Cost of Living in Dubai Not so Expensive

Dubai’s 1.3-million person population is set to explode, with an anticipated doubling by the year 2010.  As thousands of retirees, expatriates and holidaymakers pour into the country, many Brits are eyeing the property market and its boom, wondering how anyone can actually afford to live in Dubai.

Whilst it is very true that buying property in Dubai is more expensive than in other expat destinations, it is not as costly as some think.  The overall cost of living in Dubai is not so expensive and tends to compare quite favourably with western European living.  It might not be quite as affordable as other relocation hotspots like Bulgaria, Belize or France, but it isn’t that far out of line either.  Considering the allure of the Persian Gulf and the recreational opportunities Dubai has to offer, it is little wonder that so many are packing up and planting new roots in the emirate – especially when they find they can actually afford to have a decent lifestyle when living in Dubai.

In this article, we’ll explore the cost of living in Dubai. Families are often a little surprised at how well this paradise stacks up with living elsewhere. Some of the finer points include: -

Housing.  This is going to set you back the most.  Buying property in Dubai will start from about GBP 70,000 and up for off-plan, one-bedroom apartments.  The more elaborate the property, the higher the prices.  Rentals here are generally comparable with the West, but do expect higher rates on the beaches and in the most upscale of developments.

Food.  Purchasing food in Dubai is not very expensive, especially when local or regional products are chosen.  International favourites will set you back a bit more.  Some expats report that a family of four can get by really well on about GBP 1000 a month for food expenses.

Clothing.  Imports, of course, are more expensive - but local alternatives are not that expensive.  Considering the lack of need for winter attire, an overall clothing budget here can be much smaller than in most European locations.

Electronics and entertainment items.  Everything from television sets to DVD players tend to be a bit less expensive in Dubai.  The lower import duties work to keep prices fairly low.

Utilities.  These tend to run lower than in many European countries.  The only exception is in the summer months when air conditioning bills can rise.

Transportation.  The cost of getting around is generally quite low.  Some expats suggest a budget of about GBP 50 a month should more than take care of a single person.

Whilst buying or renting property in Dubai doesn’t necessarily present a big cost savings, the overall prices attached with living in Dubai stack up with Western living.  Considering the draws the country has to offer and the completely different pace of life, it makes sense that so many are flocking to make a new start in this desert paradise.

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