Are you considering a move to Dubai? As an expat couple, understanding the cost of living is crucial for planning your relocation. This comprehensive guide breaks down the approximate monthly expenses you can expect in Dubai, based on real experiences from expats living in popular areas.
Housing Costs in Dubai
The biggest chunk of your monthly budget will likely go towards housing. Here’s what you can expect (approximate figures):
- 1-bedroom apartment: 4,000-5,000 AED/month (48,000-60,000 AED/year)
- 2-bedroom apartment : 7,000-10,000 AED/month (85,000- 120,000 AED/year)
Utility Expenses
Don’t underestimate the cost of utilities in Dubai. Here’s a breakdown of approximate costs:
- DEWA (water and electricity): Depends on the property size. 500-600 AED/month
- Empower (AC): 350 AED/month (normal), 650 AED/month (summer)
- Internet (250 Mbps): 400 AED/month
- Mobile phone: 200-300 AED/month per person
- Gas: 50 AED/month
Total utility costs can range from approximately 1,500 to 2,000 AED per month for a couple.
Food and Groceries
Food expenses can vary widely based on your lifestyle. These are approximate figures:
- Groceries: 2,000-3,000 AED/month
- Eating out: 1,000-1,500 AED/month
Tip: Avoid expensive grocery chains like Spinneys to save money.
Transportation Costs
Getting around Dubai can be expensive, especially if you choose to drive. Here are approximate costs:
- Car lease: 1,500-1,800 AED/month (for a small, economical car)
- Fuel: 480-640 AED/month
- Car insurance: 2,000-4,000 AED/year (if you buy a car)
Additional Expenses
Don’t forget these other potential costs (approximate figures):
- Cleaning service: 1,000 AED/month (once a week for 4 hours)
- Shopping: 1,000 AED/month
- Health insurance: 500 AED/month (basic coverage)
Education Costs
If you’re planning to have children, factor in school fees. It’s important to note that school fees in Dubai vary widely depending on the curriculum and the specific school. Here’s a general overview:
- School fees: Approximately 5,000 AED/month, but this can vary significantly
CBSE (Central Board of Secondary Education) curriculum schools tend to be less expensive, while British curriculum schools are often more costly. For detailed information on school fees and to compare different schools, please visit whichschooladvisor.com. This website provides comprehensive information on school fees, curricula, and other important factors to consider when choosing a school in Dubai.
Total Monthly Budget
Based on these estimates, a couple can expect to spend approximately between 20,000 to 30,000 AED per month, depending on lifestyle choices and housing preferences. Remember, these are rough estimates and your actual expenses may vary.
Tips for Saving Money in Dubai
- Choose your neighborhood wisely – areas like Jumeirah can be more expensive.
- Compare utility providers for the best rates.
- Cook at home more often to save on food costs.
- Consider public transportation or carpooling to reduce vehicle expenses.
- Look for furnished apartments to avoid large upfront furniture costs.
Conclusion
While Dubai can be expensive, many expats find that the tax-free income and overall quality of life make it worthwhile. By carefully budgeting and making smart choices, you can enjoy a comfortable lifestyle in this vibrant city.
Remember, these figures are estimates and can vary based on individual circumstances and lifestyle choices. Always do thorough research and consider consulting with a financial advisor before making your move.
