Is 5000 AED a Good Salary In Dubai?

Introduction

In Dubai, for a newcomer 5000 AED is not a bad salary. Everything depends upon the way you want to live. In Dubai accommodation and transport cost is provided by your respective companies, hence the only expense that you have to bear is the food and entertainment costs, which depends upon how much you want to spend.

So, if you are in Dubai for the first time for your first job, and if your salary is 5000 AED then you will be able to survive in Dubai.

Also Read: Which Newspaper Is Best For A Job Search In Dubai?

 

Is Everyone In Dubai Rich? 

It is a well-known fact that Dubai is considered one of the richest countries in the world, but it is a misconception that everyone in Dubai is rich. It has been estimated that about 20% of the whole population in Dubai actually lives in poverty.

If you want to get rich in Dubai, then that is possible as well. As of 2021, it is possible for you to make a good amount of money in Dubai or in the UAE as a whole and be rich.

 

What Are The Best Jobs In Dubai? 

There are a few job categories that pay a better salary than others, so if you are looking for a job in Dubai then it would be better if you are one of these.

1. Operations Manager
2. Business Development Manager
3. Project Engineer
4. Civil Engineer – Average Salary Is Aed 88,000
5. Electrical Engineer – Average Salary Is Aed 85,000
6. Mechanical Engineer – Average Salary Is Aed 79,300
7. Accountant – Average Salary Is Aed 60,900

Can I Own A House In Dubai? 

There are specific areas in Dubai called Freeholds, where foreigners are permitted to have ownership of housing properties or any such properties. Expatriates or Foreigners are able to acquire any kind of freehold property ownership rights. There won’t be any restriction, leasehold right, or usufruct rights for up to 99 years, over your property ownership.

And if you are underaged, then also there is no need to worry about property ownership as there is no age limit to own any property in Dubai.

 

How Much Money Do I Need To Be Rich In Dubai? 

Dubai is the home to more than about 52,000 millionaires, 2,430 multi-millionaires whose net worth averages from $10 million and more, and also 10 billionaires. So, by this estimate, you can clearly estimate the wealth that Dubai currently holds.

The total estimate of private wealth that is in Dubai is about $517 billion dollars. Among them, 35,000 high net worth persons are imagined to have migrated to Dubai sometime in the past 20 years.

 

What Is Dubai’s Economic Structure Like?

In April of 2022, it was reported that the United Arab Emirates will have economic growth of about 3.8% in 2021. And economic growth is expected to grow to 4.2% in 2022, as predicted by the Central Bank of the United Arab Emirates.

Being in a good place economically, Dubai is currently focusing on the next phase of its growth, to shift physical buildings to soft infrastructure, so as to further reduce any barriers to trading.

 

What Are The Things I Should Avoid In Dubai?

Being a conservative country, there are a few things that you should absolutely avoid doing in Dubai, where they are.

1. Don’t Use Your Left Hand to Greet People.
2. No Pda Is to Be Indulged
3. Inappropriate Dressing.
4. Don’t Use Slang Words in Public.
5. Don’t Take Photographs Without Any Proper Permission.
6. Don’t Carry All of Your Medications.
7. No Public Eating During Ramadan Month.
8. Making Rude Hand Gestures While Driving Should Be Avoided.

 

And here is a list of things that are illegal in Dubai and you should not indulge in at any cost. 

1. Importing goods such as pork or pornography into UAE is illegal.
2. Dubai has zero tolerance for any drugs or drug related incidents.
3. Alcohol consumption in public or being drunk in public
4. Cross dressing
5. Illegal for unmarried couples to stay together in a hotel room.
6. Any sort of dancing in the public is forbidden and even considered provocative.
7. Criticizing Islam or the ruling families there is also punishable by law.
8. Showing thumbs up is equal to showing the middle finger.
9. Showing the Ok sign is offensive.

 

10. Pointing your shoe sole towards an Arab is considered insulting.

 

Conclusion

Though it may seem like Dubai is a very costly place to live in, that is not true. Yes, Dubai is a wealthy country but that doesn’t mean everyone there is uber-wealthy, all sorts of people live there according to their income capabilities.

 

So, if you are thinking of going to Dubai with a starting salary of 5000 AED then go for it. The expenses and cost of living for you depend on you as well. The standard of living you choose to live will depend on whether your salary is enough to cover it or not.

 

Author bio:

Olivia Smith is a passionate blogger. She loves to share her thoughts, ideas, and experiences with the world through blogging. Olivia Smith is associated with EssayWritingGuides