Cost of Living in Dubai 2024
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Dubai, with its stunning skyline, luxurious lifestyle, and modern amenities, is an attractive destination for expatriates and investors alike. However, living in this bustling metropolis comes at a price. According to Numbeo, a family of four has estimated monthly costs of $3,698.5 (14,015.6 AED) without rent, while a single person’s estimated monthly costs are $1,059.5 (4,014.2 AED) without rent. In this article, we break down the costs of housing, transportation, groceries, and more to give you a clear picture of living expenses in Dubai in 2024.
Housing Costs
Housing is typically the most significant expense in Dubai. You can find a wide range of options, from luxury apartments in prime locations to more affordable options in the suburbs.
Rent prices for apartments (monthly averages):
1-bedroom apartment in the city center: AED 7,000 – AED 12,000 ($1,900 – $3,270)
1-bedroom apartment outside the city center: AED 4,500 – AED 7,500 ($1,225 – $2,040)
3-bedroom apartment in the city center: AED 12,000 – AED 22,000 ($3,270 – $6,000)
3-bedroom apartment outside the city center: AED 8,000 – AED 14,000 ($2,180 – $3,810)
For those looking to invest in property, prices per square meter vary based on the location:
City center: AED 12,000 – AED 18,000 per square meter ($3,270 – $4,900)
Outside the city center: AED 8,000 – AED 12,000 per square meter ($2,180 – $3,270)
Utilities and Internet
Utilities can fluctuate depending on your apartment size and the season (with higher costs during summer due to air conditioning).
Average Monthly Utility Bills
For a standard 85 m² apartment: AED 500 – AED 1,200 ($135 – $327)
Internet
High-speed internet: AED 300 – AED 500 per month ($82 – $136)
Transportation Costs
Dubai’s public transportation system includes buses, the metro, and taxis, making it easy to get around.
Public Transportation
One-way ticket on public transport: AED 5 – AED 7.50 ($1.36 – $2.04)
Monthly pass for public transport: AED 300 – AED 500 ($82 – $136)
Fuel Costs
Fuel prices in Dubai are relatively low compared to Western countries, with 1 liter of gasoline costing AED 3 – AED 4 ($0.82 – $1.09).
Car Ownership
Renting or buying a car is common in Dubai. You can rent a basic sedan for AED 1,500 – AED 3,000 per month ($408 – $816), while buying a car depends on the model.
Grocery and Food Costs
Grocery prices in Dubai can vary based on whether you purchase local or imported goods. Supermarkets like Carrefour and Spinneys offer a range of choices.
Average Grocery Prices (2024)
1 liter of milk: AED 6 – AED 7 ($1.63 – $1.90)
1 kg of rice: AED 5 – AED 8 ($1.36 – $2.18)
12 eggs: AED 10 – AED 13 ($2.72 – $3.54)
1 kg of chicken breast: AED 24 – AED 32 ($6.53 – $8.72)
1 kg of apples: AED 7 – AED 10 ($1.90 – $2.72)
1 loaf of bread: AED 5 – AED 7 ($1.36 – $1.90)
Eating Out
Dubai’s diverse food scene caters to all budgets:
Meal at an inexpensive restaurant: AED 40 – AED 70 ($10.90 – $19.06)
Three-course meal for two at a mid-range restaurant: AED 200 – AED 400 ($54.45 – $109)
Healthcare Costs
Healthcare is of high quality in Dubai, and health insurance is mandatory for all residents.
Healthcare costs without insurance:
Doctor’s visit: AED 200 – AED 600 ($54 – $163)
Specialist consultation: AED 400 – AED 1,000 ($109 – $272)
Monthly health insurance premium: AED 500 – AED 1,500 ($136 – $408)
Education Costs
For families, education can be one of the most significant expenses. Dubai has a range of private schools offering international curricula.
School fees per year:
Primary school: AED 30,000 – AED 70,000 ($8,170 – $19,060)
Secondary school: AED 40,000 – AED 100,000 ($10,900 – $27,250)
Entertainment and Leisure
Dubai offers a wealth of activities, including beaches, luxury malls, theme parks, and fitness options such as:
Gym membership: AED 200 – AED 600 per month ($54 – $163)
Tennis court rental: AED 100 – AED 200 per hour ($27 – $54)
Movie ticket: AED 45 – AED 60 ($12 – $16)
Average Monthly Expenses for an Individual in Dubai (2024)
Here’s an estimate of monthly expenses for an individual living in Dubai:
Expense Category | Estimated Monthly Cost (AED) | Estimated Monthly Cost (USD) |
Rent (1-bedroom apartment) | AED 4,500 – AED 12,000 | $1,225 – $3,270 |
Utilities | AED 500 – AED 1,200 | $135 – $327 |
Groceries | AED 1,000 – AED 2,000 | $272 – $544 |
Public transport | AED 300 – AED 500 | $82 – $136 |
Eating out & entertainment | AED 1,000 – AED 2,500 | $272 – $680 |
Miscellaneous | AED 500 – AED 1,000 | $135 – $272 |
Total | AED 7,800 – AED 19,200 | $2,120 – $5,260 |