Shall we move Dubai from London - money and package concerns - please help! | ExpatWoman.com
 

Shall we move Dubai from London - money and package concerns - please help!

3
Posts
EW NEWBIE
Latest post on 16 August 2016 - 00:29

Hello everyone,

My husband and I are considering a move to Dubai. His company have a role they would like him to do, and we have been a few times and loved it. He works in oil and gas insurance I am currently on maternity leave with a 9 month old but previously worked in Finance.

The company aren't offering school or accommodation allowance. It isn't an expat package (companies starting more and more to not offer these allowances apparentely?)

The package offered is 430,000 AED, inclusive (we think... no formal paper on it yet). Concerned this is not high enough. I could work part time, but don't want to do full time but I don't think part time is very common over there.

We want to live in the Springs or Arabian ranches.

I have budgeted :

180,000 AED accommodation (2/3 bed)
48,000 utilities
38,000 maid (I don't think I want one to be honest, as likely to be not working myself so this is then disposable)

What else should I be considering when working out our disposable income for food, phone, car, etc?

Very much appreciate any advice or feedback on this!

89
Posts
EW NEWBIE
Latest post on 11 December 2016 - 11:31
Your package works out to just about 36,000 AED a month. People in Dubai quote their incomes monthly rather than yearly. It is not a brilliant package or even a comfortable package but a doable package for a family of three with one baby. These are your expenses, based on what you described as your requirements: 3-bedroom villa for 180,000 AED yearly 2 cars (a variable but assuming you take out loans or rent): 4,000 a month for two midrange cars, or 48,000 a year. Utilities (varies, of course but let's average 2,000 a month for the villa): 24,000 AED 5% housing tax (payable divided into 12 months): 9,000 AED Internet/TV package: 6,000 a year for a basic one. So far you are spending 267,000 AED Day to day living expenses including groceries, petrol, light lunches out, coffees at Starbucks, cheap takeaways (many variables, of course): 2,000 a week for a modest lifestyle = 102,000 AED across the year. Now we're up to 369,000 AED for the year. The remainder is 61,000 AED, out of which you will need to pay for car insurance, minor repairs, clothing, any holidays, any topping up of health insurance and so forth. A nice meal out for a couple with one or two drinks each at a pleasant restaurant can easily cost 3-400 AED. As you can imagine, you will probably end up spending almost all of it and finish the year with minimal savings. As you can see, it's so easy to spend your entire income just on having a quiet, albeit still decently comfortable life in Dubai. But when the time comes for nursery, will you have the money for the fees? You can pay the fees, but there goes the holidays. Then school starts and you're even in a worse position. What people in your position do is primarily live in flats. Find a comfortable 2-bedroom apartment for 120,000. Your housing tax will only be 6,000 AED. Your utilities will be in the hundreds rather than the thousands. Live in the Marina and avoid a second car. Avoid shopping at Spinneys or Waitrose and buy all your food at Carrefour and you'll save a bit more. Now you can live comfortably enough and save money even with a nice holiday or two each year. Or you accept that you will save no money and treat the next few years as a holiday and plan on leaving Dubai before your baby is old enough for school. Or you can decide to look for a job after taking a year or two off. Working part time is not common and you still need someone to look after your baby so you hire a maid after all, which eats up much of your part time income. So most people end up taking a full time position. DH always used to say that 50,000 AED a month was the benchmark for a family in the UAE wanting a nice middle class western lifestyle. Above that you can live comfortably and save money. Below that (in the 40s) you can live comfortably but not save any money. This is assuming you have school or nursery fees to pay. As you are setting on the path of having a family with possibly future babies, this is something you need to be aware of in the long run. We are in similar predicament should i move over with family to Dubai on package offered. Reading your response made me want to ask what would be a good monthly package deal for a family of 6? I have three school going children FS2-Yr7 age group and am looking between jebel Ali and GEMS first point school I just want indication of what's a good figure to cover fees and expenses and housing and still be comfortable?
553
Posts
EW GURU
Latest post on 19 August 2016 - 23:58
We had less than that and were paying 120k a year school fees BUT our rent was only 100k. We saved nothing. I suggest you maybe look at living in say Motor City and save money on rent Or if you look at Layan or Remraan you can find 2 or 3 bed apartments for under 120k. We had a ground floor three bed in Layan with a small garden..communal pool, gym and supermarket and play area. Think they are going for anything between 110 and 130k at minute. Package is def workable but I def think best looking for cheaper accommodation. This will also reduce your housing fee which is 5% of your annual rent. Utilities will also be cheaper in an apartment ie our utilities aND housing fee around 700 AED a month whereas in a villa can be upwards of 2k a month. If you aren't working then it may work just to pay for cleaning for say three hrs a week rather then hire and sponsor a maid. In two years time or so you will need to consider how you will pay school fees...currently anything from 40k a year upwards...
3
Posts
EW NEWBIE
Latest post on 19 August 2016 - 00:44
Thank you everyone for your help this is great. I would say that 90% of the feedback is that this is a *reasonable* vpackage nit won't allow us to save or anything... I think we would have a better lifestyle in the Uk especially with my part time job offer for consultancy work which is basically the same as my old full time Salary. This is very tough ! Thank you Tallybalt for your detailed response it was fantastically helpful to give a really broad picture of our lifestyle - for DH and I, we want to really enjoy the lifestyle and not have to scrimp etc and I'm not convinced this offers us it. We've since gone back to the company letting them know what we would need and requesting accommodation allowance as you had also recommended Puj75. There won't be room for much negotiation I know what his company are like.... :( We've also only he anything versbllu confirmed nothing in writing which they do a lot.. And we have agreed a timeframe as our daughter has a place at a great nursery locally and I need to decline or accept my job soon...! Thank you for your help! I might be writing soon with sad or happy news! X
654
Posts
EW GURU
Latest post on 18 August 2016 - 10:40
Your package works out to just about 36,000 AED a month. People in Dubai quote their incomes monthly rather than yearly. It is not a brilliant package or even a comfortable package but a doable package for a family of three with one baby. These are your expenses, based on what you described as your requirements: 3-bedroom villa for 180,000 AED yearly 2 cars (a variable but assuming you take out loans or rent): 4,000 a month for two midrange cars, or 48,000 a year. Utilities (varies, of course but let's average 2,000 a month for the villa): 24,000 AED 5% housing tax (payable divided into 12 months): 9,000 AED Internet/TV package: 6,000 a year for a basic one. So far you are spending 267,000 AED Day to day living expenses including groceries, petrol, light lunches out, coffees at Starbucks, cheap takeaways (many variables, of course): 2,000 a week for a modest lifestyle = 102,000 AED across the year. Now we're up to 369,000 AED for the year. The remainder is 61,000 AED, out of which you will need to pay for car insurance, minor repairs, clothing, any holidays, any topping up of health insurance and so forth. A nice meal out for a couple with one or two drinks each at a pleasant restaurant can easily cost 3-400 AED. As you can imagine, you will probably end up spending almost all of it and finish the year with minimal savings. As you can see, it's so easy to spend your entire income just on having a quiet, albeit still decently comfortable life in Dubai. But when the time comes for nursery, will you have the money for the fees? You can pay the fees, but there goes the holidays. Then school starts and you're even in a worse position. What people in your position do is primarily live in flats. Find a comfortable 2-bedroom apartment for 120,000. Your housing tax will only be 6,000 AED. Your utilities will be in the hundreds rather than the thousands. Live in the Marina and avoid a second car. Avoid shopping at Spinneys or Waitrose and buy all your food at Carrefour and you'll save a bit more. Now you can live comfortably enough and save money even with a nice holiday or two each year. Or you accept that you will save no money and treat the next few years as a holiday and plan on leaving Dubai before your baby is old enough for school. Or you can decide to look for a job after taking a year or two off. Working part time is not common and you still need someone to look after your baby so you hire a maid after all, which eats up much of your part time income. So most people end up taking a full time position. DH always used to say that 50,000 AED a month was the benchmark for a family in the UAE wanting a nice middle class western lifestyle. Above that you can live comfortably and save money. Below that (in the 40s) you can live comfortably but not save any money. This is assuming you have school or nursery fees to pay. As you are setting on the path of having a family with possibly future babies, this is something you need to be aware of in the long run.
197
Posts
EW NEWBIE
Latest post on 17 August 2016 - 21:26
Just to also add remember when the job market is tough and companies are searching to make cuts, they will look at the most costly employees first . Have seen this happen, So while you may feel a bit fed up about the package deal , I think you may see changes in the company and packages been removed from present employees or redundancies ?
39
Posts
EW NEWBIE
Latest post on 17 August 2016 - 20:59
i know this maybe stating the obvious but have you actually gone to the company and asked them for extra money or told them how you feel about some getting the accommodation and others not ? sorry if i have stated the obvious and i do not wish to offend. I negotiated my contract and I got what i wanted - i am coming out to Dubai in October. :)
197
Posts
EW NEWBIE
Latest post on 17 August 2016 - 20:39
Hi Just to add, not sure if company are helping to pay for your relocation. If not you will need to add in the cost of bringing furniture or buying it in Dubai. A lot of villas do not have kitchen equipment ie fridge, cooker washing machine.We have never had a package which included schools , housing or anything else as in my husbands line of work we just don't get them and from what I gather it's getting more common. We have lived in the Middle East for 7 yrs now, including Bahrain and Doha I have to say for our daughter and us to ithas been a fabulous experience, It's not for everyone and you need to give it time and a fair chance , if you do you may find like us we can't imagine living back in the UK ??
4393
Posts
EW MASTER
Latest post on 17 August 2016 - 11:18
I've also just remembered about a company called "Mums@workME". They often advertise via FB and LinkedIn offering positions to suit Mums with children.
4393
Posts
EW MASTER
Latest post on 17 August 2016 - 10:25
There's nothing to stop you starting small and then moving on as and when you can afford it. It's taken us three moves to finally become settled. We've also taken out a maintenance contract ourselves purely so we know that is anything goes wrong, especially the A/C at this time of year, we won't spend time trying to sort it via the landlord. Cost about 4 - 5 k Regarding the gardens, we've previously either dug it up and taken it with us or sold on via facebook!!
3
Posts
EW NEWBIE
Latest post on 17 August 2016 - 10:08
Thank you seasand this is great info once again! We are still struggling with the decision, because of the hesitations on the package amount. We know his company have previously provided accommodation allowances and the company recently retracted it and that's hard for hubby because he feels penalised! I can't imagine him being in the office and knowing others are having theirs paid (we know his colleague pays 180,000 for the springs) that's got to be tough!!! We SO want to do this, but my heart AND head says we can't have a doubt on the financial side. You mention saving - unless I work part time - we don't think we will be able to save much. :cry: Xxxx Can anyone add any ideas about areas to live for villas ? Xxx
280
Posts
EW NEWBIE
Latest post on 17 August 2016 - 09:14
Hi McDuds2014, I had a great job back home but as DH was having to work abroad it was a no brainer for me to up sticks to be with him. We had no help with school fees, accommodation or car etc etc. So it was pretty tough but we managed it. Now having been here over 5 years I can honestly day I haven't regretted a day. Apart from the very hot summer months. But we all find something to complain about during that time. I do not live in a villa but that is down to our own preference and I certainly can understand your wanting a garden and a villa for your little girl too. As long as there is a communal pool which, personally, I believe important not only for keeping cool, having fun and socialising with others too. I am sure there are many ladies on here that can advise on best areas for villas too. But just be warned that should you do anything to a garden such a grass, shrubs trees etc... the 'whole lot ' usually. has to be uprooted if you ever decide to move out. Such a shame I think when people put so much money and love into them just to see it all dug back up again. That is what I am led to believe anyway, unless that has changed recently. Dubai is a really lovely and amazing place but it can be costly. If you can afford to save after all your regular and unexpected bills without ever borrowing you should be fine. You're little girl is also young enough to give you the chance to experience the place without having extra worry of uprooting her from a school too, should you not like it and decide to return home. Basically what is great for some can be misery for others. You could even go to a serviced or short rental, for a week or so, to help you decide and view more areas too. These can be a bit pricey but better than regretting handing over an annual rental cheque and signing for a year. There are also a few sites on Facebook which you can also check out covering various areas here. These can be buying or selling items, advice, cars, removals etc. :)
3
Posts
EW NEWBIE
Latest post on 16 August 2016 - 10:46
Hi seasand Thank you for your thorough response! A few answers to the below! We are not really keen on an apartment as currently live in a house in London with own garden etc. are there any other areas which may offer larger apartments with own garden? Part of the reason to move to Dubai would be improvement of lifestyle and while we have a good one here, I am keen to ensure it does improve on it to make the move. His company won't be providing cars, but we will need two we think. They will provide health insurance. We have heard we may need to top it up. They will provide an interest free loan of the first years accommodation, which I thought was quite helpful albeit I would rather an allowance ;) I didn't consider the maintenance costs so will add that in. My Current thoughts are that it is seeming we are swapping a like for like lifestyle - which makes me think.. What is he point? Aside from always wanting to live and work abroad.. But we have our little girl to think of. Also forgot to add I've been offered 3 day a week fairly salary Job in London with flexibility for the baby. Its a good job and I'm so happy about it I will be really sad to turn it down as things like this don't come up very often. Thank you the links, will take a look now!
280
Posts
EW NEWBIE
Latest post on 16 August 2016 - 08:23
Usually you would have to find a years rent in advance unless the landlord concerned accepts 4 cheques or you're extremely lucky enough to pay monthly. Your utilities seem quite high. If that would be your usual costs for a villa then I would consider an apartment where they would be considerably lower. Also being in a villa, depending on where you'll be located can have transportation issues. Unless you have 2 cars. Yes taxi's are plentiful but not always on your door step around villa's but you could call for them. Obviously you won't have schooling issues just yet but they are pretty expensive too. Obviously depending on where you'll live you may also need to think ahead of school bus collection and drop off. Once again a hefty cost. Nursery costs may need to be considered. Contents insurance advisable. Hopefully your husbands company would also arrange all your residency visa's? Will his company arrange medical insurance for you all? You'll need it. Will his company supply a car? One less to worry about. Maintenance costs on your accommodation. Very few are free, most places the tenant pays the first 500 dhs or 1000dhs for every repair. Landlord usually covers A/C and its maintenance but this needs to be checked and put in the tenancy contract. Most landlords here you hardly ever get to meet and agreements are arranged by the agent. Make sure agents are registered with RERA too before handing over any money. You also pay agents fees and deposit too in advance. Basically its a landlords paradise. Yes, working part time is rare here. Especially office work and for westerners. Depending on where you go to get groceries you can save if you shop around, go to the big supermarkets. Not sure if I've rambled on a bit but hopefully these articles may help too. Good Luck. xx http://www.expatwoman.com/dubai/monthly_property_renting_in_dubai_13221.aspx http://gulfnews.com/guides/life/law-finance/ask-the-law/housing-rent/rera-dubai-rental-law-for-landlords-and-tenants-1.1573821 http://www.expatarrivals.com/dubai/buying-a-car-in-dubai
 
 

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