How to Become Filthy Rich in Dubai? (2024)

“If you are born poor it’s not your mistake, But if you die poor it’s your mistake.” ~Bill Gates

Dubai is a fun and frivolous playground on the Persian Gulf, but don’t consider it the Vegas of the Middle East. But of course,you can actually become wealthy in any country on the planet. Just depends on what idea you come up with. And if strikes right you will turn wealthy in a blink of an eye.

Dubai famous by the name ‘City of Gold’. Just take a walk across Souk in Deira and you will exactly know why Dubai is called ‘the City of Gold’. The first and the oldest gold market where there are more than 300 jewelry retailers. It is said that the market holds approximately 10 tons of gold at any given point. Plus, there’s enough outside the Gold Souk to justify the title!

Well, of course, you cannot earn all that gold but the good news is that we can set you on your path to success. If you really want to succeed and get rich there are some norms in Dubai that can help you achieve richness.

Teach a New Language

Do you know more than one language? If yes, you are lucky. If not, learn one. My friend from Egypt can speak upto 4 languages which include Arabic, English, Italian and Japanese. I suggested him to start teaching one language. And now he is teaching all 4. ‘Not only do I make some income, but I’m especially interested in teaching Arabic to English, Italian and Japanese people as it’s a good language exchange.’ Of course, you will meet people from all cultures and you will build a network of a variety of people. Spinneys noticeboards are quite popular when putting language advertisem*nts, do try them.

Sell Custom Clothes

A rip here and a rip there, you have your custom cloth ready to sell. By accident, you can create some beautiful masterpieces. Customized clothes are one way to make some serious money. The good thing about custom clothing is that you can charge whatever you feel like and people with passion will gladly give whatever you ask. You even don’t have to put that many resources in the start. Just start from your home and start making money. ‘Don’t throw clothes away. Find a seamstress, change the length, buy some ribbons. A few changes could give a whole new look to those old pieces.

Bake a Cake and Sell from Home

Next hottest thing in Dubai is selling cakes from home. Many females, and now even the males are selling custom cakes. If you have some interest in baking, just YouTube some channels and learn some exciting recipes. The good thing about baking is that you can add your personal flavor in it. The way you like it. You can start from your kitchen and start expanding as you grow. A friend of mine started from home. Just one Instagram account. Now she has 5 employees and above 8,000 Instagram followers. The only thing you need is persistence.

Be Creative and Sell Some Crafts

If you’ve got a talent for basket-weaving, knitting or any other such skill, get in touch with ARTE Souks. A resource that will surely help you in selling your crafts online. You just have to be creative. And people will love to pay you whatever you ask for.

Sell your Photos

Do you love taking shots? Well here is your chance to enhance your photography skills and earn something from it. There are websites like iStock and Shutterstock that will pay you for your pictures. Go out there in the city and click some photos. Send those photos to the above websites and they will pay some percentage of their profit. This is no doubt one of the most creative ways to earn. But again this takes practice and persistence. If you don’t practice your craft how can you take that perfect shot? Before going out there make sure you polish your skills well.

Design and Develop Websites

My friend is a computer graduate. He started DubaiMonsters.com aweb design dubai based agency with a one man army. Now he is operating his software house in 3 countries all across the globe. You can also start small and go big. But the first step is to start. If you are computer engineer you can polish your skills a bit before starting out on the big scale. Try taking some freelance projects and make your profile in freelancer.com. From here you can start taking projects and start full-time work.

Start a Blog and Start Earning

ProBlogger started with one blog in a week. Now he is blogging every hour and earning some heavy bucks from it. You can start with your personal blog. Start with something you love and something you know better than others. Start talking about it. Give tips. Take feedback. And build a reputation of knowing it all on the subject.

There are some of the ways by which you can start earning from home. You can find your own ways too. Figure out your sideline hobbies and start with them. You can easily start work with something you love to do and people will love to pay you whatever you ask them. But make sure you give your best when doing some work. Sincerity has its own rewards. Make sure you earn them all.

How to Become Filthy Rich in Dubai? (1)

Muneeb Qadar Siddiqui

Muneeb Qadar Siddiqui is a blogger/Social Media fervent. Nestled in the heart of digital cosmos, of course not married (for now, at least!) but his first love is blogging on digital marketing, web design & development, corporate branding, and e-commerce solutions. Fused with passion and astronomical view of the digital galaxy. Muneeb loves to connect with fellow bloggers and share ideas that work. For awesomeness do connect with him:Facebook |Twitter |Linkedin

How to Become Filthy Rich in Dubai? (2024)

FAQs

How to become rich in Dubai? ›

In conclusion, achieving financial success and building wealth in Dubai requires a combination of practical tips and strategic approaches. By implementing sound financial practices, such as budgeting, saving, and investing wisely, individuals can lay the groundwork for long-term financial growth.

How much money is considered rich in Dubai? ›

House managers would need to manage laundry, silver service, make sure food is served on time, menus are curated and adhere to any regimes the clients are going through.” You need a net worth of $1.6 million to join the UAE's richest 1 per cent, according to a report in May by global property consultancy Knight Frank.

Why do billionaires go to Dubai? ›

Why the world's richest have secretly moved into Dubai How many billionaires live in Dubai? The world's wealthy have been drawn to Dubai because of its tax-free environment, luxurious lifestyle, and its position as a global hub for business and finance.

How can I make serious money in Dubai? ›

There are several ways to make money from home in Dubai. You can consider options like online tutoring, selling art or crafts online, freelancing in areas like web development or content writing, or even starting a blog to generate revenue through ad placements and product reviews.

What is the top 1 income in Dubai? ›

In the United Arab Emirates, for example, $922,000 is the annual pretax income required to bump you into the 1%. In much of the developed world, by contrast, an income of $200,000 to $300,000 will land you in the top 1%. In America, where income inequality has widened, it takes $488,000 to enter the top 1%.

How did Dubai get rich so quickly? ›

The discovery of oil in 1966 changed everything and transformed Dubai into a wealthy city almost overnight. Oil and gas exports generated huge revenues for the city and enabled it to invest in infrastructure, public services, and social programs.

What is the minimum wage in Dubai? ›

There is no minimum wage in the UAE, so it does not vary by industry or job role. However, there are minimum monthly salaries for certain professions. Are there any exceptions to the minimum wage in the UAE? Since there is no minimum wage in the UAE, there are no exceptions related to it.

What is a good salary in Dubai? ›

Let's begin. If you don't want to read the whole blog, here is the bottom line; a salary of AED 10,000 - 15,000 (USD 2,700 - 4,000) a month is considered pretty decent with the potential to save a good amount, while a salary of AED 15,000 - 20,000 (USD 4,000 - 5,400) per month and more is considered very attractive.

How much does it cost to live in Dubai for a single person? ›

The average cost of living in Dubai as an Individual is about USD $1,975 a month on living expenses. For a family of 4, the monthly expense is approximately USD $4,546 a month. The prices are expensive but affordable as the average annual salary in Dubai is USD $53,148.

Who is the richest family in Dubai? ›

The head of the Al Nahyan family, Sheikh Mohammed bin Zayed Al Nahyan, is the ruler and President of the United Arab Emirates (UAE). The Al Nahyan family is known for being royals, oil tycoons, and politicians-- all of which contributes to their vast wealth.

Is Dubai safe for tourists? ›

Dubai is, in fact, one of the safest Middle Eastern cities for tourists. Its stricter laws mean that crime is kept to a minimum, and many tourists feel much safer in Dubai than they do in other parts of the globe. The crime rate in Dubai is much lower than comparable countries in other regions in the world.

Do rich people live in Dubai? ›

There are estimated to be about 26,000 millionaires in Dubai out of 3.3m people.

What is lavish salary in Dubai? ›

At the minimum, you can get by in Dubai with a salary of just about USD $1,634 (AED 6,000). This ensures that you can afford just your basic necessities. On the other hand, to live a luxurious life in Dubai, you would need a salary of over USD $12,251 (AED 45,000).

Can I make good money in Dubai? ›

A comfortable monthly salary range in Dubai is about USD $4,900 to USD $8,168 (AED 18,000 – AED 30,000). The actual amount depends on your needs and circ*mstances. At the minimum, you can get by in Dubai with a salary of just about USD $1,634 (AED 6,000). This ensures that you can afford just your basic necessities.

How to get money from Dubai? ›

Step 1: Open a new DBS Treasures NRE savings account from anywhere. Our dedicated Relationship Manager will help you get started. Step 2: Log in to your local savings account abroad and choose an international funds transfer or a remittance option.

Is Dubai for millionaires? ›

Dubai is the only Gulf city ranked among the world's top 50 cities in millionaire population, but Henley & Partners listed Abu Dhabi, Riyadh and Jeddah in its top 15 cities to watch due to their strong wealth growth potential.

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