Originally Posted by
bluelearjetdriver
No one seems to cover actual living costs, so, here goes:
- 2 Bed apartment on Reem Island - Approx. AED 8,800-00 per month
- Utilities (A/C, water and electricity) - Approx. AED 1,000-00 per month (in the summer)
- Internet - AED400-00 per month
- Mobile phone - AED200-00 per month
- Groceries - AED4,500 approx. per month (4 person family)
- Booze - AED500 per month
- Eating out - AED1,200-00 per month (4 persons each time)
- Schools - AED7,500-00 per month (for 2 kids over grade 6. This can vary wildly. Based on the Canadian International School, and you will have a woke'ster in your family...)
- Cars - You can lease one for approx. AED1,600 per month (inclusive of insurance and maintenance). Bigger car = Bigger money honey
- Fuel - currently AED3-67 per liter
A couple of things to bare in mind:
1) Rent usually has to be paid in 1, 2 or 4 cheques (correct, they still use cheques here!!!!!)
2) Schools fees are paid per term
3) I haven't included sundry expenses
4) I have not included medical insurance, as the company covers it.
very accurate and spot on.
the sad thing is your are depending on miles flown and landings to see how much you will have at the end. And this is highly unpredictable.
Would interesting to see a actual roaster in regards to the flexibel numbers.
another thing to bare in mind
rents are only 1 year - which means, as the rent is not indexed like in Dubai, landlord can increase the rent as seems appropriate to them. In other words you cannot be sure that a rent of 8,8kAed this year will hold up next year. Once market recovers prices can and will go up, which means that in the worst case you swap apartments yearly if you can’t afford to go with the price hike.
With swapping apartments there comes also security deposit (which will be returned) and broker fee each time.