Home to people of nationalities from around the globe, Dubai has emerged to be one of the best lifestyle destinations. Lifestyle in Dubai is all-encompassing and beguiling. With a big number of amusement parks, malls and parks for everyone to enjoy, Dubai boasts some other luxurious amenities as well like theatre and the signature opera house.
But what is it really like to live a life in Dubai? We’ll find out more.
Tax Free Salary
UAE is a tax-free region. The monthly salary is not divided between the employee and the government before getting credited into the employee’s account. It may seem strange that the government of UAE is not inclined towards revenue collection through salary, but rather discrete means of revenue collection are implemented such as parking charges and annual car registration charges. However, some hotels, restaurants, and bars do charge tax, but it is considered to be an exception.
Health Care
A tax-free salary looks good on paper, but it has a certain downside as well. The government gives fewer facilities to the citizens. Though there are many private and government hospitals available in Dubai, since most of the cost has to be borne privately, medical insurance is a must. The medical cost greatly depends on factors like hospital and medical facility taken.
Child Education
There are government schools in UAE but only reserved for nationals. To settle in the UAE for good, there must be a good financial margin kept for child education. There are almost 150 private schools meant for Expatriates, which makes it a good range to choose from. Some educational institutes in the UAE opt for a curriculum based on a certain country, while others emphasize most on religious teachings.
Residence in Dubai
Buying and investing in property in the UAE is currently the most profitable investment considered these days. There are a lot of areas to choose from, such as Dubai Harbor, Downtown Dubai, Business Bay, and the man-made miracle, Jumeirah Lake Towers. There is a wide range of asking price depending on a variety of factors like area, space, view from the residence, etc. For example, Dubai Creek Harbour properties for sale ask an average of AED 1.4M for 1-Bedroom Apartment going all the way up to AED 6.8M for a 4-bedroom apartment. On the other hand, in Downtown Dubai, the average asking price for a single bedroom apartment is AED 1M.
