MIDDLE EAST MARKET

The middle east real estate market is at present moment firmly focused in the United Arab Emirates, and specifically in Dubai and in Abu Dhabi as second growing player on the market.

DUBAI Life costs & REAL ESTATE Market 2022

DUBAI

  • Family of four estimated monthly costs are 3,296 € without rent (2022)
  • A single person estimated monthly costs are 945 € without rent.


 Rent Per Month
Apartment (1 bedroom) in City Centre | 1,712 € | 1,020-3,080
Apartment (1 bedroom) Outside of Centre | 944 € | 640-1,540
Apartment (3 bedrooms) in City Centre | 3,059 € | 2.000-4,600
Apartment (3 bedrooms) Outside of Centre | 1,890 € | 1,300-3,100

 Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre | 3,540 € | 2,050-6,000
Price per Square Meter to Buy Apartment Outside of Centre | 2,243 € | 1,500-6,300

 Salaries And Financing
Average Monthly Net Salary (After Tax) | 4,088 € | 
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.93 | 2.50-5.00