Average Salary in the United Arab Emirates for 2024 | Cost of Living

Average Salary in the United Arab Emirates for 2024 | Cost of Living

The salary structure in the UAE for 2024 is designed to accommodate a variety of factors, including location, industry, and experience level. This article provides a comprehensive overview of the Average Salary in the United Arab Emirates to 2024, highlighting the compensation landscape.

The dirham used to pay salaries in the United Arab Emirates is known as AED, and the currency symbol is د.إ. By considering these key elements, individuals can gain a better understanding of the dynamic job market in the UAE and make more informed decisions regarding their career and financial planning.

Salary in UAE by Year and Month

We have recently conducted some surveys in United Arab Emirates and the information we got from these surveys we have shared with you through the table below. This information includes monthly and annual salary information.

Annual
Salary
Lowest
50,540 AED
Average
154,870 AED
Maximum
258,000 AED

In the table above, we’ve presented annual salaries in the United Arab Emirates. Similarly, below, we’ve included monthly salary information.

Monthly
Salary
Lowest
4,211 AED
Average
12,905 AED
Maximum
21,500 AED

Comparison of Salaries in UAE Cities

As demonstrated in the previous tables, we’ve examined the distinctions between annual and monthly salaries in the UAE. Now, we provide a city-by-city salary comparison, showcasing variations in compensation across the UAE.

City NamesAverage Salary (by month in 2024)
Abu Dhabi21,000 AED
Dubai19,500 AED
Sharjah18,400 AED
Al Ain17,600 AED
Ajman15,300 AED
Ras Al Khaimah13,450 AED
Fujairah12,270 AED
Umm Al-Quwain10,100 AED

Salary Overview – Median, Max, Min Wage, Starting, and Ranges

In this informative section, we will delve into the percentage of individuals earning high and low salaries. Additionally, we will provide insights into starting, median, and maximum salary levels, offering a comprehensive understanding of income trends and their underlying factors.

  • Minimum Salary

As mentioned earlier, salary in the UAE often depends on experience. The minimum and starting monthly salary in the UAE is 4,211 AED, with variations based on one’s experience level. Notably, 25% of the UAE population earns a basic salary of 4,211 AED per month, which includes most of the labor.

  • Median Salary

As previously discussed, salaries in the United Arab Emirates exhibit variations in line with experience. The median monthly salary in the UAE stands at 12,905 AED, with a quarter of the population, approximately 25%, earning this figure.

This median wage serves as a crucial benchmark for salary comparisons, considering the diverse experience levels within the workforce.

  • Maximum Salary

Continuing our exploration of salary dynamics in the UAE, we turn to maximum earnings. The maximum monthly salary in the UAE reaches 21,500 AED including employees of some famous private companies and government officials.

Specifically, about 50% of the population falls within this range. Understanding this upper limit provides valuable insight into the earning potential of a significant portion of the workforce in the UAE.

Read More: Top 25 Arab Countries Average Salary | Complete Guide for 2024

Salary Comparison by Experience in UAE

Securing a competitive salary in any sector or organization hinges on valuable work experience, and the United Arab Emirates is no exception. In UAE’s employment landscape, individuals without prior experience typically receive the minimum wage. However, those with 1 to 5 years of experience enjoy a 7% pay increase, while those with 6 to 10 years see a 16% boost in earnings.

For professionals boasting 11 to 20 years of experience, the premium extends to 22%, and those with over 21 years of expertise are rewarded with a substantial 29% salary enhancement. This structured approach to compensation demonstrates the UAE’s recognition of the significance of experience in determining wages.

Experience YearIncrease in income
0 Years Experiencelowest Income
1-5 years of experience7% Boosted
6-10 years of experience16% Boosted
11-20 years of experience22% Boosted
More than 21 years of experience29% Boosted

Salary Comparison by Education in UAE

In examining the correlation between education levels and income in the United Arab Emirates, a clear pattern emerges. The data reveals that educational qualifications play a pivotal role in determining salary scales:

  • Illiterate

This group typically receives a standard salary, with no significant income increase associated with education.

  • High School Graduates

Those who completed high school outperform the illiterate population, enjoying a notable 17% salary increase.

  • Certificate or Diploma Holders

Individuals with a certificate or diploma go a step further, securing a substantial 24% higher income compared to high school graduates.

  • Bachelor’s Degree Holders

The pursuit of a Bachelor’s Degree significantly enhances earning potential, as these professionals earn 29% more than those with a certificate or diploma.

  • Ph.D. Holders

While those with a Bachelor’s Degree experience impressive earnings, those who have earned a PhD receive a noteworthy 23% boost in income compared to Bachelor’s Degree holders. This data underscores the substantial impact of education on income levels in the UAE.

Read More: How to Open a Bank Account in the UAE? | A Complete Guide

Salary Comparison By Gender in UAE

Experience YearIncrease in income
Male7% more than Females
Female7% less than men

Men generally earn 7% more than women, which shows that Males earn more than Females. Conversely, Females earn 7% less than males. These disparities underscore ongoing challenges in achieving gender wage equality. Addressing these gaps is crucial for creating a fair and equitable work environment that values the contributions of both males and females, ensuring equal opportunities and rewards for all.

Salary Comparison By Professions in UAE

In the UAE, a diverse array of professions flourish, each offering unique opportunities and salary structures. Understanding the monthly earnings associated with these occupations can be extremely helpful for individuals seeking employment or considering a career change in this dynamic and growing economy. Below are some of the UAE professions and their salaries.

ProfessionSalary (by month in 2024)
Doctors21,500 AED
Software Engineers20,530 AED
IT Professionals18,400 AED
Investment Bankers16,600 AED
Pilots21,300 AED
Management Consultants13,450 AED
Lawyers21,270 AED
Dentists21,100 AED
Pharmacists12,100 AED
Labor2,600 AED
Accountant18,200 AED
Architect16,430 AED
Barber9,800 AED
Chef9,570 AED
Electrician4,500 AED
Fashion Designer17,210 AED
Financial Analyst19,216 AED
Firefighter16,300 AED
Graphic Designer16,800 AED
Human Resources Manager11,110 AED
Journalist20,900 AED
Judge21,500 AED
Marketing Manager18,300 AED
Nurse14,100 AED
Occupational Therapist12,540 AED
Painter4,000 AED
Police Officer9,800 AED
Real Estate Agent21,208 AED
School Teacher20,476 AED
Technical Writer19,160 AED

Bonuses | Average Salary in the United Arab Emirates

Several types of bonuses are considered in employment:

  1. Individual Performance-Based Bonuses: Employees receive rewards based on their exceptional performance.
  2. Company Performance Bonuses: Some companies share excess earnings and profits with all staff as collective bonuses, varying by role.
  3. Goal-Based Bonuses: Given upon achieving significant goals or milestones.
  4. Holiday / End of Year Bonuses: These are appreciation tokens offered without specific reasons or occasions.

FAQs

What is the average hourly, and minimum hourly wage in the United Arab Emirates?

The average hourly wage in the United Arab Emirates stands at 83 AED, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 14 AED, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in the UAE.

How much is the government vs private sector salary difference?

There exists an approximately 8% salary disparity between government and private sector employment in the United Arab Emirates. Government employees tend to enjoy an 8% salary advantage, accompanied by additional benefits such as housing and car allowances. This discrepancy reflects the variations in compensation packages and perks that are often extended to those in public service roles in the UAE.

What is the cost of living in UAE in 2024?

In 2024, living in the UAE entails various costs. For accommodation, monthly rent ranges from 7,000 to 20,000 AED. Grocery expenses vary from AED 1,500 to 4,000 for a single person or a family of four. Dining out costs between 100 to 200+ AED per person.

Transportation includes a monthly pass for 300-500 AED and taxi rides for 100-150 AED. Utilities may total 500-1,000 AED per month, phone bills 100-200 AED, gym memberships 200-300 AED, and movie tickets 50-100 per person AED.

The UAE offers relatively affordable living, yet careful budgeting is advised, as individual circumstances may lead to variations in costs.