AED 14,400 per year (Rs. 3,19,441approx.). Strong post-study work prospects, a booming economy, tax-free income, easy visa policies, and a growing job market are some of the additional advantages for international students who wish to study in Dubai.
Indians now study in more than 240 countries globally, the Ministry of External Affairs informed Rajya Sabha last month. The UK, US, Australia and Canada still remains the preferred choice, but students are also considering countries like Uzbekistan, Philippines, Russia, Ireland, Kyrgyzstan, and Kazakhstan.
Trade links between the two countries are getting ever tighter. Behind these companies stands a vast diaspora: 3.5m Indians live in the uae, compared with 1.2m Emiratis. These expats collectively sent home $20bn in 2021, a transfer exceeded only by remittances from America to Mexico (see chart).
Mukesh Wadhumal "Micky" Jagtiani (15 August 1952 – 26 May 2023) was an Indian billionaire businessman based in the United Arab Emirates, and was the chairman and owner of the Dubai-based Landmark Group.
Developed by Nakheel, Jumeirah Village Circle (JVC) tops the list of popular areas for Indian expats to live in Dubai. With excellent amenities on offer, landscaped gardens and a wide range of properties, there is a lot going on in this community.
Life in Dubai for Indian expats is also extremely comfortable due to the religious freedom and places of worship for other faiths in Dubai. Aside from the stunning mosques that can be found across the city, Dubai is also home to churches, a Sikh Gurudwara and Hindu, Jain and Buddhist temples.
There are more than 200 nationalities living and working in the UAE. The expatriate community outnumbers the population of UAE nationals. Indians form the largest foreign community in the UAE, followed by Pakistanis, Bangladeshis, other Asians, Europeans and Africans.
In Australia, there are 1,00,009 Indian students studying across various Australian universities as per the report released by the Indian External Affairs Ministry for the year 2022.
According to Salary Explorer, the average salary in Dubai is 258,000 AED per year (70,256 USD as per exchange rates in 2023). This figure can help you get an overview of Dubai's economy and its standard of living.
Employees in Dubai earn an average of ₹28lakhs, mostly ranging from ₹20lakhs per year to ₹50lakhs per year based on 1050 profiles.
Indians favour Dubai due to its proximity to India. Only a short three to five-hour plane trip means you are not too far from your family. Visiting, even for just a long weekend, is a breeze. Moving to Dubai is also more accessible due to its relative closeness to India.
Immigration boom
The discovery of oil brought with it an influx of workers from India from the mid-1960s onward. Many came via sea, a trip of about three days from Bombay (now Mumbai) to Dubai.
Education in India is much better compared to the education in Dubai. The teachers in India are highly qualified and highly paid, whereas the teachers in Dubai are mostly housewives on their husband's visa and are paid very less. Indian parents by and large still have a clear and distinct bias for Science.
Can Indian nationals buy a property in Dubai? Yes, Indian nationals can buy property in Dubai. In fact, Indians have ranked amongst the top nationalities to invest in Dubai real estate for several years. As per Indian laws, purchasing a property in Dubai is legally okay.
In 2019, the number of visitors to Dubai was 16.7 million. According to data released by the Department of Economy and Tourism Dubai, 1.24 million Indian tourists visited the emirate in the first nine months of 2022, the highest among all foreign nationalities.
NEW DELHI: Nearly 35,000 Indians own almost 69,000 properties worth $30 billion or Rs 2.4 trillion in Dubai, emerging as the largest foreign owners, both by value of properties owned and the number of properties owned, in this emirate.
Mukesh (Micky) Jagtiani is an Indian billionaire based in the United Arab Emirates (UAE). He is the president and owner of the Landmark Group which started with only one store in Bahrain. He went to London to get a degree in economics but dropped out to pursue his entrepreneurial journey.