How Much Is Too Much.

Topic locked
  • Reply
Aug 16, 2007
I think if your spouse works, it would be a great help. Also, can you tell us which company it is, big companies usually pay for health insurance and schooling.

Any other benefits that your salary? (bonus for example?)

hamadl
Dubai Forums Talker
User avatar
Posts: 192
Location: Dubai

  • Reply
Thanks guys it has been helpful. Aug 16, 2007
But I must say I arrived in Dubai in April for a week and I was actually comfortable with the place.

I had 3 Interviews with Arenco, Cassia and Burt hill pritty good firms and I had no offers. It seems the packages you hear about do not exist at all any more.

I think to move to another country a relocation package is the key...this would need to include private health, schooling (assistance), and rental assistance. (atleast).

Which leads me to my next question what could I make in 2-3 years with Dubai experience??? This might be the key. That I would probibly be better of in Duabi for the next 3 years???.

What is more important in this case the money or the experience??

The company that has this offer is a large firm. I will consider the contract carefully and push for the right elements. 360 000 DHRS Is only a good offer if the rent is on a monthly bases...like the cash flow. Think about it if I am to move and pay 30K upfront before I have began I am out of pocket. Can this payment be made monthly I mean this needs to work for me to be comfortable. Does anyone have rent payed monthly for a unit or villa....please let me know of your experience in this area aswell.

cosmic
cosmicbaby
Dubai Expat Wannabe
Posts: 8
Location: AUSTRALIA

  • Reply
Aug 16, 2007
I totally agree with deedee. 100000 dhms a little low for rental. Coming from a family with 2 children, I would definently negotiate some rent aswell as relocation allowance. It can cost a bit to set a family up here and just as much to ship your things over! Schooling will cost and so I would also factor this in. Yes at the end of the day its tax free, cost of living is similar to oz however there are extra costs involved with children ie after school activities etc and you dont want them to hate being here if they cant afford to enjoy themselves! also you may also be needing 2 cars?? this is more expense. I really dont think you will save that much if you have to pay all these expenses out of your salary. :(
Xander
Dubai Forums Member
Posts: 37

  • Reply
Aug 17, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

  • Reply
Aug 17, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

  • Reply
Aug 17, 2007
M! wrote:
^ian^ wrote:
M! wrote:me again its a rip off not more......... :evil: even for a single person not acceptable :!:


Given that 120k aus is 360,000 dirhams which is 30k a month... which is more than 95% of the population here earns... I think you might be wrong.


I wont ever work for that money in Dobuy, its less i got at home (AFTER taxes and duties which was around 47% in total), so were is the benefit for me to waste my time in Dobuy?
Tell me :!:


We sure as hell aren't talking about you in this thread.
gtmash
Dubai forums GURU
User avatar
Posts: 2283
Location: Dubai

  • Reply
Aug 17, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

  • Reply
Aug 18, 2007
M! wrote:I wont ever work for that money in Dobuy, its less i got at home (AFTER taxes and duties which was around 47% in total), so were is the benefit for me to waste my time in Dobuy?
Tell me :!:

So why are you here then?
PS: there's no such thing called "Dobuy".
xty
Dubai Forums Veteran
User avatar
Posts: 1144
Location: anywhere but Dubai

  • Reply
Aug 18, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

  • Reply
Aug 20, 2007
cosmicbaby, it's not a bad offer by local standards, but you'll definitely need your spouse to be earning as well.

The suggestion that you'll be paying around AED100K in rent is way off-beam. Assuming you want three bedrooms for a family your size, you'll be paying AED135-150K out in Mirdif or Warqaa, around AED170-180K in the Springs (or up to as much as 250K if you want to live in Jumeira or Umm Suqeim). Plus 5% agent's fee and 5% deposit, so call it a minimum of 150K and possibly a fair bit more more.

Then education for your kids, I'm not too clear on the costs of primary education, but I guess around 25K each, so a total of 50K.

Car - depends what you want to drive, but let's go with the suggestion above of repayments of around 25K a year for one car - and you may need two.

DEWA (utilities) - deposit of AED2K and then on average 1.2-1.5K a month for a villa (more in summer, less in winter). So say 15-20K a year.

Even going by the lowest end of the figures above, you're only left with AED9K (about AUD3K) a month for living expenses, which will be very tight for a family of four and certainly won't allow you to save. If your rent costs a bit more, or you need two cars, you could be really screwed without a second income.

Also don't forget that there are a lot of costs involved in setting up here - just household things like curtains, enough furniture to get by on until your crate arrives and so on. Are they offering you any kind of relocation costs? If I were you I would insist that they pay to ship your crate and angle for another AUD10K/AED30K or so for setting up costs.

Bear in mind when reading the comments above that people who've been here a while have the advantage of being locked into lower rents, which makes a huge difference to disposable income. Rents have increased phenomenally over the past couple of years - even just in the past few months.

By way of comparison, I just arrived a couple of months ago, I'm earning in the same general range as what you've been offered (including allowances etc), and my wife is working full-time as well. We have one nursery-aged child. There's no way that we could afford to get by on my salary alone, and we're certainly no better off than we were in the UK.
jayzed
Dubai Forums Enthusiast
Posts: 74

  • Reply
Aug 20, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

  • Reply
Aug 20, 2007
At least I figure one thing out of this post: M! is an idiot.
Concord
Dubai Forums Zealot
User avatar
Posts: 3918
Location: Dawg House

  • Reply
Aug 20, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

  • Reply
Aug 20, 2007
M! wrote:What is not actually new when you people ask who know me :lol: :lol: :lol: :lol:



I'm bringing your "sentence" to my 4th grade class tomorrow for translation. Check here for results.
Concord
Dubai Forums Zealot
User avatar
Posts: 3918
Location: Dawg House

  • Reply
Aug 20, 2007
jayzed wrote:Even going by the lowest end of the figures above, you're only left with AED9K (about AUD3K) a month for living expenses, which will be very tight for a family of four and certainly won't allow you to save. If your rent costs a bit more, or you need two cars, you could be really screwed without a second income.


Which is probably a heap more for living expenses than he has in Australia.
^ian^
UAE, Dubai Forums Lord of the posts
User avatar
Posts: 5290

  • Reply
Aug 20, 2007
M! wrote::roll:

pfff Ok for the retarded again

i would not work here for that bakshish which is "offered" for that aussi guy, which is even less that got at home......

got it? :idea:

Do you believe that i am working here in DOBUY for that tip? :lol: :lol:

Dreamer :lol:

btw Dobuy is that place called in the middle of nowhere in between bazillions of construction sites... 8)

N8


You're obviously not employed for your literacy.
^ian^
UAE, Dubai Forums Lord of the posts
User avatar
Posts: 5290

  • Reply
Aug 20, 2007
cu
M!
Dubai forums Addict
User avatar
Posts: 211

posting in Dubai Expat Help ForumForum Rules

Return to Dubai Expat Help Forum

cron