Living in Dubai is an interesting journey for those who want to access a tax-friendly system, job and business opportunities, advanced healthcare, and an education system. But before moving to Dubai, there are some key questions like what is the cost of living in Dubai that you need to consider.
In this article, we’ll talk about the reasons for choosing Dubai for living, its pros and cons, cost of living, and visa types.
- The main reasons for living in Dubai are its tax-friendly system, job opportunities, stable economy, safety and security, world-class education, and Golden Visa Program.
- Through the Golden Visa program, applicants who invest at least AED 1,000,000 can qualify for long-term residency in the country.
- In 2023, Dubai experienced over 44 million visitors, which indicates that real estate is in high demand. Buyers who are interested in investing in Dubai’s property market can gain high returns.
- Key business opportunities in Dubai are in industries like real estate, import & export, renewable energy, and smart cities.
Why Choose Dubai for Living?
According to Global Media Insight, as of November 2024, the UAE has a population of 12,50 million people. The majority of its population (88.50%) are expats. It’s also worth mentioning that Dubai has the biggest population among the seven emirates, at over 3,6 million. These numbers indicate that lots of expats prefer living in the UAE and a huge percentage of them prefer living in Dubai. Here are the main benefits of living in Dubai.
Tax-friendly System
Dubai has one of the most tax-friendly systems all over the world. In fact, as a Dubai resident, you don’t need to pay income taxes, property taxes, capital gains, or VAT on resales and rentals. This helps its residents maximize their profits.
Job Opportunities
Dubai’s booming economy comes with many job opportunities, especially in sectors such as technology, finance, hospitality, and real estate.
Stable Economy
The UAE’s economy owes a lot to Dubai, which is one of the centers of tourism, financial services, and construction. These sectors are cornerstones of UAE’s growing economy and rising GDP.
Safety and Security
Is Dubai a safe place to live? Yes! The high level of safety and security is yet another key factor for people living in Dubai. In fact, according to Numbeo, the level of crime in Dubai is 12.36 (a very low indicator) and the safety index is 83.77 (a very high indicator).
Golden Visa Program
Golden Visa is yet another reason to move to Dubai. The program is specially designed for entrepreneurs, investors, and professionals. As an investor, after meeting the eligibility criteria, all you need to do is to invest at least AED 2,000,000 in real estate. Make sure the property you try to acquire is in the free zone area.
Schedule your free consultation today and secure your future!
World-Class Education and Healthcare
Another great benefit of life in Dubai is its world-class education and healthcare system. Both sectors are consistently prioritized, ensuring residents have access to top-tier education and exceptional medical care.
Cost of Living in Dubai
The average cost of living in Dubai can vary depending on several factors such as do you have a family with you, whether you are going to rent an apartment, which location you’re going to live in, etc. In this section, we’ll compare the cost of living in Dubai vs the US.
The average cost of living in Dubai will be 23.4% lower than in Los Angeles. Rental prices in Dubai are 18.6% lower, restaurant prices are 25.5% lower and groceries prices are 44% lower in Dubai than in Los Angeles. This states that living in Dubai as an American can be financially beneficial. Here’s a pricing list that you’ll find useful.
- The average pricing for a 1-bedroom rental apartment near the center of the city is $2,261.09 (8,304.97 AED).
- The price per square meter to buy an apartment in the city is $6,305.
- The basic utilities (electricity, heating, cooling, water, garbage) for an 85 square meter apartment is $210.54.
- A one-way ticket for local transport is $1.91.
- Meals in an inexpensive restaurant cost $10.89.
Dubai’s Housing and Real Estate Market
According to one of Statista’s researches held in 2023, Dubai’s real estate market contributes 8.2% to the emirate's GDP and is considered one of the key drivers of its expat workforce. In 2023, Dubai has experienced over 44 million visitors. The growing tourism sector makes this place an appealing investment destination for professionals. Investment villas dominate the urban landscape, totaling nearly 72,000, followed by approximately 40,600 private villas.
As for the real estate market, based on the data provided by DXB Interact, in 2024 there have been 150.7K property sale transactions (this includes apartment sales, villa sales, etc), which is 37.11% higher than in 2023.
Market Overview, Buying Property in Dubai, Types of Properties
Dubai’s real estate market is well-known for its properties like apartments, villas, hotels, and duplexes. One of the key reasons why real estate investment in Dubai is in demand is its Golden Visa program, which grants the applicant residency. Investing at least AED 2 million in the Dubai real estate market and meeting eligibility criteria will make it possible to apply for a 10-year residency.
Speaking of the most famous areas for real estate investment in Dubai, here are some of them:
Downtown Dubai: Having famous tourist attractions like Burj Khalifa and Dubai Mall, Downtown Dubai is considered one of the key places for property investment. Living costs in Dubai will vary depending on the amount of money you spend on your accommodation. In this area, 96% of properties are apartments, 1% are penthouses and <1% are hotels. Real estate prices here for the apartments are starting at 64,999 AED/year for rent and 800,000 AED for sale.
Dubai Marina: This place is well-known for its waterproof apartments and fancy skyscrapers. Dubai Marina is also famous for its upscale apartments and townhouses, attracting both residents and tourists. 94% of the real estate are apartments, 2% are penthouses and 1% are hotels. The price for a rental apartment starts at 55,000 AED/year, and for sale, it’s 435,000 AED.
Palm Jumeirah: This man-made island offers a Dubai lifestyle with beaches, restaurants, cafes, and world-famous hotels. 76% of the real estate are apartments, 14% are villas and 3% are penthouses. The prices of a rental apartment start at 70,000 AED/year. As for the apartments for sale, the price is 749,000 AED.
Business Bay: Being one of the most famous business hubs in Dubai and having a central location next to DIFC and Downtown Dubai, this place automatically becomes one of the most desirable for property investment in Dubai. Covering 46.9 million square feet and having about 240 buildings, the majority of this area’s real estate (96%) is apartments, 1% are hotels and <1% are duplexes. As for the starting point in property market prices, rental apartments cost at least 46,000 AED/year, and apartment prices for sale start from 415,000 AED.
Jumeirah Village Circle (JVC): Compared to many other areas, Jumeirah Village Circle offers the most affordable prices for the real estate market. 94% of the properties in this place are apartments, 2% are villas and 2% are townhouses. The apartment prices for rent start from 34,997 AED/year, and for sale start from 355,000 AED.
Work and Business Opportunities in Dubai
Any person living in Dubai should know about the employment and entrepreneurship opportunities that this city comes with. The main business opportunities in Dubai are connected with:
- Import and Export: Thanks to its strategic location, free zone benefits such as access to advanced logistics, and high profitability, this industry is in high demand.
- AI and Smart Cities: Dubai’s smart city strategy has a goal of making Dubai one of the world’s smartest and happiest places. The strategy aims to improve areas like government services, infrastructure, transportation, healthcare, and education by integrating AI and deep data. Businesses that are involved in AI and digital innovations can benefit from this.
- Real Estate: The majority of Dubai’s population are foreigners. Having a high tourist influx in the city makes its property market a good place to invest.
- Renewable Energy: In July 2023, the UAE announced a strategy to invest $54 billion in renewables by 2030 as part of its strategy to reach net zero emissions by 2050. The companies that carry out their activities in this industry should discover the opportunities that may arise.
Healthcare and Education in Dubai
Dubai has a world-class healthcare and educational system. This city has invested a lot in advanced medical infrastructure. The public healthcare system is managed by the DHA (Dubai Health Authority). The services are free or at affordable prices for its nationals. As for the expats, they can access the system with health insurance. Private healthcare is also accessible for both nationals and foreigners. As for education, Dubai offers a charge-free education in public schools for its nationals. Foreigners can also enroll for a fee, but they need to consider that the primary language is Arabic. There are both international and local universities. The Knowledge and Human Development Authority (KHDA) affirms the education standards, ensuring high-quality learning environments through regular inspections and rankings.
Social Life and Entertainment in Dubai
Being home to over 200 nationalities, Dubai is home to diverse cultures. Celebrating festivals for foreign nationals makes it a welcoming place. People in Dubai join social clubs based on their interests, such as sports, arts, literature, etc. Having a lot of lively clubs, and rooftop bars, Dubai offers active nightlife for those who enjoy dancing, drinking, and other social experiences.
Dubai is also considered home to iconic attractions like Burj Khalifa, Dubai Fountain, Museum of Future, Dubai Mall, etc. With its wide range of shopping and dining opportunities, desert adventures, and water sports, it’s a good place for both indoor and outdoor activity enthusiasts.
Residency Options and Golden Visa
Dubai comes with different types of visas. Each of them will give you a different status and provide you with a residence permit. The main residency visas include:
- Golden Visa
- Green Visa
- Virtual Work Visa
- Retirement Visa
- Blue Visa
Now let’s go through each of these visas.
Golden Visa
Golden Visa is granted to investors, entrepreneurs, professionals, and talented individuals, who meet the eligibility criteria. It gives the applicant a 10-year residency.
Investors should
- Own a real estate property worth at least 2,000,000 AED.
- Invest in a UAE-accredited fund with a minimum amount of deposit of 2,000,000 AED.
- Found a company with at least 2,000,000 AED capital.
- Be a partner of another company with a share of at least 2,000,000 AED.
Entrepreneurs should
- Own or be a partner of a pioneering project registered with Dubai Future Authority,
- Own or be a partner of SME (small or medium enterprise)
- Be a founder of a registered pioneering project that’s been sold for at least 7,000,000 AED.
Humanitarian workers need to
- Have a recommendation from the Ministry of Community Development
- لديك شهادة جامعية
الفيزا الخضراء
التأشيرة الخضراء هي تأشيرة مدتها خمس سنوات تُمنح للمهنيين والمستقلين والعاملين لحسابهم الخاص. يحتاج المستقلون والعاملون لحسابهم الخاص إلى:
- الحصول على تصريح للعمل الحر أو العمل الحر من وزارة الموارد البشرية والتوطين (MOHRE)
- حاصل على درجة البكالوريوس أو ما يعادلها
- احصل على دخل سنوي لا يقل عن 360,000 درهم
- احصل على دليل على الأموال الكافية أثناء إقامتك
يحتاج المحترفون المهرة إلى:
- لديك عقد عمل صالح
- حاصل على درجة البكالوريوس أو ما يعادلها
- احصل على دخل شهري لا يقل عن 15,000 درهم
- الحصول على مستوى مهني مصنف على أنه الأول أو الثاني أو الثالث من قبل وزارة الموارد البشرية والتوطين (MOHRE)
تأشيرة العمل الافتراضيةتم تصميم هذا البرنامج للأشخاص الذين يعملون عن بعد في شركات غير إماراتية. تمنحهم سنة واحدة من الإقامة. بصفتك متقدمًا، تحتاج إلى:
- أظهر إثبات التوظيف لدى صاحب عمل غير مقيم في الإمارات العربية المتحدة مع صلاحية العقد لمدة عام واحد كحد أدنى
- احصل على دخل شهري لا يقل عن 3,500 دولار
- أظهر دليلاً على أن العمل سيتم عن بُعد
تأشيرة التقاعدتم تصميم تأشيرة التقاعد لأولئك الذين لا يقل عمرهم عن 55 عامًا ولديهم ممتلكات خاصة بهم أو دخل أو مدخرات كافية. بصفتك متقدمًا، تحتاج إلى:
- احصل على دخل سنوي لا يقل عن 49,000 دولار (180,000 درهم إماراتي)
- احصل على مدخرات لا تقل عن 275,000 دولار (1 مليون درهم إماراتي) في وديعة ثابتة لمدة ثلاث سنوات
- امتلاك عقار غير مرهون بقيمة 275,000 دولار على الأقل (1 مليون درهم إماراتي)
- امتلاك عقار مرهون مع سداد ما لا يقل عن 275,000 دولار (مليون درهم إماراتي)
- مزيج من مدخرات الودائع الثابتة لمدة ثلاث سنوات والممتلكات، بقيمة إجمالية لا تقل عن 275,000 دولار (1 مليون درهم إماراتي)، مع عقارات تشكل ما لا يقل عن 137500 دولار (500,000 درهم إماراتي)
بلو فيزاالتأشيرة الزرقاء هي تأشيرة مصممة حديثًا تمنح الإقامة لمدة 10 سنوات للأفراد الذين قدموا مساهمة استثنائية في حماية البيئة واستدامتها. يمكن القيام بذلك داخل وخارج الإمارات العربية المتحدة.
كيف يمكن لشركة Mirabello Consultancy مساعدتك في الانتقال إلى دبي
تعد تكلفة المعيشة المعقولة في دبي أحد الأسباب الرئيسية وراء اختيار الكثير من الناس للانتقال إلى دبي. ومع ذلك، قد تكون العملية معقدة خاصة إذا كنت ترغب في التقدم للحصول على تأشيرة ذهبية. غالبًا ما تنفذ مثل هذه البرامج تغييرات في متطلباتها ومن الضروري أن تكون على دراية بالبيانات المحدثة. هذا هو الوقت شركة ميرابيلو للاستشارات يمكن أن تساعدك. إن الحصول على إرشادات خلال العملية برمتها - بدءًا من إعداد المستندات وانتهاءً بتقديم الطلب - هو أمر يمكن أن يكون مفيدًا لكل شخص مهتم بالعيش في دبي. فقط اتصل وكلائنا، وسيتوصلون إلى استراتيجية مخصصة مصممة خصيصًا لك.
تشتهر دبي بمناطق الجذب الشهيرة ونظامها الصديق للضرائب والثقافات المتنوعة والأجواء الترحيبية، وأصبحت موطنًا للعديد من الأجانب. يحب الناس فكرة الحصول على وظيفة ذات رواتب عالية، وحياة اجتماعية نشطة، والاستفادة من أنظمة الرعاية الصحية والتعليم المتقدمة. بالنسبة لهؤلاء الأشخاص، صممت دبي برنامج التأشيرة الذهبية، الذي يهدف إلى الحصول على مساهمات اقتصادية ومنحة تبادل للمتقدمين الذين لديهم إقامة لمدة 10 سنوات. إذا كنت مهتمًا وترغب في التقدم لهذا البرنامج، فلا تتردد في الاتصال بـ وكيل متخصص، الذين سيقومون بإنشاء استراتيجيات مخصصة لك لتجد طريقك إلى دبي.
FAQ
شراء عقار كمغترب أمر ممكن. تحتاج فقط إلى التفكير في أنه يمكنك شراء العقارات فقط من مناطق المنطقة الحرة. بعض الأماكن الاستثمارية الأكثر شيوعًا للأجانب هي واحة دبي للسيليكون وجبل علي ومدينة دبي للإعلام ودبي مارينا ووسط مدينة دبي وخليج الأعمال.
بناءً على هدفك في العيش في دبي، هناك عدة أنواع من التأشيرات للوافدين. الأكثر شيوعًا هي تأشيرات العمل لأولئك الذين يعملون في الشركات التي تتخذ من الإمارات العربية المتحدة مقراً لها، وتأشيرات المستثمرين، والتأشيرات السياحية، والتأشيرات الذهبية.
نعم، دبي مدينة صديقة للأسرة. تتمتع ببيئة آمنة ورعاية صحية متطورة ونظام تعليمي وحدائق وشواطئ جميلة، وهي واحدة من أفضل الأماكن لقضاء وقت عائلتك.