Yes it is, but this all depends upon the location and area you choose to live. in some areas like jumeirah the rent is high and places like sonapur and al quoz rent is comparatively less.
According to Salary Explorer, the average salary in Dubai is 258,000 AED per year (70,256 USD as per exchange rates in 2023).
Comparing the costs below, the monthly house rent outside the city centre is cheaper than the rent in the city centre. Nonetheless, we recommend keeping a budget of around 20,000 AED per month for living in Dubai.
Summary of cost of living in Dubai, United Arab Emirates: A family of four estimated monthly costs are 3,775.9$ (13,868.4AED) without rent. A single person estimated monthly costs are 1,081.4$ (3,971.8AED) without rent. Dubai is 33.9% less expensive than New York (without rent).
Salary of 30,000 to 35,000 AED is more than sufficient for a single man to live but it depends upon your lifestyle in Dubai as how you live and spend you money. otherwise it is a good salary for a single man with decent lifestyle not a lavish lifestyle.
Well 30k AED is considered as rare and the best salary in the UAE as you can have a good lifestyle even with your family including two kids and save a good part of your salary.
If you don't want to read the whole blog, here is the bottom line; a salary of AED 10,000 - 15,000 (USD 2,700 - 4,000) a month is considered pretty decent with the potential to save a good amount, while a salary of AED 15,000 - 20,000 (USD 4,000 - 5,400) per month and more is considered very attractive.
Let's begin. If you don't want to read the whole blog, here is the bottom line; a salary of AED 10,000 - 15,000 (USD 2,700 - 4,000) a month is considered pretty decent with the potential to save a good amount, while a salary of AED 15,000 - 20,000 (USD 4,000 - 5,400) per month and more is considered very attractive.
Overview of the UAE cities
As a luxury tourism destination, Dubai offers high living standards: a single-person estimated monthly expenses are AED 3,700 or $1,000, excluding rent. A family of 4 would spend 3 times more — AED 13,000 or $3,540 monthly.
Yes 40K is a decent salary per month. That's more than 11k US $. It is close to 140k per year.
A monthly salary of 6000 AED (approximately $1,635 USD) may be sufficient to live in Dubai, but it may be difficult to manage expenses such as housing and childcare with this income level.
Yes, it's more than good. This would put you probably in the top 5% of earners in Dubai.
Dubai is also one of the best places to raise a family, thanks to its safe and secure environment. If you're planning on living together in Dubai as a family, read on to learn more about the lifestyle you can expect here.
To live comfortably in Dubai, you should expect a salary of at least 10,000 to 15,000 AED. This should allow you to cover your rent and bills and have enough disposable income to enjoy Dubai to the fullest.
Dubai has the highest average salary in all of the United Arab Emirates. Currently, the average salary in Dubai is about 20,000 AED per month.
Dubai is much bigger and has more entertainment options, nightlife, family activities, luxury hotels, and plenty of budget options. In contrast, Abu Dhabi is slightly more expensive. Despite being more expensive, Abu Dhabi is a more peaceful location. And Abu Dhabi has better beaches than Dubai.
Family of four estimated monthly costs are 3,167.0$ (11,629.4AED) without rent. A single person estimated monthly costs are 919.1$ (3,375.1AED) without rent. Cost of living in United Arab Emirates is, on average, 20.2% lower than in United States.
The average annual salary in Australia is $68,900 and $35.30 per hour. It is just the average salary for basic workers but skilled and experienced workers also earn around $108,980 annually. The average salary also varies depending on the field of work and the job role of workers.
Yes, it is a good salary looking at the current pandemic situation.
As a general rule of thumb, no more than 30% of your salary should be spent on housing. For example, on a salary of AED 20,000 per month, AED 6,000, or less, per month should be allocated toward housing, equating to AED 72,000 per year.
Renting a House or Apartment
The average rent in the UAE ranges between 30,000 to 50,000 AED (8,100 to 13,600 USD) per year for a studio apartment. One-and two-bedroom apartments range between 70,000 and 100,000 AED (19,000–27,220 USD).
It's a very good Salary, unless and until your expenses are not too high. You can stay in a prime location in Dubai, big house and luxury car. If you plan everything properly you can live a good life after retirement also.