Dubai Luxury Houses
With its extremely reasonable property prices, when
compared to other world-class cities, it's easy to see why real estate homes, and in particular luxury
real estate in Dubai, are so attractive.
Property Prices
As the above suggests, property prices in Dubai are
reasonable compared to similar cities elsewhere. However, any expatriate coming
to Dubai has to consider the general cost and convenience of living, not only
housing. How does Dubai compare?
Transportation - there is a wide range of transportation
available in Dubai, an important consideration when bearing in mind residential
areas and commercial areas tend to be separated. The fares for taxis and other
forms of public transportation are rising. For car owners, Dubai offers the
fifth cheapest petrol prices in the world.
Dining Out - this depends greatly on the preferences of
the individual. In general, food prices are considered relatively reasonable in
Dubai when compared to other similar cities. The Big Mac Index, popularly used
to compare costs across places, has Dubai 25% cheaper than London, for example.
The choice of food is second to none, catering for such a large number of
expats – as almost 90% of the population is from overseas.
Education - those with children will consider this an
important factor. Education costs in Dubai are considered relatively high,
particularly for the British and American international schools. So much so, in fact, some expats
send their children outside to be educated.
Communication - costs in this area are considered quite
expensive when compared to other similar cities.
Groceries - as one would expect in a place where most
foodstuffs are imported, groceries can be expensive. That said, there are a
wide selection of products to buy at a wide range of prices to suit every
budget.
Utilities - bearing in mind the high usage of electricity
in the hot months due to air-
conditioning, power bills can be quite high.
Clothing - despite its tax-free status, clothing and
footwear is expensive in Dubai when compared to other cities. As an example, a
pair of Levi 501's cost around $120.
Healthcare - insurance is a must-have item in Dubai, so
this needs to be factored in when facing annual insurance fees starting at
around $2,800, depending on age and gender.
Furniture - Dubai offers a full range of prices, as you'd
expect from such a city. There is a wide range of inexpensive items available,
and even second-hand items are available for short-term expats.
If you would like to enquire further about property in Dubai, please visit Zawaya
Tags: luxury real estate in Dubai, Dubai Luxury Houses, property
in Dubai
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