Cost of living
Jan 4th 2009, 8:59 am
#1
Just Joined
Thread Starter
Joined: Nov 2008
Location: land of the sand, sun n nutty drivers
Posts: 23
Cost of living
Hi anyone and everyone,
i've been here 6 weeks and just posting what i've found (im probably going to get bombarded with abuse soon)
accommodation hard to find in AD but there is some, it is expensive 200k-240k for a 2 bed apartment.
villas are nearly impossible to get or are mega expensive.
the cost of most items are more expensive than back home (not by alot but money here is better so is all relative)
I have been to discovery gardens and the springs area and have been offered a 1 bed apartment for 85k-125k, 2 bed for 150k-200k and 2 bed villas for 170k-220k.
These areas are about an 1 and a half hours from AD so is a bit of a drive.
the driving here is the nuttiest i've ever come accross, every taxi driver thinks he is lewis hamilton!! (although they are quite cheap)
I work in construction and it is very slow here many jobs are put on hold.
I hope this helps anyone thinking about making the move, my first 2 weeks here were hell on earth. now things are falling into place and it is quite bearable (almost enjoying) Happy days
i've been here 6 weeks and just posting what i've found (im probably going to get bombarded with abuse soon)
accommodation hard to find in AD but there is some, it is expensive 200k-240k for a 2 bed apartment.
villas are nearly impossible to get or are mega expensive.
the cost of most items are more expensive than back home (not by alot but money here is better so is all relative)
I have been to discovery gardens and the springs area and have been offered a 1 bed apartment for 85k-125k, 2 bed for 150k-200k and 2 bed villas for 170k-220k.
These areas are about an 1 and a half hours from AD so is a bit of a drive.
the driving here is the nuttiest i've ever come accross, every taxi driver thinks he is lewis hamilton!! (although they are quite cheap)
I work in construction and it is very slow here many jobs are put on hold.
I hope this helps anyone thinking about making the move, my first 2 weeks here were hell on earth. now things are falling into place and it is quite bearable (almost enjoying) Happy days
Jan 4th 2009, 9:09 am
#2
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Cost of living
no complaints from me..
Jan 4th 2009, 10:01 am
#3
BE Enthusiast
Joined: Aug 2008
Posts: 377
Re: Cost of living
Glad to hear ure happy 
Jan 4th 2009, 10:19 am
#4
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Cost of living
Hi anyone and everyone,
i've been here 6 weeks and just posting what i've found (im probably going to get bombarded with abuse soon)
accommodation hard to find in AD but there is some, it is expensive 200k-240k for a 2 bed apartment.
villas are nearly impossible to get or are mega expensive.
the cost of most items are more expensive than back home (not by alot but money here is better so is all relative)
I have been to discovery gardens and the springs area and have been offered a 1 bed apartment for 85k-125k, 2 bed for 150k-200k and 2 bed villas for 170k-220k.
These areas are about an 1 and a half hours from AD so is a bit of a drive.
i've been here 6 weeks and just posting what i've found (im probably going to get bombarded with abuse soon)
accommodation hard to find in AD but there is some, it is expensive 200k-240k for a 2 bed apartment.
villas are nearly impossible to get or are mega expensive.
the cost of most items are more expensive than back home (not by alot but money here is better so is all relative)
I have been to discovery gardens and the springs area and have been offered a 1 bed apartment for 85k-125k, 2 bed for 150k-200k and 2 bed villas for 170k-220k.
These areas are about an 1 and a half hours from AD so is a bit of a drive.
I am trying to help a distressed individual (job lost and have left the UAE) who owns a property in the Arabian Ranches. Would you/anyone be interested in renting a 3bed+study and if so how much would you pay? I can then let her know and ask her to get in touch with you. Thanks.
Last edited by IndieG; Jan 4th 2009 at 10:27 am. Reason: Edited to add [renting]
Jan 4th 2009, 10:24 am
#5
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Joined: Mar 2008
Location: all over the place
Posts: 759
Re: Cost of living
Welcome to the forum and glad that you are finding things are getting better.
I am trying to help a distressed individual (job lost and have left the UAE) who owns a property in the Arabian Ranches. Would you/anyone be interested in a 3bed+study and if so how much would you pay? I can then let her know and ask her to get in touch with you. Thanks.
I am trying to help a distressed individual (job lost and have left the UAE) who owns a property in the Arabian Ranches. Would you/anyone be interested in a 3bed+study and if so how much would you pay? I can then let her know and ask her to get in touch with you. Thanks.
I thought i was in a shit position with car finance... property - ouch!
Jan 4th 2009, 10:32 am
#8
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Cost of living
It is awful. Am also speaking to some of the banks on their behalf.
I think banks will be forced to negotiate interest rates downwards or reschedule debt so that most of the EMI gets covered by rent - otherwise they're going to end up with a lot of problem debts. Let's hope they see some sense (especially the idiots that increased interest rates by 2-3.5% all of a sudden!)
I think banks will be forced to negotiate interest rates downwards or reschedule debt so that most of the EMI gets covered by rent - otherwise they're going to end up with a lot of problem debts. Let's hope they see some sense (especially the idiots that increased interest rates by 2-3.5% all of a sudden!)
Jan 4th 2009, 10:45 am
#9
banned
Joined: Oct 2008
Posts: 7,611
Re: Cost of living
3 bed AR,
lets go back to the correct rates for this....(pre stupid greed driven)
ill find someone for 120K pa..
lets go back to the correct rates for this....(pre stupid greed driven)
ill find someone for 120K pa..
Jan 4th 2009, 10:48 am
#10
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Cost of living
Am hoping the stupid bank brings down the rate and extends the loan tenor so that her EMI is at least close to the rent she can realistically expect in the current market.
Jan 4th 2009, 11:11 am
#11
Account Closed
Joined: Oct 2008
Posts: 2,502
Re: Cost of living
Whoa.
One of my coworkers owns a three bed+study in Arabian Ranches, detached villa, and her total yearly mortgage payment is 85,000 AED.
O'course, she and her husband were one of the first to buy into Arabian Ranches when it first opened.
One of my coworkers owns a three bed+study in Arabian Ranches, detached villa, and her total yearly mortgage payment is 85,000 AED.
O'course, she and her husband were one of the first to buy into Arabian Ranches when it first opened.
Jan 4th 2009, 12:37 pm
#12
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Cost of living
but for 120k you don't want one next to emirates road.. bloody traffic noise..
Jan 4th 2009, 3:59 pm
#13
Just Joined
Joined: Dec 2008
Location: Dubai
Posts: 3
Re: Cost of living
well dear friends, welcome to the gang, we are are so much fed up but now we have learned to live with the situation, anybody will have a chance and will fly in seconds, so wait for the time to come...till then enjoy
Jan 5th 2009, 3:25 am
#14
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Joined: Mar 2008
Location: all over the place
Posts: 759
Re: Cost of living
does that mean you are fed up because you have lost out or because you have flew the nest...?
