Dubai is one of the most luxurious cities in the world. It keeps taking top positions in various ratings as the richest and most beautiful city.

Many people would like to come to Dubai to feel the marvelous aura and see the excellent sophistication that is characteristic of this wonderful place. The interesting question, however, is how much it costs to live here? Let's make some calculations together.

The price range for renting a home in Dubai is extremely wide: from AED 1,500 to AED 15,000 per month which is approximately $ 400 , $ 4,000. The cheapest apartments are on offer in the Old City, Deira. This is an area with no skyscrapers and other masterpieces of architecture , it's like a usual, average town.

As a rule, Indians and Pakistanis who have come to Dubai to make some money rent apartments here. A few guys would chip in together to collect AED 1,500 ($400) and rent the so-called shared accommodation: a room with beds and wardrobes, with 25 people living in it.

Renting a small studio in this area will cost you some AED 4,000 a month, i. e. about $1,100. Please note that apartments are rented with no furniture or domestic appliances  you'll have to buy all you need. Accordingly, the closer you get to the city center, the more expensive  and more comfortable  housing gets.

As for short-term rentals and hotels, prices are completely different, too  you can find a room, apartment or hotel for $ 30 a day or you could spend some $ 1,000. On a side note, hotels here are far from being the most expensive in the world  you could even say the prices are quite affordable for a vacation at this level of comfort.

Generally, you could find here an apartment fitting every taste and wallet  it all depends on your personal budget. You could stay in Dubai for a few days having quite a modest amount in your wallet. If, however, you have enough money, we recommend you to forget about saving money and to go all out. We only live once!