We continue to analyze the topic of expenses when moving to Dubai. In the previous article, we talked about the necessary documents and rental housing.
You will not be able to buy your own property in Dubai. In the emirate, it is forbidden to conduct transactions without intermediaries with a license. Registration of documents and transfer of ownership rights is carried out through the legal company or real estate agency. All realtors are supervised by the Real Estate Regulatory Agency (RERA) and the Dubai Land Department (DLD).
The main cost item when buying:
The market presents ready-made and off-plan real estate. The price of apartments:
The transaction can be carried out in a remote format. It is enough to issue and legalize the power of attorney on the representative. No need to spend money on flights and accommodation in Dubai for the duration of the transaction.
Important! Since 2020, in Dubai, it has been possible to conduct a purchase and sale transaction online, without coming to the emirate.
Once you have your legal documents in order and secured housing, it’s time to start arranging for comfortable accommodations.
Important! If you intend to bring along some luggage while traveling through Dubai’s international airports, please keep in mind that the maximum number of luggage pieces allowed is two, with a weight limit of 32 kg each. The charges associated with carrying additional luggage may vary from one airline to another, so it is recommended to verify the information on the carrier’s website to avoid any confusion.
Emirates ID – national identity card. The document is needed to feel comfortable in the UAE – get legal assistance, make a bank account, buy a car, and others.
Since 2023, Emirates ID serves as proof of permanent residence in the emirate, because the document is attached to a valid visa. The validity of the document depends on the duration of the visa.
Emirates ID can be obtained from the website of the Federal Authority for Identification, Citizenship, Customs, and Port Security (ICP). You need to download the ICP mobile application and register: enter passport data, e-mail, and expiry date of residence visa. After that, the program will generate a QR code, which will be the electronic version. While the plastic carrier is designed, you can use its electronic version.
At the beginning of 2023, the lowest cost of registration – through the ICP site – is AED 180 (USD 50) for an ID card for a year.
AED 180 (USD 50) Minimum cost for Emirates ID
Since 2014, a medical policy has been required for those living or entering the emirate. Emergency medical care is provided free, but additional medical services will be billed.
Thanks to the policy:
While you are in the emirate for the first 90 days you can use travel insurance. After you need to be sure to issue a local. But if you’re planning on staying alive, you better get on it right away.
Cost of travel insurance: AED 235 (USD 64).
You can choose a taxi, public transport or car rental. Activities and prices of public transport and taxis in the emirate are controlled by the RTA. On the official website, you can find all the current tariffs and news.
The cost of a taxi in 2023:
For example, a trip from Downtown Dubai to Dubai Marina will cost AED 55 (USD 15).
Public transport in Dubai is diverse: metro, bus, tram, and water taxi. There is even a monorail on the Palm Jumeirah. All modes of public transport pay with a single card – NOL. There are four – depending on the type of car and the number of trips. You can buy a card at metro stations, in the machines, and at stops.
Important! For a smart card to work, it should be at least AED 7.5 (USD 2).
The entire emirate is divided into zones. The cost of the trip will depend on the range and their number. The minimum from AED 3 (USD 0.82).
If you need maximum mobility, rent a car. Popular companies in Dubai: Hertz, Avis, NRC, Europcar, Budget, Thrifty.
Prices vary depending on class, lease term, age, etc. The car of the middle class will cost on a day AED 126 (USD 34), and the price of the gasoline brand E-Plus – is about AED 2.8 (USD 0.7) per liter.
Important! To get the rights you need to take a course at the local driving school. The minimum will have to pay about AED 5,000. (USD 1,400).
Dubai has many mobile apps for maximum comfort. They can be downloaded both in advance and locally.
Utilities, documents, health:
Navigation around the city:
As you can see, Dubai is not so difficult to move. It is enough to prepare a minimum set of documents, choose a comfortable option for the property, and make a financial stock of AED 30,000 (USD 8,200) per person. Then the move will be smooth, and Dubai will quickly become your home.