Dubai is known for its luxurious lifestyle, tax-free income, and endless opportunities, but it is also an expensive city to live in. If you're wondering whether 70,000 AED per month is a good salary in Dubai, the answer depends on your lifestyle, personal preferences, and financial goals. Let’s break down the cost of living, lifestyle options, and the potential savings you can make with a salary of 70k AED.
Dubai offers a high quality of life, but it comes at a cost. Let's look at the primary expenses you’ll encounter while living in Dubai:
The cost of accommodation varies widely depending on the location and type of property you choose. Renting in popular areas like Downtown Dubai, Dubai Marina, and Palm Jumeirah will be more expensive compared to other regions.
On a 70,000 AED salary, if you spend around 10,000-15,000 AED on rent, you will still have a significant amount left for other expenses.
Dubai has an extensive metro system, but many people, especially expats with higher salaries, prefer to drive their own cars.
If you own a car, expect transportation costs to be between 2,500-4,000 AED monthly, which is very manageable with a 70k salary.
Basic utilities like electricity, water, and cooling can also add up, especially during the summer months.
So, you can expect your utilities and internet bills to come up to around 1,200-2,100 AED per month.
The cost of groceries and eating out depends on whether you prefer to cook at home or dine at restaurants frequently.
For groceries and occasional dining, you might allocate around 4,000-6,000 AED monthly.
Dubai has no shortage of entertainment options—malls, theme parks, cinemas, beaches, and clubs. You can find both budget and luxury options.
With 70,000 AED, you can comfortably enjoy Dubai's social scene and still save money.
If you have children, education in Dubai is expensive, especially in international schools.
If you're a family with children attending international schools, expect monthly fees to be anywhere from 3,000-8,000 AED.
Now that we've covered your possible expenses, let's break down how much you can save.
| Expense Category | Estimated Cost (AED/month) |
|---|---|
| Rent (1-2 bedroom) | 10,000 - 15,000 |
| Utilities & Internet | 1,200 - 2,100 |
| Transportation (Car + Fuel) | 2,500 - 4,000 |
| Groceries & Dining | 4,000 - 6,000 |
| Entertainment & Miscellaneous | 2,000 - 3,000 |
| Schooling (if applicable) | 3,000 - 8,000 |
Based on these estimates, you would likely spend between 25,000 - 35,000 AED per month. This leaves you with 35,000 - 45,000 AED to save or invest, which is quite substantial.
If you manage to save around 40,000 AED per month, your annual savings would be close to 480,000 AED (approximately $130,000 USD). This level of savings is quite significant and provides financial security, travel opportunities, or even investment options.
Absolutely! 70,000 AED per month is considered a high salary in Dubai. It allows you to live comfortably in upscale neighborhoods, cover essential expenses, and still have ample savings. Whether you're single or have a family, 70k AED provides a luxurious lifestyle with plenty of room for financial security.