IS 20K derhams as full package good in dubai?

Question

i'm married with 2 small kids, can i save money?

Answer 1

Dear Friend

The Salary Package is OK for you to live with your wife & Kids here in Dubai.

You may able to save something.

An average cost of accommodation for 1BHK/Studio will be AED60K-AED120K per annum, and rest in your hands, purely depends on the spending style of you.

Anyhow you can lock the total (including housing) budget per month as AED 10K and you can save AED 10K per month.

If your kids are too young, then no need of worry about the schooling fee now. If it apply, budget will come higher

Best of Luck

Thx

Answer 2

As a start it is good. Saving depends on lifestyle, still, for a fairly relaxed living for the whole family on all aspects, guess you will consume 17-19K which leaves you with almost minor saving.