Working in Dubai is the dream of many Europeans. In addition to 0% in income tax, the city offers many advantages. Today, we take a look at Dubai's employment figures.

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The average working day is 8 hours

The working day lasts an average of 8 hours. In tourism companies, the working day is sometimes 9 hours long. The working week begins on Sunday. Unlike our calendar, weekends in Dubai are Friday and Saturday. Employees benefit from an average of 30 vacation days per year.

As a result, Dubai enjoys a work habit almost equivalent to that of France. However, salaries are much higher in this city in the United Arab Emirates.

Salaries vary according to profession

There is no official minimum wage in the United Arab Emirates. Estimated income levels depend on multiple factors, including qualifications, experience, education, nationality and position held.

The average salary in the United Arab Emirates in 2021 was around 4,000 to 5,000 euros per month. A maid or nanny can earn between 200 and 800 eurosand an airplane pilot earns between 8,000 and 13,000 euros.

To take advantage of well-paid jobs, it's important to use the right visa.

A visa valid for 2 to 3 years

A residence visa is valid two years in the private sector, three years in the public sectorYou should be able to renew it indefinitely. Once you have your residence visa, you'll be able to open a bank account and obtain a driver's license, as well as sponsor visa applications for your immediate family.

Visa processing takes approximately one month. With the resident visa, the employee receives a local identity card. The resident visa is cancelled on termination of the employment contract, but within 29 calendar days the applicant can legally remain in the country to seek new employment.

In terms of fees, a refundable deposit of AED 5,000 per person is required, plus around AED 360 for the visa itself and between AED 200 and 300 for medical tests.

Other types of visa are available if you work remotely.

287 € for a nomadic worker visa

Dubai has also launched a "nomadic worker" visa program. The program allows you to travel to Dubai and stay for up to a year as a freelancer or for your employer abroad.

You can rent a house in Dubai, have access to Dubai schools if you have children, utilities and live like a local. You are officially allowed to work. However, you are not allowed to find a job in Dubai. Visa costs €287. In addition, you must have health insurance in Dubai.

Whatever you do in Dubai, we strongly advise against working without a visa. It could result in substantial fines.

Illegal employment costs up to 82,000 euros in fines in Dubai

Illegal employment in the United Arab Emirates carries many risks for both parties. The penalty for the employer is 2 months' imprisonment and a fine of a fine of up to 82,000 euros. The consequences for the employee are equally unpleasant. Indeed, it is possible to be jailed for 2 to 3 months, deported and fined 27 euros for each day of illegal stay in the country.

By staying within the law, you risk nothing to live in Dubai. What's more, you can also retire here.

20,000 dirhams for a retiree in Dubai

From September 2020, expatriate residents of Dubai can apply for the "Retirement in Dubai" program.

Under this program, eligible residents aged 55 and over can apply for a retirement visa, renewable every five years.

To be eligible, you must meet one of the following three conditions:

• You must earn a monthly income of 20,000 dirhams (about €5,500)
• You must have savings of 1 million dirhams
• Own a property in Dubai worth 2 million dirhams.

As far as property is concerned, you'll need to find accommodation in the city. Fortunately, the cost of living in Dubai is proportional to your salary. So it's entirely possible to live comfortably in this city in the United Arab Emirates.

7,324 Dirhams for accommodation in the city

While the cost of living in Dubai is reasonable compared to other major cities, housing prices in the city center are rising and even approaching those of European cities.

So, while a lunch for two will cost around 150 dirhams (around 40 euros) and a monthly pass will cost 250 dirhams (around 68 euros), aa room in the city center will cost around 7,324 dirhams (approx. 1,994 euros) per month.

These prices don't stop foreigners from coming to live in the city. In fact, by 2022, Dubai will be home to a large influx of new foreign workers.

Foreigners in the majority in Dubai

The United Arab Emirates is one of the richest countries in the world, and one of the most loyal to foreigners. Eight out of ten jobs in the country are held by expatriates. The government actively promotes the creation of new jobs. Expatriates represent 92 % of Dubai's population. This makes Dubai an eclectic and international city.

What attracts foreign workers most is the tax rate charged by the city.

A tax rate of 0%

Dubai does not levy no tax on employees' income or earnings. This applies to nationals as well as foreign residents and expatriates.

However, you may still be subject to foreign tax laws in your home country. For example, if you live in Dubai for less than a full tax year (e.g. six months), you may have to pay income tax in your home country.

Instead of income tax, Dubai extracts tax by other means. You'll have to pay council tax and rental tax, which will add to your cost of living. VAT is charged on all purchases. Tourists will also have to pay a special tax, including a departure tax.

Thanks to its various tax advantages, the country is prospering. Today, many employers are looking to strengthen their workforce and offer more positions within their companies.

Over 70% of employers in Dubai are looking to strengthen their workforce

Over 70 % of employers are looking to strengthen their workforce or increase salaries in 2022. Nevertheless, these salaries and bonuses are paid on an individual basis.

Across the Gulf, 29 % of organizations surveyed said they planned to increase salaries by 5 % or less, while 22 % said the aim was to increase employees by 6 to 10 %. At the same time, 20 % of companies intend to maintain compensation at current levels.

 

In this article, I present Dubai Metrowhich could come in very handy during your stay!

Here you'll find

• A presentation of this metro
• Available routes and useful stops
• Ticket prices and how to buy them
• Tips for using the Dubai metro with ease
• Operating hours
• And much more!

If you're looking for information about the Dubai Metro, you'll love this article.

Follow the guide!

Dubai Metro: article summary

Introducing the Dubai Metro

The subway in Dubai was inaugurated on September 9 2009 (at 9 hours 9 minutes and 9 seconds, for the symbol). At the time, it consisted of just one line. In 2011, a second line opened to extend the distance covered, and others are under construction.

There are currently :

• Visit red line with 29 stops
• Visit green line which has 20

Plans call for a blue line to open in 2025, with 20 additional stops, followed by a purple line adding 8 stops in 2030. This metro would then be as long as those in New York and London! In fact, it is currently the longest metro in the world. the longest driverless metro line in the world.

The metro was designed to relieve the city's heavy traffic and reduce car pollution. The results seem convincing, and ridership is growing steadily, with over 200 million passengers every year.

During your stay in Dubai, chances are you'll be using this metro. Whether you're travelling from Dubai airportWhether you're travelling between the city's most attractive districts or to a specific attraction, this is a fast and practical means of transport.

Metro Dubai: lines, map and useful stops

Even if you're not a frequent subway user, the Dubai metro is easy to navigate. The directions are very clear, there are only 2 lines and the staff will be happy to guide you if you have any problems.

Dubai metro lines

• Visit red line departs from Dubai International Airport and crosses the city along the Sheikh Zayed Roadwhich is one of the city's major thoroughfares. It runs from north to south, and is your first port of call.
• Visit green line runs from Deira, the old center of Dubai, to Dubai Creek. This is the line to take if you want to visit the Gold Souk or the historic Bur Dubaia true testimony to the town's past

Which stops are most useful to travellers?

Among the decisions that are sure to be of use to you, I would like to mention :

• Terminals 1 and 3 from Dubai International Airport (red line)
• Burj Khalifa/Dubai Mall (red line), which allows you to visit the world's tallest tower (the Burj Khalifa) and one of the world's largest shopping malls (the Dubai Mall), packed with activity, from the
• The Dubai Marina (Dubai Marina, red line)
• Internet City and Nakheelwhich are the two closest resorts to the artificial islands of Palm Jumeirah.

Dubai metro map

To help you find your way around, here is the current map of the Dubai Metro:

How much does a metro ticket cost in Dubai?

In Dubai, the metro is divided into zones - there are 7 - and the cost of each trip will depend on the route taken. You can count on

• Between 4 and 8 AED (approximately from 2 euros) for each trip within a zone
• From 6 to 12 AED (i.e. 3,2 euros max) for a trip covering 2 zones
• Up to 17 AED (i.e. 4.5 euros) if you pass through 3 zones

You can travel for 180 minutes on the same ticket, with a maximum of 3 connections allowed.

What is the Nol Card?

While it is possible to buy single tickets to use Dubai's public transport system, there is a system called Nol Card which saves you money.

The a rechargeable cardaccepted in other public transport systems. It can quickly become essential, as it is not possible to pay in cash on certain types of transport.

The various NOL cards (Silver Card, Gold Card, Personal Card and Red Card) offer lower unit prices for each trip, and are particularly interesting when traveling between 2 or more zones.

For example, with a Nol Silver Card or a Nol Red CardFor a trip that takes you through more than 2 zones, you'll pay AED 7.5 (2 euros) and AED 805 (2.15 euros) respectively. At full fare, it would cost you AED 17 (4.5 euros).

The a very interesting solutionIt's a great way to save money if you plan to use the Dubai Metro frequently during your stay. A fee is charged - from AED 50 to AED 220 depending on the card and the zones used - and it is valid for 7 days, with journeys deducted from the balance on the card.

Where can I buy tickets for the Dubai Metro?

Subway tickets and NOL cards are available:

• In RTA agencies (Roads and Transport Authoritythe company in charge of transport in Dubai) of the various metro stations
• At vending machines distributed throughout the stations
• At an authorized dealer RTA

How to use the Dubai metro easily?

If you've been on a metro before, you won't feel out of place on this one. It may simply be much cleaner than those you're used to! But there are a few things you need to know to use it properly.

The first is that the Dubai metro has cars of different classes:

• Visit Gold Class available at extra cost, offering greater comfort and space
• Visit Silver classYou can access it with a ticket or a NOL silver card.
• Visit women's and children's wagonswith space for strollers and various amenities. As a woman, you don't have to use these cars.

Then, among the rules to be aware of, it's forbidden to eat or drink on the Dubai metro, and luggage dimensions are limited (81 cm x 58 cm x 30 cm for suitcases / 55 cm x 38 cm x 20 cm for hand luggage).

Fines ranging from AED 100 to AED 2,000 are provided for offenders.

Last but not least, you'll have access to a permanent Wifi connection in the metro, which is always good to know.

My advice If you can, sit back and enjoy the view of the city from the first carriage. There's no driver, so you'll have a front-row seat to enjoy Dubai's architecture during the journey.

Metro Dubai: timetables, tips and practical information

Here's what you need to know about the Dubai Metro and the alternatives available.

Opening hours

The metro operates at the following times:

• Monday to Thursday, 5 a.m. to midnight
• Fridays from 5 a.m. to 1 a.m.
• Saturday from 5 a.m. to midnight
• Sunday, 8 a.m. to midnight

Departures are regular and you'll never have to wait long.

Please note: it's very busy at rush hour.

Useful info

You will need to validate your ticket at the corresponding kiosks at the metro entrance, but also at the exitand the fare will be charged.

 

Other options for getting around Dubai

In addition to the metro, you can take :

• Buses in Dubai
• The monorail serving the Palm Jumeirah
• Cab or Uber driver services
• A car, passing through a rental service
• The tramway, which serves 14 km of Dubai

Contrary to popular belief, ecology is at the heart of all discussions in Dubai. Between eco-friendly solutions and targets to be met by 2050, the city of the United Arab Emirates is constantly striving for perfection. Today, let's take a look at some figures on ecology in Dubai.

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44,745,933 m² of green spaces

When you think of Dubai, you think of a big concrete city. However, the city also offers a wealth of natural spaces. In the first quarter of 2022 44,000 745,933 m² of green spaces. More than 5 million trees, including 45,606 palm trees. They are also 1.8 million square metres of flowers of all species that cover Dubai's parks. Finally, there are more than 8 million square metres of grass cover.

Of course, every quarter, the total number of trees and flowers increases. Indeed, the city of Dubai is putting the emphasis on greenery. By multiplying the number of trees, the city aims to lower carbon dioxide levels. However, feeding all these plants in the desert requires a lot of water.

33 million cubic meters of water dedicated to irrigation

To water these millions of square meters of green space, the municipality spends every quarter 33 million cubic meters of water. In the desert, plants need more water. So it's important to use all the resources necessary to keep green spaces healthy. All in all, it costs 29,176 dirhams to the city. Of course, much of this water is recycled before being used to water the various plants.

These are not the only places in the city that benefit from recycled water. Indeed, Dubai places great emphasis on the responsible use of natural resources.

75 to 85 % of recycled water in car washes

Between 75 and 85% of recycled water in car washes. Dubai residents who want to wash their cars do so using as little drinking water as possible. Eventually, of course, the city wants to recycle 100 % of its wastewater. To achieve this goal, dozens of recycling centers have been set up in Dubai. The water is then treated and distributed to all systems requiring recycled water. Car washes in Dubai are therefore environmentally friendly.

Another natural element continues to worry residents of the United Arab Emirates city. Indeed, the population is starting to work together to improve air quality.

0.120 ppm carbon monoxide in air

Dubai's air quality will soon be perfect. However, air quality is improving year by year. In the first quarter of 2022, we can expect a minimum of 0.120 ppm carbon monoxide in air. At the highest peak 1,390 ppm monoxide level. The city is nevertheless making great efforts to adapt and offer its inhabitants healthy air. As we saw earlier, Dubai places great emphasis on green spaces. By increasing the number of green spaces, carbon monoxide levels are also reduced. The city has introduced towers to purify the air. By drawing in air and filtering it, these towers are able to release pure oxygen for residents.

To reach its 2050 targets, Dubai will have to launch major awareness-raising campaigns. Today, it's local residents who have the greatest impact on Dubai's ecology.

57 % of the carbon footprint is borne by individuals

The vast majority of the carbon footprint created in Dubai is mainly caused by the city's residents. In total, 57 % of city pollution is caused by the various dwellings. While air-conditioning is part of the problem, it's interior lighting systems that consume the most energy in Dubai. This is because.., 20 % of carbon footprint comes from the excessive, and sometimes unnecessary, use of various lighting systems in the home. To counter this, the government is starting to impose low-energy solutions such as LED bulbs.

The remainder of the carbon footprint is divided between government energy use and that of individual companies. Businesses account for 30 % of Dubai's carbon footprint. Government services only have an impact of 13 % on local ecology. Most studies also show that the carbon impact per capita is extremely high.

8 gHa per capita in the first quarter of 2022

At the start of 2022, the carbon footprint will be 8 gHa per capita. gHa is the chosen measure for quantifying biocapacity. Today, it is used to measure different carbon footprint rates around the world. In Dubai, this rate is well above average. In fact, scientists would like to see all countries is 2.5 gHa per capita per year. By way of comparison United States are at 5.5 gHa per capita. Kuwait, for its part, has a rate of 4.5 gHa per inhabitant. In France, the ecological footprint per inhabitant per year is represents 4.7 gHa.

However, Dubai is constantly striving to improve its facilities, and has been raising awareness among its various residents for many years. The aim is to achieve the city's ultimate goal.

The least polluting country by 2050

By 2050, Dubai aims to be the least polluting country on the planet. To achieve this goal, numerous awareness-raising campaigns have been organized since 2007. As a result 7% reduction in pollution by 2020. The aim is to reduce by 25 % emissions by 2030. Finally, by 2050, the city aims to achieve a pollution reduction of 75 %.

For the time being, these objectives seem achievable. What's more, the city has already managed to save a considerable amount of electricity by raising awareness among residents.

600 million dirhams of electricity saved

Since 2009, residents have had to be careful with their electricity consumption. To avoid polluting the planet unnecessarily, they are asked to use electricity sparingly. As a result, more than 600 million dirhams of electricity saved thanks to the attention of the population. By using less air conditioning, taking care to turn off the lights when they leave a room and adopting healthy gestures, the efforts of Dubai's residents are starting to pay off.

To limit their ecological footprint, some Dubai residents have turned to greener cars. So the city had to adapt by offering electric charging stations.

73 charging stations for electric vehicles

By 2022, a total of 73 electric car charging stations which are spread throughout the city of Dubai. The target for 2025 is to reach a total of 100 terminals available for electric car owners. While the charging stations are designed for all brands of electric or hybrid vehicles, a large proportion are dedicated exclusively to Tesla vehicles. Indeed, Elon Musk's cars are very popular in Dubai. Tesla also has showrooms and dealerships in this major city of the United Arab Emirates.

While the city will soon offer a totally green solution, it is gradually moving towards more environmentally-friendly habits. By 2050, the targets should be met and Dubai will be one of the world's least polluting cities.

Are you thinking of relocating to Dubai? Before you leave, it's important to be aware of a few facts and figures. In fact, before discovering this wonderful country, you need to be prepared for all eventualities. Let's find out how expatriation affects the French in Dubai.

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600 French subsidiaries Dubai

If you're planning to relocate to Dubai, you should know that you'll be spoilt for choice when it comes to finding a job. Indeed, since 2015, this city in the United Arab Emirates has been experiencing strong demand from major French companies. In Dubai, you'll find more than 600 subsidiaries aerospace, energy and hospitality. The vast majority of French companies operating in Dubai belong to the luxury sector. However, they can also turn out to be good sponsors to kick-start your expatriation.

In addition to its location, Dubai enjoys many other advantages. These include a zero tax rate for all businesses, including foreign companies.

0 % taxes for expatriates

Whether you're an executive of a large company or an employee, taxation in Dubai will soon be a reality. In fact, very recently, a law was passed to ensure that the tax rate rises to 9 %. However, the law will not be implemented until June 2023. So, to date, there is still a year to take advantage of the city's 0 % tax rate. Even after the application of this law, this tax percentage remains lower than in France. Today, for an auto-entrepreneur, you need to 24 % of taxation. For a labor-intensive company, it's always more attractive to be taxed at the lowest rate.

If you want to relax after a long day's work, you can enjoy a good-sized fireplace at an affordable price.

Average monthly rent of €1,000

For your rent in Dubai, you must between €800 and €1,200 per month. For this price, you get an 80 m² apartment. In addition to the apartment, many other services are added, including a swimming pool, a parking space and a gym.

By way of comparison, a single apartment with the same configuration in Paris costs between €2,500 and €4,500. However, for this price, you don't get the swimming pool or the various sports facilities. Compared with the French capital, you also benefit from lower monthly fees.

Approximately €200 per month

Life in Dubai is much more affordable than in France. If you want to move to this city in the United Arab Emirates, you'll benefit from a number of advantages when it comes to electricity costs. In fact, in summer you pay on average 90 per month for electricityin winter, only 60 € required. This price difference is mainly due to the absence of air conditioning on the coldest days of the year.

However, you should expect higher Internet charges. In Dubai, you can expect to pay an average of €90 per month for unlimited Internet access. In France, depending on your subscription, it will cost you around 40 per month. Your costs may be higher if you have children.

Between €3,000 and €13,000 tuition fees

Unlike France, where schooling is free, in Dubai you have to pay a certain annual fee if you want to send your children to school. You will need to between €3,000 and €13,000 per year so that your little ones can enjoy a local education. These price differences depend on many parameters. First of all, it's important to take your child's school level into account. Indeed, there is a price difference between small classes and large classes. Secondly, the quality of teaching determines the price. International schools are much more expensive.

If schooling the little ones is very expensive, you'll be able to save money on your average monthly shopping cart.

250 € shopping per month for two people

For food shopping, the average cost is only 250 per month for two people. By way of comparison, in France, the average shopping basket for two people is €400 per month. You'll also find the same price differences when it comes to dining out. In France, most culinary outings cost between €18 and €30, whereas in the rest of the world you can expect to pay between €1 and €2. between 10 and 25 euros per person in Dubai.

When you're out and about, you'll come across many French restaurants. However, hotels are not the best-paying sector in Dubai.

4,500 per month on average for an expatriate engineer in Dubai

For the French, the best-paid job is in engineering. An engineer earns between €4,000 and €5,000 per month depending on the company they work for. In Dubai, it is also common for the company that employs you to offer various benefits. These may include insurance, a company car or a certain number of plane tickets to France each year.

One of the least profitable professions is teaching French. Teachers earn an average of €3,000 per month for their services. Of course, they can also give private lessons to earn a few extra dirhams. Finally, the hotel business is one of the lowest-paying professions. For a French chef in Dubai, you can expect to pay approximately €2,500 salary per month. If you don't find a job when you arrive, you'll have to pay a small fee to cover your visa.

95 per person for e-visa to Dubai

If you want to visit the city before settling in, you'll need an e-visa. To do this, you'll need to spend 95 per person to enjoy the country for 90 days. This should be enough time to find a job in the city. Once you've found the right employer, all you have to do is apply for a "work visa" to be in good standing. In most cases, employers pay the full cost of this type of visa. This means you can enjoy your salary to the full.

You need at least €1,700 a month to live in Dubai

As life in Dubai is 23 % cheaper than in France, it's only natural that you should be able to live in this city without spending too much. In fact, once the various costs have been added up, you can expect to pay a minimum of €1,700 to live in Dubai. High salaries and a low cost of living are generally the two parameters that attract French expatriates.

Among the various costs, you also need to think about your health. Unlike in France, you'll have to pay most hospital bills.

70 per adult for access to hospitals

To gain access to the various public hospitals, you need to pay a certain fee. You are therefore required to 70 € per adult to pay for the card that gives you access to the city's various public hospitals. It's also important to take out health insurance. Since 2015, this health insurance has been compulsory. Being a cosmopolitan city, you can be sure that you'll find the best doctors in the world in Dubai. However, unlike in France, the majority of treatments are chargeable.

You now know everything there is to know about expatriation to Dubai. Before embarking on your trip, we advise you to check your financial capacities. It's also a good idea to find out about the different customs of the city's inhabitants. Finally, as with any trip to a foreign country, learn a few words of Arabic to familiarize yourself with the local culture.

Like the city itself, Dubai's real estate market is booming. Every day, new villas and apartments find their owners. Today, let's take a look at the real estate figures for this city in the United Arab Emirates.

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483 villas sold

In April 2022, the 483 villas which are sold in Damac Lagoons, one of Dubai's popular neighborhoods. Located close to the city center, Damac Lagoons offers a wide range of amenities. Within walking distance are two of the city's leading golf courses. It's the perfect place for sports-minded entrepreneurs.

In second place, we find the Emirate Living district with its 102 villas sold by 2022. Apartments, on the other hand, sell better in Jumeirah Village. There are no fewer than 254 apartments sold this year in this district. Next comes Dubai Marina with 244 apartment sales over the same period. These sales are often motivated by their low cost per square meter.

2,997 dirhams per m²

For a villa, the highest price per square metre in the city is 2,997 dirhams (or €758/m²). This rate is found at Palm Jumeirah Fron, an artificial archipelago created between 2001 and 2009. If the location seems expensive, it's mainly because of the site's unique characteristics. Indeed, Dubai is one of the first countries to have undertaken such a project. By way of comparison, an apartment on Jumeirah Island costs just 1,460 dirhams per square meter (369 €/m²).

The most expensive apartments are located in Dubai Creek Harbour. To enjoy an apartment on this site, you need to spend €1,830. dirhams per square metre. However, if you're looking to build an apartment or villa in Dubai, you need to be aware of the current high volume of demand. As a result, many real estate projects are behind schedule.

22 % construction projects behind schedule

Faced with ever-increasing demand, many construction sites are experiencing delivery delays. There are no fewer than 22 % delay on all real estate projects in 2022. However, 78 % of them are considered to have been delivered on time. This should reassure real estate investors in Dubai.

This rate is the same for villas and apartments. Taking all properties together, more than 4,500 homes awaiting completion in 2022. Building a villa takes longer than building an apartment. This naturally leads to a higher number of completed and sold apartments.

39,570 apartments sold

The year 2021 was a flourishing one for personal home sales in Dubai. In fact, out of the entire real estate stock, 39,570 apartments were sold in 2021. This represents an increase of 63 % over sales in 2020. On the villa side, more than 13,600 found an owner. A significant increase representing 112 % of additional sales compared with 2020.

In terms of building land, there are approximately 5374 lots sold in 2021. An increase of 81 % compared to 2020 results. Sufficient space to accommodate real estate construction projects in the city of Dubai.

16,260 new construction projects

As of April 30, 2022, these are 16,260 construction projects that have already been delivered in the city. It is reasonable to conclude that year-end estimates could exceed 2021 results. Indeed, last year some 29,700 projects delivered to Dubai.

More 11,700 other homes are currently under construction in the UAE city. The recent interest in the country on the part of foreigners has forced the various construction companies to develop a timetable for the completion of future properties over several years.

5,500 orders pending for 2023

While 2022 will see the arrival of 11,700 homes, the following years will see a steady stream of future housing projects. In 2023, for example, 5,500 orders already scheduled awaiting construction. By 2024, some 2,865 new projects will have been signed.

It's easy to imagine that in the years to come, property sales will concentrate on the most popular neighborhoods offering affordable rates. Many sites have already captured the hearts of investors.

12 % from the market to Al Hebiah first

One of the most popular sites is Al Hebiah First. This real estate complex is a veritable little paradise for all investors wishing to enjoy real estate in Dubai. Spread over an area of 4 km², Al Hebiah First is home to over 9600 inhabitants at the last census in 2018. In addition, 99.4 % of local residents come from other countries. A truly cosmopolitan district in the heart of Dubai.

All this demand for housing generates a huge amount of expenditure. That's why, in 2021, real estate transactions are soaring.

150,000,000,000 dirhams

Dubai saw very strong demand in 2021. Real estate transactions in this city in the United Arab Emirates increased by 75 % compared with 2020. In all, the real estate business to report 150,000,000,000 dirhams (almost 38 billion euros) to the various agencies offering properties for sale. A real record for this fast-growing city.

Newer neighborhoods are taking advantage of the city's popularity and are developing extremely rapidly.

3626 additional homes

The Mohamed Bin Rashid Al Maktoum district, named after the vice-president and sheikh of Dubai, is home to 3626 additional new homes by 2022. This growth places it in the top 3 of the city's most popular neighborhoods.

Another major attraction is the price! In April 2022, you can expect to pay 1,854 dirhams per square meter (approx. €468/m²) for a villa in this area. For an apartment, expect to pay on average 1,388 dirhams (€351/m²). These new homes are commissioned from professional contractors, most of whom have worked on the city's largest buildings.

17 % of the contract awarded to Emaar

Numerous construction companies are being approached to build real estate in Dubai. Emaar is one of them. All in all, 17 % of Dubai's construction market goes to Emaar. The company's fame is largely due to the fact that it is behind one of the city's tallest skyscrapers: the Burj Khalifa. Today, the Emaar Group is responsible for the construction of over 13,000 real estate projects for the city of Dubai.

Its direct competitor is Damac Properties. Neck and neck, this other company represents 13 % of all the city's buildings. Last but not least, Dubai Properties follows closely behind the two construction giants, releasing 7 % market share.

Real estate in Dubai is a booming business. Thanks to outside investors, the city still has many years of prosperity ahead of it. With prices lower than in France, it's the ideal time to buy a property. pack your bags in this unique city.

Dubai is a city that increasingly fascinates the French.

Located in the United Arab Emirates, it enjoys a strong economic growth for over 30 years.

Together, let's discover the figures that make up the city!

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Oil: 20 % of the country's total economy

The hydrocarbon trade represents 20 % of Dubai's total GDP. Over the years, this figure has tended to fall. In fact, other sectors are beginning to emerge in the UAE megalopolis. Real estate, finance and insurance, for example, account for a substantial proportion of the total. 13 % of GDP. In third place, we find the retail and hospitality sectors with 12 % of GDP. The transport and communications sectors account for only a small share, than 6 % of GDP.

Although the city has been in existence for almost 200 years, Dubai's economic growth began to evolve. in the late 80s.

1980: the start of Dubai's golden age

Thanks to its unique location, the geographical area where Dubai stands today is inhabited by for over 5,000 years. However, it was not until 1833 that the first signs of the city took shape. By 1894, Dubai was experiencing significant commercial growth. Numerous specialty stores were established in the city. It was not until the late 1960s, however, that the city began to exploit the various oil deposits in the surrounding desert.

While the 70s were marked by a major demographic expansion, it was the the '80s the first signs of economic prosperity. Today, the country's tax status attracts many expatriates, increasing the number of residents in Dubai.

0 % income taxes

In Dubai, taxpayers pay no income tax. Nor is there any corporate tax. Thanks to this status, Dubai is one of the world's 24 tax havens. More than 600 French companies are taking advantage of this considerable help to develop. Despite the ever-growing number of inhabitants, trade is thriving in the UAE city.

Almost 3 million inhabitants

Dubai's population is constantly growing. If the city only had 20,000 inhabitants in 1950In 1969, the city's population began to grow rapidly. At that time, the city had 62,000 inhabitants an increase of over 19 %. In 2019, they are over 2,833,000 inhabitants living in the city of Dubai.

However, the pace of growth has slowed in recent years. In 2021, Dubai will have a population of 2,921,376. In 2022, they will number 2,964,382. Forecasts show that by 2035, the city will have a population of 3,526,254. However, while growth appears to be slowing, the city continues to welcome more and more French expatriates.

25,000 French expatriates in 2020

In 2020, are nearly 25,000 French expatriates which are registered at the French Embassy in Dubai. With a strong demand for hotels and restaurants, many French people are attracted to the country of the United Arab Emirates. Over the past 10 years, the number of French expatriates has almost doubled. In 2013, there were 15,000 French in the megalopolis. This growth can be explained by the development of companies wishing to take advantage of the country's tax-free environment.

Dubai is home to many registered French nationals, and Abu Dhabi is also a major magnet for French speakers. However, Dubai offers other advantages such as a lower cost of living.

Cost of living 23 % lower than in France

With a cost of living 23 % cheaper than FranceDubai is a destination that saves you money. For your trip, allow at least 75 € per day per person. A mid-range hotel will only cost you an average of €76. That's a 9 % cheaper than for a hotel of the same standard in France. In the same vein, the price of a single transport ticket is on average sold at €1.28. Finally, a minute's mobile call to a landline costs only 0.12 € or 27 % less expensive than the average cost of a call in France.

These prices are also reflected in the cost of real estate in Dubai. As a result, it is sometimes much cheaper to buy a property in the UAE city.

A villa for €586,000

An apartment costs just €2,548 per square metre in 2020. By way of comparison, an apartment in the center of Paris costs an average of €11,064 per square meter. However, average prices per square metre must also be considered in relation to a number of other parameters. For example, when considering the location, standing and year of construction of the property, you should expect to pay on average 586,000 for a villa in Dubai.

Real estate in Dubai is booming. By 2021, more than 39,000 apartments that are sold. We also list the sale of 13,600 villas an increase in sales of 112 % compared with 2000. Unlike other cities, most buyers in Dubai come from an expatriate population.

88.52 % of population from foreign countries

The majority of Dubai's inhabitants come from foreign countries. In first place are expatriates from India. The latter are present at more than 27 % in the city of the United Arab Emirates. Next comes Pakistan with a total community of 12 %. Bangladesh and the Philippines are neck and neck with communities representing respectively 7 % and 5 % of Dubai's population.

With a local population of some 11 %Dubai is a truly cosmopolitan city. This characteristic attracts more and more visitors every year.

Over 16 million visitors in 2019

The number of visitors to Dubai is rising steadily. In 2015, there were 14 million annual visitors. This trend has only increased until 2019, when the city welcomed more than 16,730,000 new visitors. However, with the coronavirus crisis, visitor numbers fell sharply in 2020. With 5,510,000 visitors that year, the city experienced a loss of 67 % in the tourism sector.

By 2021, tourism will be back on course and over 7 million registered visitors in Dubai. A visit to the skyscrapers is one of the most popular attractions, offering visitors a unique panoramic view of the entire city.

69 skyscrapers over 200 m high

The city has 69 skyscrapers over 200 m high. These include, of course, the Burj Khalifa with its a height of 828 m. Next is the Marina 101 with a height of 425 m. The city's third-highest skyscraper rises to 413 m. The Princess Tower, the third tallest skyscraper, was built in 2012.

Of course, not all of Dubai's skyscrapers are open to the public. However, a visit to the Burj Khalifa is a must for many visitors. For those with a fear of heights, the city also offers a host of attractions.

40 theme parks

Dubai is a veritable playground for anyone who loves theme parks. The city boasts over 40. Among the most visited parks in Dubai are :

• Motiongate welcomes 1,460,000 people every six months
• Lego land recorded almost 2,800,000 visitors a year

In conclusion

Dubai is a city in constant expansion.

Despite the economic slowdown caused by the coronavirus crisis, the city is gradually rising from the ashes and welcoming many new visitors. Here, they can enjoy a thousand and one activities.

Perfect for entrepreneurs, it also offers the possibility of making certain savings on corporate taxation.