Dubai has a reputation as a city for very rich people. In general, Dubai is indeed one of the most expensive cities in the world, but it is not the first on this list. Mercer ranks Dubai as the 31st most expensive place for expats, behind European capitals such as London, Vienna and Copenhagen and major cities in America and Asia.
Still, the area attracts thousands of foreigners who are eager to move to Dubai, especially via buying property in Akoya Oxygen in 2022.
According to the service Numbeo, one person spends 3,487 dirhams a month ($949) in Dubai, not including rent. In this article, we’ll tell you what the cost of living in Dubai is made up of and discuss one of the calmest areas to live and enjoy.
Life for expats and locals in Dubai
Foreigners make up more than 80% of the population of Dubai, and in this city it is easy to live without knowing a word of Arabic. The state actively attracts foreign workers, so it’s not hard to get a working residence permit or open your own company in Dubai.
The standard of living in Dubai is quite high: the constant investment of the emirate authorities in the construction of a comfortable infrastructure: the construction of new districts and roads, the development of cultural life, landscaping of the desert areas contribute to this. The average life expectancy in the UAE as of 2022 is 78 years, and every year this figure is increasing.
Domestic policy in Dubai is relatively liberal compared to other regions of the Middle East. In Dubai, foreigners can drink and buy alcohol or cohabit before marriage, but it is forbidden to have a child out of wedlock or express their feelings in public.
The cost of groceries in Dubai
In Dubai supermarkets grocery shopping will be cheaper than in London, Berlin or New York. Below we give an approximate cost of groceries in Dubai:
|A bottle of milk||AED 6,49|
|A loaf of bread||AED 5,5|
|Fruits and vegetables||AED 7-8|
Expenses on public transport in Dubai
Residents of Dubai can use the subway, streetcars, buses, water transport – all of the mentioned types of public transport are equally convenient and fast. One trip on public transport on the card costs from 3 to 15 dirhams ($ 0.8-4), depending on the length of the trip and whether you are a resident or the owner of a “golden” vip-card.
Most Dubai residents, however, travel by car or cab. A liter of gasoline costs on average 3.2-3.4 dirhams ($0.8-0.9). Such a low price for gasoline allows residents to live in the most secluded places and travel everywhere they want without any inconveniences.
Real estate in Akoya Oxygen as the secluded place for living
Akoya Oxygen is a quiet area located far away from the hustle and bustle of Dubai that never sleeps. It is a perfect neighborhood for residents with families and those who prefer fresh air and lavish greenery around. Akoya Oxygen is now in high demand among foreign buyers as it combines well-developed infrastructure and pristine nature. Besides, the prices on real estate in Akoya Oxygen in 2022 are surprisingly low, yet the famous developers Damac Properties offer stylish houses, villas, townhouses, penthouses, and land plots.
Although the neighborhood has a lot of places for recreation, the cost of living here is absolutely affordable. The overall high quality of life and inflated prices are the norm to the city. It means that the expenses usually do not overcome the income of the area residents.
Property for sale in Akoya Oxygen
The property in Akoya Oxygen is represented by several residential complexes. Let`s have a look at what they offer:
- Just Cavalli Villas – 3-bedroom villas priced from AED 1,350,000
- Sahara Villas – 3 and 4 bedroom villas priced from AED 1,666,000
- Aknan Villas – 3-bedroom villas, priced from AED 1,100,000
- Bait Al Aseel Villas – 3 bedroom villas priced from AED 1,290,000
- Hajar 2 Stone Villas – 3 & 4 bedroom villas from AED 1,137,000
- Avencia 2 Villas – 3 and 4 bedroom villas priced from AED 1,100,000
- Akoya Genus Villas – 5-bedroom villas with a price tag from AED 1,450,000
- Biela Villas – 3 and 4 bedroom villas priced from AED 1,100,000.
Real estate agency for help and advice
Ax Capital is a reputable trusted agency with extensive experience. The agency has been working for many years already delivering the best housing options for its clients. It aims at making the clients` dreams come true as fast as possible and without any obstacles. No need to worry about the details of the deal, in-depth consultation will put things in perspective.