Cost of Living in Dubai 2024

But did you also know that the cost of living and studying in Dubai is quite affordable compared to countries like the UK and the USA? Yes, you heard that right! Moreover, graduates enjoy a high return on investment, as their salaries are among the highest in the world.

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So, if you’re considering studying abroad or looking for a new place to call home, Dubai may be the perfect option. For those moving with family, the cost of living in Dubai for Indian family can add up, especially with housing being a significant expense. A single person might find their monthly expenses in Dubai manageable, but it’s always wise to plan. Comparing the costs, you might wonder, is Dubai expensive than India? The answer is yes, particularly in terms of rent and daily expenses.

Let’s consider what makes it an attractive destination for students and residents. 

Here are the blog highlights:

Why Choose Dubai?

Planning to move to Dubai? Understanding the cost of living in Dubai for Indian expats is crucial for a smooth transition. Dubai, known for its luxurious lifestyle, can be more expensive than living in India, but it also offers high standards of living and tax-free income. The average cost of living in Dubai varies depending on your lifestyle, but it’s essential to budget for housing, utilities, food, and transportation.

Dubai can be a fantastic destination for international students, offering a unique blend of academic excellence, cultural immersion, and exciting experiences. 

Here are some of the best features of choosing Dubai for your studies:

• Top-Ranked Universities: Dubai boasts several branch campuses of prestigious international universities and some of the best local universities. These universities allow you to earn a well-respected degree while abroad, and they often maintain the same high standards as their home campuses.
• Cosmopolitan Hub: Dubai is a melting pot of cultures with a large expat community. This provides a welcoming environment for international students, and you’ll have the opportunity to meet people worldwide.
• Lucrative Career Prospects: The United Arab Emirates has a booming economy, and Dubai is a major business centre. This translates to ample job opportunities for graduates, particularly in business, finance, tourism, and engineering. Studying in Dubai can give you a head start in your career.
• Safe and Secure: Dubai is renowned for its safety and low crime rate. This allows you to focus on your studies and enjoy your time in the city without worry.
• Luxurious Lifestyle: Dubai offers a lifestyle beyond academics. From world-class shopping malls and stunning beaches to exciting desert adventures and historical landmarks, there’s something for everyone. Explore the city’s many attractions and create lifelong memories.
• Part-time Work Opportunities: International students in Dubai can take on part-time jobs, which can help with living expenses and provide valuable work experience to enhance their resumes.

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• Cost of Living in Canada
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What is the Cost of Living in Dubai for International Students?

Dubai, synonymous with luxury and innovation, also boasts a well-developed infrastructure, making daily life convenient. Understanding the cost of living in a foreign country is very important, especially for international students on a tight budget. Let’s delve into the average costs associated with essential aspects of living in Dubai:

• Transportation: Navigate the city efficiently with a monthly pass averaging around AED 300 (INR  6800). Taxis are readily available, but consider these for occasional use as the cost per kilometre is approximately AED 5 (INR 115).
  
• Basic Utilities: The average cost of basic utilities like electricity, water, and garbage collection can vary depending on your consumption and residence size. However, a general estimate suggests a monthly budget of around AED 766 (USD 210) for these necessities.
  
• Mobile Phone Plans: Stay connected with friends and family back home with a mobile phone monthly plan. Depending on data allowance and call minutes, these typically range from AED 100 (USD 27) to AED 300 (USD 82).
  
• Internet Plans: Dubai offers high-speed internet connectivity. Monthly plans can range from AED 200 (UINR ) to AED 500 (USD 136), depending on your desired data speed and provider.
  
• Food Costs: The cost of food can vary significantly depending on your preferences. Eating out regularly can be expensive, with an average meal costing around AED 50 (INR 1150). However, grocery shopping and home-cooked meals can be more budget-friendly.
  
• Healthcare Costs: Healthcare in Dubai can be expensive. While public health facilities exist, many residents opt for private health insurance, which costs AED 500 (INR 11,500) monthly, depending on coverage.
  
• Rent: Dubai’s rental market caters to diverse budgets. As expected, prime locations like Downtown Dubai and Dubai Marina command premium rents, averaging AED 7,900 to 15,000 (INR 1.8L to 3.4L) monthly for a one-bedroom apartment. More affordable options exist in Deira and Bur Dubai, where similar accommodations are available for AED 6,000 (INR 13K) per month.
  

Student Accommodation:

While on-campus housing options might be limited in Dubai, some universities do offer dorms with rents ranging from AED 3,000 (INR 68K) to AED 5,000 (INR 1.1L) per month, depending on the room type and amenities provided.

Living Affordably in Dubai:

Remember, Dubai caters to various lifestyles. The cost of living in Dubai can be managed by choosing a more affordable neighbourhood, using public transportation, and adopting a budget-conscious approach to dining and entertainment.

Below is a table of monthly costs of living in Dubai that can help you plan your finances better. 

If you need further guidance and information on the cost of living in Dubai, download our app to get all your queries answered.

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Which are the Top 3 Universities In Dubai?

Dubai is home to some of the top local universities and some international branches, ranking 6 among the top 1000. In recent years, more than 164,000 Indian students have been enrolled in Dubai universities, and this number is increasing yearly.

International students’ annual tuition fees at Dubai Universities are INR 8L and INR 40L. 

The universities in Dubai offer a wide range of courses in various fields, including:

• Business
• Hospitality & Tourism
• Finance
• Engineering
• Management

Here is a table of the top 3 universities in Dubai, along with their average tuition fees:

Which are the Top 10 Courses To Study In Dubai?

In recent years, Dubai has witnessed a significant surge in Indian student enrollment, with over 164,000 students opting to pursue higher education in the emirate. This trend can be attributed, in part, to Dubai’s reputation for offering cost-competitive educational opportunities compared to traditional destinations like the United States and the United Kingdom.

Dubai’s universities have strategically aligned their course offerings with the emirate’s dynamic economy. Programs in Business and Architecture are trendy choices for Indian students. 

Dubai’s status as a global centre for commerce makes it an ideal location to study Business, and its reputation for innovation and architectural marvels extends to its academic offerings.
This focus on industry-relevant fields makes Dubai attractive for students seeking qualifications directly applicable to the job market.

Here is a list of the top 10 courses to study in Dubai, along with their tuition fees:

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Scholarships to Reduce Cost of Living in Dubai

International students pursuing higher education in Dubai can apply for various scholarships designed to mitigate the financial burden associated with living expenses. Various entities offer these scholarships, including the Dubai government, prestigious universities within the emirate, and private organisations committed to educational advancement. Some scholarship awards include tuition fees, accommodation, and other essential living expenses.

Given the competitive nature of scholarship opportunities, it is highly recommended that international students submit their applications well before deadlines and ensure the inclusion of all necessary documentation. Selection criteria for scholarships vary, with some prioritising academic excellence while others may emphasise financial need, nationality, or a combination of factors.

By actively pursuing scholarships, international students can significantly reduce their financial obligations, allowing them to dedicate their focus to academic pursuits and personal development throughout their educational journey in Dubai.

Here is the list of available scholarships for International students in Dubai:

How to Reduce the Cost of Living in Dubai? 

While Dubai offers a world-class educational experience, the cost of living can pose a challenge for Indian students. However, these costs can be mitigated through strategic planning and mindful financial management.

So, how much money required to live in Dubai comfortably? It largely depends on your lifestyle choices, but clearly understanding your needs and budgeting accordingly will help you enjoy everything Dubai offers without financial stress. Whether you’re a single professional or moving with a family, planning your finances is key to thriving in this vibrant city.

Here are some recommendations to lessen the cost of living in Dubai:

• Prioritise Self-Prepared Meals: Cooking meals at home rather than relying on frequent restaurant dining can lead to significant cost savings.
• Embrace Bulk Purchases and Value Seekers: Purchasing groceries in bulk quantities, whenever practical, and taking advantage of promotional offers can contribute to reduced grocery expenditures.
• Utilise Public Transportation Infrastructure: Leveraging Dubai’s efficient public transportation network offers a cost-effective alternative to taxis or private vehicle rentals.
• Capitalise on Student Discounts: Explore and utilise student discount programs for entertainment and travel opportunities to maximise affordability.
• Consider Shared Accommodations: Sharing living arrangements with other students presents a viable option to minimise rental expenses.
• Explore Part-time Work Opportunities: Securing part-time employment, subject to regulations, can provide a means to generate additional income.
• Maximise University Resources: To optimise value, use your university’s complementary resources, such as libraries and sports facilities.
• Exercise Financial Prudence: Avoid unnecessary expenditures on non-essential items such as luxury clothing or electronics.

By following these recommendations, Indian students can effectively navigate the cost of living in Dubai, ensuring a financially responsible and enriching educational experience.

What is the Cost of living in Dubai vs. India?

Moving to Dubai from India can significantly change culture, lifestyle, and cost of living. Dubai has a reputation for being an expensive country but has one of the highest salaries in the world. At the same time, India is known for its relatively affordable living costs. 

This difference is primarily due to various factors, such as currency exchange rates, average salaries, and the cost of goods and services. 

Understanding these variations can help you plan your finances better and make an informed decision before moving to Dubai.

Here is a table that compares the monthly cost of living in Dubai and India.

To Conclude 

Dubai’s dynamic academic environment and thriving student life present a compelling proposition for international students seeking a world-class education. While strategic financial planning is essential to navigating the cost of living in Dubai, it offers many benefits for those seeking an exceptional educational experience.

LeapScholar Dubai is dedicated to empowering international students throughout their educational journey. We provide comprehensive guidance and support services, encompassing everything from navigating the application process to securing visas.

And if you’re considering other options like the UK, USA and Australia, we’ve got you covered, too. Schedule a free consultation with our experts today for personalised guidance and advice.

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