Dubai and Abu Dhabi climb world high-cost rankings



DUBAI // Dubai has the most expensive wine and beer in the world and is the second most costly city for dining out, a global study has found.

Dubai was the 29th most expensive city in the world to live in while Abu Dhabi ranked 40th, according to cost of living experts Expatistan.com.

“In the last year we have seen an increase in the cost of living for expatriates in the Emirates,” said Gerardo Robledillo, chief executive of the comparison website. “In last year’s ranking Dubai was only the 64th most expensive city, and Abu Dhabi just the 57th.”

Expatistan produced its 2015 summer report yesterday after comparing information from 345,000 contributors to calculate average prices in 1,958 cities in 202 countries.

They determined which global cities were the most wallet-busting based on current costs of housing, clothes, transport, personal care, entertainment and food.

It found a pint of beer in Dubai cost Dh42 while a bottle of good quality red table wine cost Dh103. The cost of alcohol in the emirate was the highest in the world. In the UK, a pint costs Dh25, while a bottle of wine in the United States costs Dh51. It was also much higher than Abu Dhabi, where a pint costs Dh33 and a bottle of wine Dh50.

Dubai ranked second highest for dining out, coming in after only Grand Cayman island. A dinner for two at an Italian restaurant including wine and dessert costs, on average, Dh490 in the emirate.

Of the 11 Middle Eastern cities included in the study, Dubai is the most expensive to live in, followed by Abu Dhabi.

This could be attributed to sky-high housing and entertainments costs compared with cities in Bahrain, Israel, Jordan, Saudi Arabia and Turkey.

Using the site to compare Abu Dhabi and Dubai, it shows that housing is 20 per cent more expensive in the capital, with monthly rent for a 900-square-foot furnished accommodation in an expensive area, setting back residents Dh11,042 rather than Dh8,466.

Abu Dhabi ranked seventh in the world after Hong Kong, London, Doha, New York, Zurich and Singapore, for its rent prices. While accommodation costs more in Abu Dhabi, food, clothes, transport and entertainment are 11 per cent, 14 per cent, 33 per cent and 19 per cent respectively cheaper than Dubai.

Fujairah is the cheapest place to live in the Emirates.

Three of the five most expensive places in the world to live are in Switzerland where Zurich and Geneva are ranked first and second, followed by Grand Cayman in the Cayman Islands, London, and Bern, also in Switzerland.

jbell@thenational.ae

The years Ramadan fell in May

1987

1954

1921

1888

Match info

Uefa Champions League Group H

Manchester United v Young Boys, Tuesday, midnight (UAE)

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

Final round

25 under -  Antoine Rozner (FRA)

23 - Francesco Laporta (ITA), Mike Lorenzo-Vera (FRA), Andy Sullivan (ENG), Matt Wallace (ENG)

21 - Grant Forrest (SCO)

20 - Ross Fisher (ENG)

19 - Steven Brown (ENG), Joakim Lagergren (SWE), Niklas Lemke (SWE), Marc Warren (SCO), Bernd Wiesberger (AUT)

Company Profile

Name: Neo Mobility
Started: February 2023
Co-founders: Abhishek Shah and Anish Garg
Based: Dubai
Industry: Logistics
Funding: $10 million
Investors: Delta Corp, Pyse Sustainability Fund, angel investors

BRIEF SCORES

England 353 and 313-8 dec
(B Stokes 112, A Cook 88; M Morkel 3-70, K Rabada 3-85)
(J Bairstow 63, T Westley 59, J Root 50; K Maharaj 3-50)
South Africa 175 and 252
(T Bavuma 52; T Roland-Jones 5-57, J Anderson 3-25)
(D Elgar 136; M Ali 4-45, T Roland-Jones 3-72)

Result: England won by 239 runs
England lead four-match series 2-1

UAE currency: the story behind the money in your pockets

The UAE Today

The latest news and analysis from the Emirates

      By signing up, I agree to The National's privacy policy
      The UAE Today