
The least expensive community is International City, with average service charges of Dh6.5
Living in the UAE is comparable to other major cities around the world. Accommodation is typically located in widespread central areas in high rise apartment buildings, villas (houses) and town houses. The buildings have recreational facilities, appliances and parking.
The table below provides a general guideline of two examples of median monthly cost of living estimates.
The least expensive community is International City, with average service charges of Dh6.5
The UAE government could diversify its revenues and strengthen its fiscal position by implementing not just a value-added tax (VAT) system, but also a special excise on cars and corporate income tax on all companies.
In an August 2015 report, the International Monetary Fund (IMF) said the UAE could generate extra revenues worth as much as 4.1 per cent of the non-hydrocarbon domestic product (GDP) by introducing a 15 per cent ad valorem tax on passenger vehicles and broadening the coverage of its corporate income tax scheme, aside from collecting a five per cent VAT. Read more