Hey what's up welcome back to another video on my channel
This video is going to be about the cost of living in Dubai and it's a continuation to
the first video I made. So if you haven't seen that video go ahead and go check it out before watching this one
So those of you who left feedback and asked additional questions about the cost of living
I appreciate it. So in this video I'm going to try and talk about those things and provide you a little
more information and hopefully help you make a more informed decision if you're thinking
about moving over here to Dubai. In regards to living here there's several calculators on the internet that you can use
and it'll help you get a rough idea of what the cost of living is
Such as what's the cost of a gallon of milk, what's the cost of a packet of meat and so
on, the cost of transportation, clothing and everything. Now mind you these calculators aren't always 100% accurate
Sometimes they're way off the mark and completely unrealistic but it does give you an idea of
what something's cost here in Dubai. So that way you can do a slight comparison and it's based on where you're coming from
So for example if you're coming from Frankfurt Germany you can compare the cost of living
in Frankfurt to the cost of living here in Dubai. So there's this website and it's called Atlas & Boots and there's many other websites and
they're ranked the most expensive cities in the world. So according to this website Dubai is ranked the 23rd most expensive city in the world
for expats. But if you're coming from places like London, Moscow, Tokyo, New York, Ashgabat, San Francisco
then moving to Dubai your cost of living is going to go down. Ideally you want to save as much as possible
My opinion is it's a horrible feeling. If you have nice stuff but you don't have money saved or money invested
I also feel like the money you have saved and invested that's awesome, that's freedom
So what's the point of having a nice car, a super nice place, nice clothes if you can't
go and take time off if you want to or have a nicer experience
So in this video that's my goal to help you consider some of those things
But if your goal is to have nice stuff then Dubai there's so many malls
I think more malls per capita than anywhere else I've been in the world
So there's plenty of stuff to buy and also there's a lot of experiences to be had
So hopefully the goal of this video is to give you some ideas where you can cut costs
on things that don't matter to you and spend it where it does matter to you or invest your
money where it does matter to you. Now if you are interested in living below your means here are a few tips that I recommend
And that's one, don't buy a car. You can use public transportation, you can use the metro, you can use the bus, taxis borrowingly
The cost of taxis going round trips can add up depending on how far you go but definitely
the bus and metro can get you to most places unless you live on the outskirts of Dubai
Another way that you can save money is cook your own food. If you eat out a lot that will add up especially in some of the hot spots or some of the fancier restaurants
But if you're not a person who has the ability to cook then you can use apps, some of these
apps, delivery apps and they have promo codes every once in a while or if you can afford
the entertainer then you can get the entertainer and the entertainer has these bills all over
the place where you buy one meal and you get another meal free
So it's two meals for the price of one which is an amazing deal
Another thing to consider is that Dubai is an Atlantic Union so one of the most common
things is that people like to pay for other people to help them clean their place
But you can save money if you live high defense. You know sweep, dust, mop, grease your bathroom and yeah you can save money there
So as I was saying earlier ultimately you want to live below your means
Cut costs where it doesn't matter and spend where it does matter or invest where it does matter
Additionally the work package that you get, employment package that you get can also help
you with costs. So one of the things, it's not as common now but it's a housing allowance
I think you'd be crazy if you get a housing allowance and you're able to keep the difference
and you choose to live at you know the level of the housing allowance or above it
So let's say they give you you know 15,000 dirhams a month for a place to live and you
say okay well they're giving you 15,000 I'm going to you know spend an additional 5,000
and you get you know a place where you're spending 20,000 dirhams a month
The smartest thing to do would be to live below that 15,000 dirhams a month allowance
that you're getting and pocket the rest. Another thing to consider is that some companies will give you a right benefit
So they'll reimburse you for your flight home so you get an annual flight benefit
So let's say you don't want to go home then you can use that to travel somewhere else
It can be used for annual vacation. So that's something less that's coming out of your pocket
Minus the you know cost of you know hotel lodging and food you know you get a ticket
to go somewhere. Additionally depending on the company you work for there's company perks and discounts
So for example you can get the Fuzzer card or if you're an Emirates employee, Emirates
employees get an amazing discount. And then also depending on the company you work for maybe you'll get a discount on products
and services that your company offers. So again that's just a way that you can save the money that you're spending and use it
towards things that actually matter towards you. Now there's you know so many things that you know I can talk about on a cost of living
but that varies on you know what your income level is like, what your lifestyle is like
and it's hard to put a number to that. But you know my overall goal is just to give you you know some tips to get you started
and things to think about. So my previous video about working in Dubai I made a statement that you shouldn't sell
yourself short to come here. That's very true. You don't want to come out here and be struggling
So you know if you're finding that you're not getting the salary packages that you're
looking for then there's nothing wrong with staying where you're at and working on your
career and building yourself up. When the time's right come out here
Dubai is growing so it's already grown to be here. When the time's right for you and you can live the lifestyle that you want then make
that top. But even then that doesn't mean that you should live above your means
You know continue to consider how you can cut your costs and focus on spending and investing
your money on things that matter to you. Now if this video was helpful to you please go ahead and hit that like button, share it
with someone who needs to see this and if you have any questions or comments or feedback
go ahead and leave them for me. I really appreciate it