During a recent survey, UAE came out on top as the country with the highest purchasing power parity gross domestic product growth. Understanding the cost of living in the UAE means studying the real estate market, comparing rents to prices back home, and converting the price of items into the local currency. You should also compare the cost of food and transport to the cost of food and drink in your country. Then, you will have a good idea of how much it will cost you to live in the UAE.
Abu Dhabi
Depending on your family size and lifestyle, the cost of living in UAE may vary. Rent is around 30% of the total income, and the cost of food and transportation is 15% of the budget. While public transport is affordable, most expatriates prefer to own their vehicles. Shipping a car to the UAE can save a lot of money compared to leasing or buying a vehicle. Shipping your car also requires import duties and fees, which can be high, but the overall cost may be less than leasing or buying a vehicle in UAE.
The UAE capital has long attracted residents from around the world. However, recent changes in freehold property laws and the introduction of long-term UAE visas will increase the number of people looking to move here.
Dubai
However, the cost of living in Dubai is higher than in the US and UK. Public transportation in Dubai is extensive, and the city has a good public health system. Employees of companies in Dubai are usually covered by health insurance, and the government offers great programs for non-workers.
Al Barsha
Depending on your preferences, Al Barsha can be very expensive or extremely cheap. Apartments in the city are relatively cheap, although studio flats can cost as much as AED 48k. Similarly, one and two-bed units near the metro cost around AED 49k and AED 70k, respectively. To help you decide, here’s a table that lists the prices of various types of apartments in Al Barsha.
Apartments for rent in Al Barsha vary greatly in price and quality. The area is primarily populated by young professionals, couples, and small families. The Al Barsha Pond Park is a great place to stroll and spend some time outdoors. It also has the Al Salaam Masjid, a red-facaded mosque with two towering minarets. In addition, Al Barsha residents have several hospital options and can even walk to school in the cooler months.
Sheikh Zayed Road
The Sheikh Zayed Road is the main thoroughfare in Dubai, and it runs from Abu Dhabi to Ras Al Khaimah. Walls of skyscrapers characterize the stretch of road between the World Trade Centre and Business Bay. Many of Dubai’s most expensive properties are located along this road, including the Blue Tower and Sama Tower. Depending on the type of apartment you’re looking for, the cost of living in the UAE can range from $13,000 to over $56,000.
