The name of the currency in Dubai and the United Arab Emirates is the Dirham (AED or Arab Emirate Dirham – also abbreviated to Dhs). There are 100 fils in a Dirham.
The Dirham Dollar exchange rate is fixed at a rate of 3.67 Dirhams to 1 United States Dollar (or 1 Dirham equals 0.272 US Dollars). This is the only peg the Dirham has and is subject to daily fluctuations against all other global currencies.
Like any major city, there is a wide range of property and accommodation available to suit any budget. Dubai is constantly growing with projects and districts being completed regularly. The size of the UAE allows easy travel between emirates, so you may wish to live further afield, there are no visa restrictions on where you must reside within the country. Finding a home is easiest with the help of a reputable real estate agent. Be sure to check that your chosen agent is a Real Estate Regulatory Agency (“RERA”) registered broker. If you wish to find a home on your own there are a number of trustworthy and effective online property finding portals, that allows you to search, compare and arrange viewings.
We hold a number of corporate debentures at selected schools in Dubai, this greatly assists our new employees to find a 'home' for their children. For further information on schooling in Dubai please visit whichschooladvisor.com