Balancing the Budget: Cost of Living in Dubai vs Major Cities in the UK
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If you are looking to move to Dubai for work or any other reason, understanding the living expenses is essential. When compared to most leading cities in the world, including those in the UK, Dubai has a lot to offer.
Read on to learn more about how Dubai fares in the?Dubai cost of living vs the UK equation.?
A Breakdown of Living Expenses Dubai vs UK?
To determine?Dubai cost of living vs UK, it’s important to understand different aspects of living in this city.?
Dubai vs UK – Housing Costs?
The housing expense is a primary factor that determines the overall cost of living in a specific city. After all, housing is a basic necessity. Dubai is one of the major global cities and comes with a natural expectation of high-priced housing. However, its skyline-dominating skyscrapers and breathtaking seafront properties are relatively affordable when compared to the UK.
If you want to live in style without hurting your bank balance, then Dubai is a worthy competitor. For instance, the real estate prices of an apartment in Dubai are around AED 19,400, while the same in any of the UK’s leading cities can set you back by AED 64,000.?
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Dubai vs UK – Rental Prices?
Dubai’s real estate market offers renters something other than just buying a house. When relocating, especially aboard, this is quite a dilemma for expats. When it comes to Dubai, the rental costs are lower than in the UK.
For instance, an average one-bedroom apartment in Dubai’s city centre can be rented at around AED 7,850 per month. While this cost is almost 25% higher in the UK. Since renting offers the freedom to choose and experience a new place before putting your roots down, Dubai is a leading contender.?
Dubai vs UK – Daily expenses?
To fully understand the answer to which city to choose in the?Dubai cost of living vs?UK question, consider the day-to-day expenses. Utility bills might not seem like much, but they add up to a considerable monthly expense when put together. To ensure you don’t overspend or live beyond your means while shifting to a new city, it’s important to have a rough idea of how much things cost. In Dubai, basic utilities such as heating, water, and electricity for a small apartment cost around AED 760, while it costs twice as much in the UK.?
Dubai is well-known for its global food scene, nightlife, and various entertainment options. Overall, Dubai not only has a lot to offer but also has lower costs than the UK. From budget-friendly dining-out options to leisure activities such as golf and gym memberships, Dubai is cheaper.?
Dubai vs UK – Transportation Costs?
Whether in London or Dubai, in any city with a high standard of living, the daily commute plays a major role and takes up a significant portion of the monthly budget analysis. Dubai’s massive oil reserves are a primary reason for cheaper transportation. For instance, fuel costs a fraction of what it does in London.?