Dubai is a vibrant metropolis that attracts people globally. It’s a blessing for its multitude of opportunities, world-class lifestyle, and secure environment. It’s a perfect go-to place for bachelors looking to build a lavish lifestyle from scratch. For families and couples; Dubai seems to be an ideal place to live. Luckily, Dubai is a place where all the residents have an opportunity to live an affordable or luxurious lifestyle. Whether you are someone who is planning to move to the glittering world of Dubai, welcome to the city of dreams. Dubai including food costs, housing, transportation, and more. In this article, we will introduce you to a comprehensive view of the expenses to spend to live comfortably in this developing country. Let’s find out how much money is needed for a single or a family of four to live satisfactorily.

Types Of Expenses in Dubai

If you are planning to rent a villa in Dubai or high-end apartments, it is a must to consider the expenses of living in Dubai. Here are some expenses for living in Dubai:

• Housing
• Groceries
• House Help
• Entertainment
• Utilities
• Transportation and Fuel
• Schooling
• Entertainment
• Healthcare

Above all the enlisted expenses, housing, groceries, and other necessary utilities contribute to the fixed expenses of a month that holds a big chunk of money. Secondary expenses vary as per individuals’ requirements and lifestyle choices.

Housing Costs in Dubai

Housing is the biggest asset one can ever have. It is a significant expense while considering the average cost of living in Dubai. It doesn’t matter whether you are purchasing or renting it as it takes a big amount of money. The cost of living in Dubai varies with the location you choose. Dubai’s real estate market offers a huge range of options ranging from luxurious villas, and penthouses, to affordable apartments fulfilling the different budget requirements.

• Rental costs: For expatriates, renting is often preferred because of the huge amount while purchasing. The cost to live in Dubai for a 1 bhk apartment in Downtown Dubai or Dubai Marina ranges from AED 6,000 to AED 10,000 per month. However, it decreases or increases in other locations of Dubai.
• Utilities: Monthly electricity, water, air conditioning, and internet costs extra to sustain Dubai living. 

Overall, choosing a location that suits both lifestyle and budget can reduce a substantial part of living expenses in Dubai.

Cost of Food In Dubai

Similarly spending on housing, and food is a basic human need. The cost of food in Dubai varies widely depending on preferences and dining habits. If you enjoy dining in high-end restaurants or prefer home-cooked food, groceries account for around 30% of your monthly income.

• Groceries: Shopping at supermarkets can be affordable. There are numerous discounts going on which provides a sense of relief on monthly groceries. A typical weekly grocery bill ranges from AED 200 to AED 300 depending upon the number of people in a family, and dietary habits. The price varies on different products because Dubai relies heavily on imports.
• Dubai Food Price: Eating out local mid-range restaurants can spike up the monthly expenses. It typically costs around AED 40 to AED 80 per meal. If you are someone who prefers to dine in luxury hotels then expect to spend around AED 150 to AED 300 per meal. Though eating from fast food joints will be safe for your pocket they are not healthy!

The cost of food in Dubai quickly grows even though the city offers a plethora of budget-friendly dining options.

Transportation Expenses

Dubai is a land of dreams and luxury. This city boasts an efficient public transportation system that is feasible and satisfies daily travel on a fixed budget. It includes metro, buses, taxis, and ride-hailing services like Uber. Let’s have a look at classified expenses based on the preferred choices.

• Public Transport: Usually, monthly travel expenses on public transport range from AED 300 to AED 500 depending on the location and distance you choose. The fares start from a minimum of AED 3 per trip per person.
• Taxis and Sharing Rides: Taxis are the life savior. The rent starts from AED 12 for a standard trip whereas Uber is a bit more expensive but offers additional benefits.

Public transportation is the perfect and more budget-friendly option to choose over convenience.

Health and Insurance Expenses

Healthcare in Dubai is world-class. Truly, it offers decent packages, and is also mandatory to have one in Dubai.

• Health insurance: Basic health insurance starts at AED 700 per year for individuals but gradually grows according to members and packages.
• Medical Costs: For check-up in the private healthcare industry can be a bit expensive. It generally costs around AED 200 to AED 400 WITHOUT INSURANCE.

Education and Schooling Costs

Moving to Dubai is a dream come true, education is another crucial factor that contributes to determining the cost of living in Dubai. Dubai is home to multiple international schools offering world-class education, however, the tuition fees are comparatively higher as compared to other countries.

Typically, the annual fees for a private school range from AED 30,000 to AED 100,000

Or even more excluding uniforms, textbooks, and other curricular activities.

Miscellaneous Expenses

Some other expenses contribute to the average living expenses in Dubai including clothing, personal care, entertainment, and some other miscellaneous expenses. For example:

• Clothing: Shopping at malls will spike up the monthly budget by 30%. A pair of jeans costs around AED 200 to AED 500 in Dubai.
• Personal Care: Dubai’s price of living also calculates personal care expenses. A haircut costs around AED 50 to AED 150, and the price varies depending on the selections you make.

Conclusion

The cost of living in Dubai is undoubtedly very high. However, it also gives you the quality of life you want. From stunning housing options to multiple dining options to world-class healthcare, and more. Dubai presents a lavish lifestyle and comfort. Carefully planning out and monitoring each expense will surely give you the lifestyle you wish for. Whether you are considering moving for work or leisure, Dubai welcomes everyone to experience a lavish lifestyle.