Is a Salary of 12000 AED Enough in Dubai for a Family of 4 with 2 Babies?
A salary of 12000 AED per month for a family of four in Dubai, including two babies, can present several challenges but may be manageable depending on your lifestyle and spending habits. Several key factors significantly impact the overall cost of living in Dubai. In this article, we will explore these factors to help you make a well-informed decision.
Housing Costs and Expenses
Rental Prices: The cost of renting a home in Dubai can vary widely depending on the location and size of the apartment. A two-bedroom apartment can range from 4000 to 10000 AED per month. Areas farther from the city center tend to be more affordable.
Utilities (Electricity, Water, and Internet): Monthly utility costs can range from 500 to 1000 AED, depending on your usage. It is important to note that these prices may vary based on the apartment's size and the level of consumption.
Grocery Bills
Monthly Grocery Expenses: The monthly grocery bill for a family of four can range from 1500 to 3000 AED, depending on dietary preferences and shopping habits. This range can help you understand the grocery expenses you might face.
Transportation Costs
Car Ownership: If you own a car, you will need to budget for fuel, insurance, and maintenance costs. However, public transportation is a more economical option. Monthly passes for public transportation cost around 300 AED per person.
Childcare Expenses
Daycare and Nanny Services: The cost for daycare or nanny services can be significant, often ranging from 2000 to 4000 AED per child per month. These costs can add up quickly, so it is crucial to consider your budget carefully.
Healthcare Costs
Health Insurance: Health insurance is essential for the family’s well-being. The cost can vary, and employer-provided insurance might cover basic needs but may still leave you with out-of-pocket expenses for more specialized treatments.
Miscellaneous Expenses
Entertainment, Dining, and Personal Expenses: Additional costs for entertainment, dining out, and clothing can add up, but with careful budgeting, you can still enjoy these activities. It's important to prioritize your expenses to ensure you can cover all necessary costs.
Summary of Living Costs
In summary, a salary of 12000 AED per month can be tight for a family of four in Dubai, particularly with two babies. Careful budgeting and prioritizing essential expenses are crucial. To make it work, you may need to explore cost-effective options for housing, childcare, and groceries. Additionally, the recommended option to live in Sharjah or Ajman can offer a more affordable living condition, allowing you to save for your child’s education and other needs.
References:
1. Pankaj's Response: 'This amount can cover living costs and yield small savings. Will require a pass on optional spending.'
2. Suveer Puris' Response: 'Again it depends on what background you’re coming from. However in my opinion it would be a terrible idea to live in Dubai. I recommend taking up accommodation in Sharjah or better still Ajman. That is the only way you can have a decent life and be able to save for your kid’s school etc. More importantly that will help you live a life.'