Living in Dubai on a REALISTIC Budget

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  • Опубліковано 25 гру 2024

КОМЕНТАРІ • 102

  • @tuomaskiv
    @tuomaskiv  8 місяців тому +4

    🇦🇪 Want to get set up in Dubai? Book a Free Consultation - www.genzoneconsulting.com/meetings/schedule-session/tk

    • @buntzi
      @buntzi 6 місяців тому +1

      Why do you have to pay extra for a gym membership? 90% of the buildings will have a gym ready available...

    • @tuomaskiv
      @tuomaskiv  5 місяців тому

      @@buntzi because the gym in my building is not big enough

    • @ricardomole6507
      @ricardomole6507 5 місяців тому

      Hello Tuomas, I am a facial surgeon, I passed the DHA exam and they are currently asking me for a license in Dubai, it is a process carried out by a company, I would like to know what places you recommend to be when I arrive, I intend to be a surgeon in Dubai, I hope there are opportunities

  • @RizosKonstantinos
    @RizosKonstantinos 8 місяців тому +21

    Love the videos where they show the expenses and the different lifestyles so you can have as much realistic idea as possible for your decisions. Keep it up Tuomas.

    • @tuomaskiv
      @tuomaskiv  8 місяців тому +3

      Glad you like them!

  • @HijrahSigma
    @HijrahSigma 8 місяців тому +30

    Can you make a video on networking, making friends, social life in Dubai? Please

  • @PrinceMC23
    @PrinceMC23 8 місяців тому +13

    Can you make a video on how banking works in dubai. How to create bank accounts, which banks to use, how to get loans etc etc

    • @tuomaskiv
      @tuomaskiv  8 місяців тому +3

      I am making one soon actually

    • @PrinceMC23
      @PrinceMC23 8 місяців тому

      Thank you! My plan is to come over there within the next few months to see if it’s a viable place for me to move within the next few years

    • @hispantrapmusic301
      @hispantrapmusic301 8 місяців тому

      @@PrinceMC23have you found a job or do you have an online business ?

  • @Stoicambition93
    @Stoicambition93 7 місяців тому +11

    That is a lot cheaper then I originally thought. I never even looked at how much the cost of living is in Dubai because I often see unrealistic lives being portrayed online but I’m glad I did some research.

  • @TIMEnayda
    @TIMEnayda 8 місяців тому

    Very helpful information Tuomas, thank you 🌟

  • @becomebillionaire
    @becomebillionaire 8 місяців тому +3

    Congrats on 10k I'm very happy to see you grow 🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴🪴

  • @swagswagswagswagswag
    @swagswagswagswagswag 6 місяців тому +5

    a video about the walkable areas of dubai / where you can live without owning a car would be cool

  • @WesD85
    @WesD85 23 дні тому

    Very good, and concise information 👍🏼

  • @Robmac90
    @Robmac90 8 місяців тому +2

    Great information, be good to understand average utility costs; electric/gas/ water/air-con etc thanks

    • @FA6682
      @FA6682 8 місяців тому

      I just got back from Dubai and asked the same questions. Your electric and gas will be similar to UK because of the air con system but there are no other additional costs such as council tax or road tax etc, only 5 dirhams per sqm of your property for maintaining the facilities in your housing complex and if it’s an apartment the costs is a bit higher - this is if you own the property, if renting then the landlord pays

  • @jebeno321
    @jebeno321 8 місяців тому

    Love this video, thanks so much!

  • @mustaphaItani
    @mustaphaItani 8 місяців тому

    Super informative. Thank you

  • @Arathreas
    @Arathreas 2 місяці тому

    If you want a budget lifestyle I recommend Deira. It's way cheaper than any city in western Europe.

  • @valerieye351
    @valerieye351 8 місяців тому

    Hi bro, are you still in Dubai now?
    Will you come to BrokersView Expo next week?
    It will be held on the 4th floor, Conrad Dubai, April 16-17, 2024

  • @jonip6494
    @jonip6494 7 місяців тому

    Hi from Finland! Really good video!

  • @hv6411
    @hv6411 8 місяців тому

    Awesome🤩

  • @deanal-jackson4593
    @deanal-jackson4593 8 місяців тому +54

    This is why i laugh when people say dubai is expensive.. nah you just don't know how to compromise

    • @tuomaskiv
      @tuomaskiv  8 місяців тому +6

      exactly!!

    • @akibhussain4858
      @akibhussain4858 4 місяці тому

      Ok bro if dubai is not expensive take a room in burj khalifa

    • @duckman03
      @duckman03 4 місяці тому +14

      @@akibhussain4858as he said, you don’t know how to compromise. Not all of dubai is expensive.

    • @protonracer123
      @protonracer123 4 місяці тому

      @@akibhussain4858probably the most low IQ comment I’ve ever read, learn what compromise means you braindead 🤡

    • @Teerifficgolf
      @Teerifficgolf 6 днів тому

      Yes yes yes

  • @GerardVazquez_
    @GerardVazquez_ 4 місяці тому +1

    Which health insurance do you have? Which company?

  • @MikaElf
    @MikaElf 8 місяців тому +1

    Mielenkiintoinen video Dubain hintatasosta. Onko sulla tietoa/arviota, että kuinka paljon siellä asuu suomalaisia? Kryptoalan ihmisiä sinne on muuttanut aika paljon viimeisten vuosien aikana ympäri maailmaa.

    • @tuomaskiv
      @tuomaskiv  8 місяців тому

      En osaa sanoa, ei ole tullut vastaan mutta varmasti on myos Suomalaisia

    • @bardic4941
      @bardic4941 8 місяців тому

      What language is this ( not to be rude just asking) 😊

    • @MikaElf
      @MikaElf 8 місяців тому

      @@bardic4941 Finnish. Maybe not so well known for most of the people. 😉

  • @mexicounexplained
    @mexicounexplained 8 місяців тому

    For the more budget conscious, what do you think about living in one of the other emirates, such as Sharjah or Abu Dhabi? Beyond the same tax advantages, can I enjoy the "Dubai lifestyle" in those places? Does it make practical sense to commute from other emirates to Dubai? Thanks for your insights.

    • @tuomaskiv
      @tuomaskiv  8 місяців тому

      Many people commute yes, Abu Dhabi is similar price to Dubai but other Emirates are much cheaper. Less flashy than Dubai.

    • @mexicounexplained
      @mexicounexplained 8 місяців тому

      @@tuomaskiv Thank you very much for the response. Much appreciated. Gracias!

    • @FA6682
      @FA6682 8 місяців тому +1

      Sharjah is also commutable to Dubai but Abu Dhabi isn’t on a daily basis

  • @DoctorRalphBugelmein
    @DoctorRalphBugelmein Місяць тому

    I think for me personally, the slightly higher cost of living is worth it for the security you get being in the country. Low crime rates etc

  • @Englishstories27
    @Englishstories27 8 місяців тому

    The thing is when you compare the cost of living of Dubai with the western big cities it would be a good idea to compare the salaries as well. I don't if I am the poorest person but I find expensive.

    • @oussamaalaoui9121
      @oussamaalaoui9121 5 місяців тому

      If you are poor you will find food cheaper in dubai than Europe
      But you will be homless in both cases 😅

  • @HarryPotter-fl7nq
    @HarryPotter-fl7nq 8 місяців тому

    Thanks 😊, I have a question can i renovate the apartment as my own style like wall, toilet, etc., after rent and buy a full apartment with full payment 🙂

  • @DETTMARMagnus
    @DETTMARMagnus 8 місяців тому

    Hey buddy! Love your videos! I would love to make a video with you. In living in Dubai Marina. How do I get in contact with you?

  • @user12ek5
    @user12ek5 2 місяці тому

    There 2 things in live you can't escape. One of them is taxes). Most of the countries apply Citizenship based taxation system for the most people moving to Dubai doesn't do any savings on taxes as they pay same taxes as if thy were working in the home country.

    • @tuomaskiv
      @tuomaskiv  2 місяці тому

      There is exactly one country in the world that applies citizenship-based taxation

  • @Neilharry
    @Neilharry 7 місяців тому

    What was that gym name you mentioned? 7:24

  • @Marc-gregory
    @Marc-gregory 2 місяці тому

    How are the local bank accounts? Easy to open for expats?

    • @tuomaskiv
      @tuomaskiv  2 місяці тому

      yes very easy after you have your Emirates ID

  • @simon4581
    @simon4581 5 місяців тому +2

    In California Bay area, a Mcdonald big mac combo costs you $14 now. The cheapest one bedroom apartment here is about $3000 a month. So basically Dubai a city built in desert is actually cheaper than a city with ample resources like San Francisco. How do you make sense of that?

  • @requestingaflyby9229
    @requestingaflyby9229 8 місяців тому

    Awesome video Tuomas! Since Dubai has no income tax, if you want to borrow money from a bank how do they test your income without a personal tax return?

    • @tuomaskiv
      @tuomaskiv  8 місяців тому

      They ask bank statements for 6 months to 2 years

    • @FA6682
      @FA6682 8 місяців тому

      I thought you also have to submit documents to the municipality yearly even thought there’s no tax to pay?

    • @requestingaflyby9229
      @requestingaflyby9229 8 місяців тому

      @@FA6682 I wasn't aware of that, thanks I will look into it

  • @zakijamil8986
    @zakijamil8986 8 місяців тому +1

    if you set up in dubai and get the 0 tax cant you just go live in a cheaper emirate like ras al Khaimah or you have to stay in dubai?

    • @tuomaskiv
      @tuomaskiv  8 місяців тому +1

      Yep, you can (the set up for 0% tax is the same for all the Emirates in the UAE, not just Dubai)

    • @dropshipincanada
      @dropshipincanada 8 місяців тому

      Dubai changed now they implemented a 9% tax for corporations which most people will need.

    • @Mysteryboy0007
      @Mysteryboy0007 14 днів тому

      @@dropshipincanada just corporations or for persona businesses as well?

  • @Esplorando.napoli
    @Esplorando.napoli 3 місяці тому

    What do you think about Sharja?

  • @Zomoa.amsterdam
    @Zomoa.amsterdam 14 днів тому

    1. How long have you been living in Dubai?
    2. What do you do in the hot months May-October?

    • @tuomaskiv
      @tuomaskiv  14 днів тому

      2 years, I go to Asia in summer

  • @xsykedelix3766
    @xsykedelix3766 7 місяців тому +1

    game with a friend in dubai. his expenses are cheaper then mine and i live in a shit town in canada

  • @ninaphilippe
    @ninaphilippe Місяць тому

    1 comment.. 1000 AED/Year for healthcare does not cover anything at all.
    This is mostly a Visa Insurance... You can anticipate something closer to 5000 AED per year to get something decent, and above 10 000 AED per head to start getting something reasonable to cover a random person at good hospitals.

  • @trev-brown
    @trev-brown Місяць тому

    Business owner in Australia here - I’m interested- thanks

  • @SrNutritivo
    @SrNutritivo 5 місяців тому

    It's 54k AED month appropiate for a family with 2 children?

  • @ayoubmalla843
    @ayoubmalla843 8 місяців тому +4

    2000 usd is expensive rent which is 1500 gbp and even in the UK that’s expensive for most people. And if 2000usd is on the cheap side then that’s a bit worrying. Even for someone that makes 6 figures from a 9-5 is expensive. Spending that much on rent can’t be justified in my opinion unless if you make 10k a month minimum after taxes. I don’t know if everyone is just single but if you have kids and a wife 2000 usd is very expensive.

    • @dropshipincanada
      @dropshipincanada 8 місяців тому +3

      I thought 2k was the norm especially in Canada

    • @ayoubmalla843
      @ayoubmalla843 8 місяців тому +2

      @@dropshipincanada maybe it is. We live in a 4 bedroom house and the rent is 1450 pounds per month, that’s excluding water gas and electricity bills. With those bills we get up to about 1800 pounds. Bear in mind I have 4 kids that are hungry and a wife that all expenses are paid because she doesn’t work and that’s because I don’t want her to work. And then you have got petrol clothes and food which comes up to about another 2k a month so that alone is about 4k a month for 6 people. Whilst this guy in Dubai is spending almost the same on himself. Is that normal ?

    • @tuomaskiv
      @tuomaskiv  8 місяців тому +4

      In London you would pay way way more for the same thing.
      Agreed, if you make less than 10k/mo, you probably should not spend what I spend.
      If you watched the video you would have seen me show that there are many areas where you get much less than 2k.

    • @ayoubmalla843
      @ayoubmalla843 8 місяців тому

      @@tuomaskiv the taxes in UK are absolutely absurd, if it wasn’t of taxes I would be on 10k+ per month but paying almost 50% tax is crazy. Do you know what they pay in Dubai for senior software engineers?

    • @Winner01562
      @Winner01562 8 місяців тому

      @@ayoubmalla843 my friend in the USA you can makes 250k and up a year doing that sometimes more you should look to usa

  • @rajatchopra1411
    @rajatchopra1411 6 місяців тому

    Hey man, im soon joining emirates as a cabin crew, so can you make a video related to that?

    • @tuomaskiv
      @tuomaskiv  6 місяців тому

      I am not quite qualified to talk about being cabin crew at Emirates😂

  • @guruprasad1693
    @guruprasad1693 4 місяці тому +4

    I couldn't help but notice that you haven't mentioned areas such as Deira, Karama, Al Qusais, Bur Dubai etc (basically the areas east of the creek, called "Old Dubai"), where the rents for 2BHK apartments are sometimes cheaper than the 1BHK prices in the areas that you mentioned. The areas you mentioned have lesser expat population than the ones I just typed above 😅. They in fact have much better public transportation than anywhere in areas like Jumeirah or Downtown. Literally everything is cheaper in "Old Dubai".
    If you're a person that is planning to move to Dubai for pursuing your own business or are coming to pursue a new job, then I would highly suggest that you live in the areas east of the Creek until you're financially stable, and then you can move to whichever area you like.
    I agree 100% with you on the fact that you can curate your lifestyle to live according to your income and budget in DXB. I don't spend anywhere near 10K/mo and I am definitely living a comfortable life.

    • @sayaa1600
      @sayaa1600 3 місяці тому

      Hi, thats really interesting. Most people want to live in the glitzy areas but old dubai is def a vibe and more hustle and bustle. Im assuming a lot of the 'labourer' expats from South asia live there, so has more Community feel and generally its considered poorer but any other negatives?

    • @guruprasad1693
      @guruprasad1693 2 місяці тому +1

      @@sayaa1600 It's not poor per se. But yes, these areas do have a lot of people from South and Southeast Asia (but so do all the areas in Dubai).
      What's the negative in having cheaper rents, cheaper groceries and better public transportation? These are literally the best areas to save money here in Dubai.

    • @sayaa1600
      @sayaa1600 2 місяці тому

      @@guruprasad1693 thanks for your reply,, can i ask what sort of income would be needed if staying in this sort of area comfortably? Most sites say 5000+ AED monthly as a minimum

  • @TMGPRODUCTIONS773
    @TMGPRODUCTIONS773 3 місяці тому

    bro whats on those eggs????

  • @Mysteryboy0007
    @Mysteryboy0007 14 днів тому

    Why not just live in Florida it has 0 income tax too??

    • @tuomaskiv
      @tuomaskiv  14 днів тому

      You dumb?

    • @Mysteryboy0007
      @Mysteryboy0007 14 днів тому

      @tuomaskiv no need for personal attack if you can't answer the question Mr salty pants

    • @tuomaskiv
      @tuomaskiv  13 днів тому

      If you live in Florida you have to pay up to 37% US federal income tax.

    • @Mysteryboy0007
      @Mysteryboy0007 13 днів тому

      @@tuomaskiv ahh thanks for the answer bro. I just started doing tax this year just made my first 100k in sales. been considering living over seas or move to Florida. this helps.

  • @yvr3599
    @yvr3599 6 місяців тому

    Can you finD something in 3500?

  • @Rijneke1981
    @Rijneke1981 8 місяців тому +2

    For the local Emiratis, life is almost free. Free education, free healthcare. Retirement at 49 years. They are even allocated a piece of land to build a house.
    This is fully paid for by the Dubai government. Many large companies such as Emirates airlines, exclusive hotels and restaurants are fully or partly owned by the government there. So Dubai is actually very Socialist. Did right-wing people know this?

  • @MANCO513
    @MANCO513 8 місяців тому

    I think that lamborghini footages is a bit old now, we need a new one

  • @ghayath2011
    @ghayath2011 4 місяці тому +3

    STOP saying it is Zero income tax. They make it up instead with endless random fees and charges for foreigners it is insane.
    I lived in Dubai for 2 years and absolutely hated it.
    It's true that not everything that glitters is gold

    • @gogglesXL
      @gogglesXL 4 місяці тому +1

      What fees are you referring to that would trump a 0% income tax? I live in Dubai and have never experienced any fees that are specific to me as a foreigner.

    • @gogglesXL
      @gogglesXL Місяць тому

      @@nickjames5366 you mean DEWA? An electricity/water bill is not a tax and it's not exclusive to foreigners

    • @gogglesXL
      @gogglesXL Місяць тому

      @@nickjames5366 if that is true then that would be classified as a benefit. Most countries don't cover your electricity/ water so I don't know why that's such a problem.

  • @ehsankhorasani_
    @ehsankhorasani_ 6 місяців тому

    you can find a great studio in JVC for 1500$ a month, not sure what this guy is actually saying

  • @chrisnelson7769
    @chrisnelson7769 Місяць тому

    You’re American mate - come to Australia and try the same - you’ll fail. he is Australian - Aussie have different buying behaviours than Americans. There is no Aussie I know who has made millions from online selling ..

  • @Morocco567
    @Morocco567 2 дні тому

    👍

  • @KK-ce9ep
    @KK-ce9ep 8 місяців тому

    What about Sharjah if you have any experience please share