatively feasible to secure monthly food requirements for an individual, ranging from 90 to 120 dirhams.
Regarding transportation, public bus tickets start from 8 dirhams, while taxi fares begin at a minimum of 13.5 dirhams.
Annual Fees in Sharjah Schools
In Sharjah, there’s a wide array of government and private schools with annual fees ranging between 5,200 and 42,000 dirhams, depending on the school type and educational curriculum.
In conclusion
The UAE possesses numerous advantages, making it an appealing choice for residence, investment, and employment. These include advanced infrastructure, a thriving economy, and a secure, stable environment.
However, living costs in the UAE are relatively high compared to global averages, particularly in housing and education expenses. Nevertheless, these costs align with the higher income levels and exceptional job prospects available.
If you seek further details about the average cost of living in any of the emirates, feel free to contact the Realty Zone team for a free real estate consultation.
Alternatively, if you’re considering purchasing property in Abu Dhabi’s most prestigious freehold areas, get in touch with us to explore a wide array of luxurious real estate options tailored to your preferences.
Edited by: Realty Zone©
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