The Jumeirah Lakes Tower (JLT) is one of the most popular communities in Dubai. Here’s a reference of what you can expect in terms of rental costs of a residential property. Residential costs will depend on where you choose to live, and where you choose to live in Dubai will be highly dependent on where you will do business. The estimated cost of living for a family of four also decreased by 32.6%. Numbeo data showed that the average cost of living for a single person decreased by 89.2% in 2021 compared to 2020. Since 2021, Dubai has become more affordable due to a consistent decline in rent, property prices, cost of education and transportation among others. Here is a small overview for a quick reference for total costs depending on the size of your family. The monthly expenses vastly differ with family size as well. On average about 30% of living expenses will be put into housing, followed by transportation and food, making up 15% each. When determining living expenses, housing makes up a considerable chunk of the budget.
Any recreational fees would not be accounted for under living expenses. It would consist of housing, food, clothing, healthcare, and transportation, to name a few. Living expenses are expenditures that are required for necessary survival. In this article, we will dive deeper into the cost of living for expats in Dubai within 4 key areas:
Information is from Numbeo (Most updated statistics: January 2022) To put this price difference into perspective, here is how Dubai stacks up against these cities:Īverage rent in city centre (studio apartment) Compared to living in some of the world’s major expat hubs like Hong Kong, London, New York, and Singapore, Dubai costs far less in terms of cost of living.
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