Living in Dubai: The Complete Financial Guide
Everything you need to know about banking, salaries, and sending money home from Dubai.
Dubai is a global hub for expatriates, drawing in people from over 200 nationalities with the promise of tax-free salaries and excellent living standards. However, managing money effectively in a new country can be daunting.
Opening a Bank Account
To open a corporate or personal bank account in Dubai, you typically require an Emirates ID, a valid residency visa, and a salary certificate. Popular options for expats include Emirates NBD, Mashreq Bank, and ADCB.
Sending Money Home
Given the massive expat workforce, the UAE is the second largest source of remittances in the world. Rather than relying on traditional banks to continuously transfer parts of your salary home every month, using specialized money transfer companies can save you a fortune in hidden exchange rate margins.
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Compare ratesFrequently asked questions about living in dubai: the complete financial guide
Frequently Asked Questions
Editorial guides to help you send money from UAE
Step-by-stepHow to Send Money to India from UAE — Step by Step
Cost guideCheapest Way to Send Money from Dubai — Full Comparison
ComparisonWise vs UAE Exchange Houses — Real Cost 2026
TimingBest Time to Send Money from UAE — WPS Week Guide
Speed guideInstant Money Transfer UAE to India — Fastest Providers
WPS guideWPS Salary Day UAE — Best Time to Send Money Home
Questions you may have
About the author
Sara Hassan
Sara is a UAE-based financial writer specialising in international money transfers and exchange rate analysis. With over 6 years of experience covering the UAE remittance market, she helps expatriates find the most cost-effective ways to send money home from the Gulf.
Independent · Editorial · No Paid Rankings
Why You Can Trust Us
remit.ae is an independent information platform built for UAE residents and expats. We do not transfer money, hold funds, or operate as a money transmitter.
Our corridor guides, provider pages, and method comparisons are for informational purposes only. Always verify final rates, fees, and availability directly with the provider before sending any funds.
Built for UAE expats and residents comparing money transfer options.
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