How much money do you need to move to Dubai?
The cost of moving to Dubai depends on your lifestyle, family size, and job situation. Here’s a detailed breakdown of the expenses to consider:
Initial Costs:
Visa and Documentation:
A residence visa typically costs AED 4,000-7,500 depending on the type and duration.
An Emirates ID application fee is about AED 100-200.
Housing Setup:
Rent upfront: Most landlords require 1-4 checks (payments) for a year of rent. A one-bedroom apartment can cost AED 5,000-7,500 per month in non-central areas or AED 7,500-25,000 in prime locations like Downtown Dubai.
Deposits: Security deposits range between AED 2,000-5,000. Utility connections (electricity and water) require deposits starting from AED 2,000.
Furniture and Appliances:
Furnishing an apartment may cost AED 10,000-30,000 depending on size and quality.
Monthly Living Expenses:
Housing:
Housing expenses take 25-30% of your salary on average. Expect AED 5,000-25,000 monthly, depending on the neighborhood and type of accommodation.Utilities:
Electricity and water bills average AED 500-1,500 per month.Transportation:
Public transportation is affordable, with metro fares starting at AED 3 per trip. Owning a car involves insurance costs, maintenance, and fuel, adding AED 1,000-3,000 monthly.Food:
Monthly groceries cost AED 1,000-2,000 per person. Eating out frequently can significantly increase this expense.Health Insurance:
Mandatory private health insurance starts at AED 500-1,500 per month per person.Schooling (if applicable):
For families, private school tuition ranges from AED 12,000 to 65,000 annually depending on the school
Moving Checklist:
Ensure your passport is valid for at least six months beyond your arrival date.
Research neighborhoods to find housing that matches your lifestyle.
Budget for initial costs like visa, Emirates ID, and deposits.
Set up health insurance before arrival to meet UAE requirements.