I know the boys in Dubai will moan n groan about life in EK. However , heres an interesting comparison between HK and Dubai and although you get less $$ in Dubai it really goes much further.
Tung Chung , a favourite town of the pilot community. Adjacent to the airport. I had a look at square foot magazine, and picked a fairly typical example
Price: HK$ 5.7 M
Rent: HK$ 15,500
Gross Area: 648 (sq.ft.)
Saleable Area: 492 (sq.ft.)
Bedrooms2
Bathrooms1
- See more at: http://www.squarefoot.com.hk/mobile/property/19987626#sthash.Fnsx4EuJ.dpuf
The is around 2.6 million AED.
So Looking at , say, Dubai marina , for HK$ 5.7 mil you can purchase
Bhomes.com lists:
2 Bedroom Apartment,
AED 2,300,000Dubai Marina
( HK$4.8mil)
Approx size1,825 sq.ft
Reference NoAP287314
Looks like a comfortable apartment. Unlike in HK.
Or ...
AED 2,490,000
2 Bedroom Apartment + Maids
Approx size1,950 sq.ft
The Waves Tower B
Location Dubai Marina
The stamp duty alone on the above HK apartment would be $1 million to a none permanent ID holder, which could buy you 50% of an apartment in Dubai Marina !!!
1 Bedroom Apartment
AED 1 Million
Marina Crown
Location Dubai Marina
Approx.size 750 sq.ft.
Ref No. AP236378
A standard contract pilot in KA gets 21000 hk$
month housing . This in the long term is not going to sustain any career. You cannot establish roots easily and therfore will never really settle.
And the fact that B scale pilots can claim upto nearly $HK100,000 rental allowance or HK$ 72000 for a mortgage will soon pi$$ you off !