Dubai is no longer entirely dependent on oil revenues. Today they make up less than 1% of the emirate's GDP. Today Dubai is a major global trade and financial center that develops various directions, including business setup in Dubai, and opens its doors to foreigners willing to bring their knowledge and experience to the country, with the emirate responding with hospitality and a high quality of life. Significant contributions to Dubai's economy are made by industries such as wholesale and retail trade, logistics, finance and banking, construction, IT, and communications. Additionally, the tourism sector and hospitality industry are actively developing. Specialists in the healthcare field are also highly valued. It is expected that professions in these sectors will be in high demand.
Most in-demand professions
The list of the most in-demand professions in Dubai in 2024 may look as follows:
- Financial sector: financial analyst, accountant, investment banker.
- IT sector: software developer, data analyst, cybersecurity specialist.
- Hospitality sector: hotel manager, chef, event organizer.
- Healthcare: doctor, nurse, medical specialist.
- Construction: engineer, architect, project manager.
- RTA Fine Check and How to Pay Your Traffic Fine in Dubai: A Complete Step-by-Step Guide
- How to File Corporate Tax for UAE Freezone Companies
- How to Earn 1000 AED Extra Per Week in the UAE
- Oman Business Visa Guide
- How to Get an Oman Freelance Visa
- Can I register a trade name with the e-trader license?
- What are the renewal requirements?
- What kind of activities are allowed under the e-trader license?
- How long does it take to get an e-trader license?
- Can I use the e-trader license to open a physical store or office?
Salaries by industry
Salary in the UAE, as everywhere else, depends on qualifications, industry, work experience, as well as nationality and knowledge of English language. The lowest salary awaits candidates seeking jobs that do not require qualifications and who do not speak English. High-level specialists with a good command of English at least at C1 level can expect a high salary.
There is no officially established minimum wage in the Emirates. However, newcomers can expect a salary of at least 3000 dirhams per month. The cost of living per person excluding rent is about 4000 dirhams. If the salary is below the cost of living, the employer may provide compensation for accommodation, transport, and meals.
Candidates with qualifications and work experience can expect a salary starting from 8000 dirhams, and if they have a higher education diploma legalized by the UAE Ministry, from 16,000 dirhams. The average monthly earnings are about 20,000 dirhams. Below are examples of some professions with approximate annual remuneration levels ranged from specialists with little or no experience in the specified field to specialists with decent experience and additional qualifications*. Data is valid as of February 2024.
Skilled Jobs
Chief Accountant (SME): 246 000 - 410 000 dirhams per year
Financial Analyst: 176 000 - 300 000 dirhams per year
Credit Manager: 250 000 - 375 000 dirhams per year
IT Manager with >10 years of experience: 390 000 - 720 000 dirhams per year
IT Administrator: 157 000 - 370 000 dirhams per year
Project/Program Manager: 375 000 - 550 000 dirhams per year
HR Manager: 300 000 - 500 000 dirhams per year
Legal Counsel with 3-5 years of experience: 310 000 - 350 000 dirhams per year
*based on the data provided by the consulting company Robert Half
Unskilled Jobs
As for unskilled labor, the rates will be approximately as follows:
Taxi Driver - 4000-6000 dirhams per month
Waiter/waitress - 1500-2500 dirhams per month + benefits
Housemaid - 2000-4000 dirhams per month + benefits
Security Guard - 1500-4000 dirhams per month + benefits
Electrician - 1500-4000 dirhams per month + benefits
*based on statistics from LinkedIn
Salary by experience
The level of remuneration is also influenced by the candidate's experience. Those with 2 to 5 years of experience earn 35% more than those who are just starting their professional journey. When experience exceeds 10 years, the salary increases by an additional 20%, and beyond 15 years, an additional 15%.
What job positions do foreigners hold?
The Emirates is a multinational country where representatives of different cultures and religions successfully interact, and a high level of tolerance is maintained. The staff of companies is often ethnically diverse, but there are certain trends in personnel selection by nationality. Europeans, Britons, citizens of the USA, and post-Soviet countries usually hold high-skilled positions and receive higher salaries, starting from $10,000. Africans and Asians more often work in services and earn less. In addition, there are national preferences in choosing candidates for specific positions. For example, Indians and Pakistanis, who make up a significant part of Dubai's population, perform well in IT, accounting, construction, repair, and maintenance of technology. Africans and Filipinos are more often hired in customer service, as they are reliable, non-conflictual, and proficient in English.
Base rate and bonuses
Salary consists of a base rate and additional payments. The base rate is specified in the contract and covers contractual obligations. In addition to the salary, an employee may receive compensation for phone calls, transportation, housing, and meals. All these options depend on the specific company and are negotiated separately. Moreover, the company may operate a bonus system. As a rule, the more the company's income depends on the employee's performance, the higher their bonuses will be. The size of the bonus varies from 3% to 5%. Bonuses can be of the following types:
- Individual performance bonus
- Company performance bonus
- Task completion bonus
- Annual holiday bonus
The size of the bonus also depends on the industry.
- High bonuses are received by specialists in the following industries: finance, architecture, business development, marketing, sales.
- Average bonuses are received by workers in IT, healthcare, insurance, customer service, and HR.
- Low bonuses are typical in construction, transportation, and the hospitality industry.
Additionally, it is worth noting that when officially employing a foreign worker, the company covers the cost of their work visa, medical insurance, and provides paid leave in accordance with UAE labor law.
Salary and Taxes
A huge advantage of employment in the UAE is the absence of income tax, as well as taxes on dividends, interest, wealth, inheritance, gifts, and capital gains. This means that employees can spend all their earnings at their discretion.
Conclusion
Companies in Dubai offer their employees decent remuneration and an attractive benefits package. However, it is important to keep in mind that the cost of living in the emirate is high, with a significant portion being spent on housing. Expenses increase every year, while salary growth in some sectors is limited. To avoid reducing employee income levels, companies cut back on housing, medical, and education compensation. In the field of finance and accounting, average wages are expected to increase by 1.6% in 2024, in IT by 1.2%, in HR by 4.4%, in law by 0.65%, and in financial services by 1.2%.
However, the most attractive asset in this portfolio is high-standards of life in the Emirates, for which specialists are ready to make some sacrifices while continuing to enjoy all the benefits of residency in the UAE.

Elena O.
Got a question? Our expert is ready to help!
We will contact you within 1 business day to analyze your case, provide solutions, and calculate costs.
Smooth and speedy process from the initial contact to the final visa approval. Wale was super helpful and professional and always answered promptly all my questions.
Emirabiz is a red carpet service worth paying for and I want to thank Helen and her team for her dedicated support and her amazing follow-through. To launch a business in UAE and get…
Hi, I am Eric, from France. I am very satisfied by the work performed for me by Emirabiz. I was based in Saudi Arabia last year and I wanted to create my Company in UAE. I did everything…
Local Consultancy is quite simply excellent at what they do and the services that they provide. Business owner Elena is completely hands on, looking after my needs as a client personally,…
Strongly recommended! I needed to setup a company in the free zone and I ended up in the right place. Natela and Natalia were super helpful in assisting me in the process from the beginning…
Amazing company to work with. Very fast and efficient. Got all of our Paperwork done and visas + Emirates IDs in a very timely manner. Princess was wonderful and always followed up with me…
It's one of the best services that I received. I keep my relationship with this company for years now. Everything from Visa or Company related matters are resolved here with a very little…
From a scale from 0-10 in which 10 is out if this world amazing, Timi and her team deserve a 11! I decided to move to Dubai with my family and Working with Timi was by far the best decision…
Emirabiz Consultancy has consistently provided reliable and outstanding service for my visa renewal needs. I've been working with them for years, and I am very happy and satisfied with…
I worked with Timi on my golden visa process and she did an amazing job. Everything went smooth and fast! Highly recommend!
Assisted me in obtaining my Golden Visa. A big thank you to Parul Parikh for guiding me through the process and for ensuring that my application was successful. Craig
I had a wonderful experience with Emirabez. Parul Parikh helped in doing my Golden visa. It was completely smooth and hassle free. It was done very quickly. Parul was very cooperative and…
I'd like to thank Mrs. Parul from Emirabiz who has helped me sort out the UAE Residency paper for me. She was incredibly professional, very responsive, knowledgeable about the process, and…
Thank you very much for your service. All was done in a short time and in a very comfortable conditions. The level of Anna Soloviova is high. All her explanations and details of new company…
Your Service was fantastic and flawless! And a very, very special „Thank You“ for Nadia! She provided assistance to solve problems, responded immediately to E-Mails, amazing customer…
I am satisfied with the process, steps and speed of my company incorporation also you helped me a lot and very quickly.Turkey
Hi, I meet Natalia Consultant she help me a lot for my business information with quick response great job Natalia.Pradeep, Sri Lanka
We were considering options for opening a company in one of the free zones in the UAE and sought preliminary advice from Emirabiz. Consultant Natalia provided the most complete information…
I contacted Emirabiz for help in choosing and registering a company in a free zone in the United Arab Emirates. Natalia Maslina, a Business Setup Advisor, provided me with comprehensive…
So First of all thank you so much for your continuous help and quick reply for all my questions and doubts about the formation and setups. Also I am recommending this company for everyone…
I would like to acknowledge an outstanding customer service and comprehensive business development advice provided to me by Natalia. Her high level of professionalism and thoughtful…