Is 23000 AED Enough to Live Comfortably in Dubai?

When evaluating whether 23,000 AED per month is enough to live in Dubai, it's essential to consider several factors, including your lifestyle, family, and long-term goals.

Understanding the Average Salary in Dubai

In the United Arab Emirates (UAE), particularly in Dubai, the average monthly salary for a Senior Manager is around 35,000 AED. This figure includes additional cash compensation that can range from 54,000 AED to 118,000 AED. Given that your salary is a bit under 23,000 AED, the question of whether it's sufficient arises.

Cost of Living in Dubai

To determine if 23,000 AED is enough, let's break down the monthly expenses:

1-bedroom apartment in Downtown Dubai: Best costing around 10,000 AED per month. Food expenses: Can range from 3,000 AED to 5,000 AED depending on your eating habits. Car usage: Varies widely; a basic car might cost about 2,000 AED to 5,000 AED per month. Laundry, groceries, and cleaning: Approximately 3,000 AED.

In total, these expenses can sum up to around 20,000 AED to 24,000 AED per month, leaving a potential surplus for savings.

Family Considerations

If you're living with a family of four (wife, husband, and two children), the 23,000 AED per month can be more than sufficient if you choose a living location slightly outside of Downtown where housing costs are lower, around 10,000 AED per month.

Opportunities for Frugal Living

It's possible to live in Dubai with as little as 1,000 AED or as much as 100,000 AED per month, depending on your housing and lifestyle choices. For instance, you could live in a small studio for 1,000 AED or a large villa for up to 100,000 AED, with expenses determining your quality of life.

Deeper Look at Monthly Adjusted Expenses

Your housing costs in Dubai can range from 70,000 AED to 200,000 AED per annum, with location being a significant factor. For a middle-class lifestyle, a 2-bedroom apartment would cost around 70,000 AED to 100,000 AED annually.

Schooling for children can vary widely; international schools can cost around 12,000 AED to 80,000 AED per child per year. Choose locations where cheaper schools are nearby, as this can significantly impact your expenses.

Transportation options in Dubai include getting a car, which can cost between 800 AED to 4,000 AED per month depending on the car model, and choosing between basic and luxury vehicles.

Similarly, your food and other expenses will depend on how often you dine out and where you go. Dining out frequently can significantly increase your monthly expenses.

Conclusion

23,000 AED per month is sufficient for a comfortable lifestyle in Dubai, especially if you avoid luxury items and focus on a moderate lifestyle. It leaves room for savings, but it's important to budget carefully and make informed decisions regarding housing, education, and transportation.

If you want to live a more luxurious lifestyle, you may need to reassess your spending habits and consider additional sources of income. However, for a basic and comfortable life, this amount is indeed enough.

For more detailed information and resources on living in Dubai, check out Movers in Dubai.