Are you considering a work experience in Dubai? The idea of moving for some time in the most modern and rich city of the UAE thrills and frightens you, at the same time? Are you wondering if you can actually lead a dignified life among those skyscrapers, where everything is within reach but nothing is free? The attractions (and temptations) are plenty: how to understand if the salary that is offered is enough to satisfy the needs, allow yourself some luxury and increase your savings?
Let’s start by looking for the right job!
You don’t need to pack in order to meet companies: with Dubai4talents, the virtual event accessible from any device, you enter an innovative selection process presenting yourself to recruiters of the best companies in Dubai looking for staff. By browsing the map among the stands of participating companies you can apply for job positions and get all the information you need in order to choose the most interesting opportunity for you.
What is the average salary in Dubai?
Salaries in Dubai range from AED 4,810 (minimum wage) to AED 99,000 per month (maximum average wage).
The average salary reported by Salary explorer is AED 21,500 per month including accommodation, transportation and benefits. Salaries in Dubai vary dramatically between different careers. A few examples:
- Financial Analyst, AED 28,800
- Office Manager, AED 19,400
- Architect, AED 26,000
- Teacher, AED 17,300
- Project Manager, AED 25,400
- Customer Service Manager, AED 29,700
- Information Technology Manager, AED 35,100
- Chef AED, 13,200
How to manage your salary in Dubai?
The amount you’ll earn working in Dubai will certainly be higher than those you’d get anywhere else in the world, but that won’t make you a sheik: learn how to plan your expenses by following the guidelines of the Ministry of Finance of the UAE, drawn up to promote savings and financial awareness.
Know your income and apply the formula 50/30/20
Accurately calculate your income and divide your budget so that it goes to meet your needs by following a simple formula:
- 50% of what you earn you will have to be allocated to the necessary expenses for livelihood such as rent, food and utilities. Minimum debt payments such as fees of an ongoing loan also fall into this category
- 30% of your earnings will be used to satisfy all those desires that will make your life enjoyable: social life, fun, unnecessary purchases
- 20% of your income represents the share you will have to put away to increase your savings or make small investments.
How to save money in the city with the most exciting shopping in the world?
The Dubai Mall or the Mall of the Emirates, paradises for those looking for trendy boutiques and exclusive attractions, are not the only shopping opportunities!
In Jumeirah, for example, there is Madinat Jumeirah, a mall with the atmosphere of the Arab garden run through by an internal river, small bridges and buildings. And what about purchases in souqs, where you may find everything by haggling in the style of traditional Arab trade?
What are some of the guidelines to contain daily expenses?
- Use the timer of your air conditioner and keep the temperature at 24 º C. This is the most convenient option for the summer heat of the UAE. According to DEWA, feeding costs are higher between 12:00 and 18:00, so watch consumption at this time of day;
- learn how to cook: prepare your meals for the evening at home with your friends and organize lunches to take to work by cutting the daily expenses for take-away food that heavily affect your monthly budget;
- take advantage of discount programs: in the UAE you can also find super sales and special offers;
● Have fun for free: winter days are wonderful on the beautiful beaches of the UAE!