$24,000 per year in Dubai
Is it possible to live in USD 2,000 per month in Dubai? Expecting an exceptional opportunity with a family office but they pay their Analysts very poorly. Any insights will be super helpful. Thanks!
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That sound nearly criminal/slave labor. Will you live in a shoebox? Since it's Dubai, and its a FO, they gotta be able to pay a living wage??
I feel the same but they made it very clear that they can get local talent at that rate. Only reason I'm considering them is because they are a very prominent family office and I think the fact that they invest in all asset classes would be a rich experience.
what is the range of capital you'd be working with? idk your background, but i feel like you can find good ops here in the US... Know your worth, king. Doesn't sound like they'd value you.. If you're bringing US talent, you should be paid at least US wage. No color on the bonus structure either?
a security guard in a third tier us city makes more than that. Absolutely do not take that offer
When my family moved to the US, my dad made 26k working in retail. I've never heard of an analyst making 24k. If they're so prominent and the opportunity is so exceptional, you'd think they would pay you at least a livable wage.
Lmao, once again an example of the Oil Kings hiring slave labour from India
Arabs in Dubai are disgustingly racist and known for using what amounts to slave labor by paying people of your ethnic background (Asian/African/Indian) next to nothing. Don't do it. Fuck those people and their oil money.
Agreed. Fuck those racist douchebags
$24k / year from the royal family... fuck those guys honestly
That pay is ridiculously low.
Another thing to consider, and this is a generalization from people I know with close contacts there, is that the structures at the firms tend to be extremely hierarchical. The development opportunities are limited, you speak when it is your turn, you do the tasks you are asked, you don’t have a voice until you become more senior and that rarely happens with people outside the inner circle. So you are risking a lot in terms of career growth.
Jesus if I were a wealthy autocrat I’d be fucking embarrassed to pay someone that. They’re not hurting for cash, are they?
Jesus if I were a wealthy autocrat I’d be fucking embarrassed to pay someone that. They’re not hurting for cash, are they?
...they literally own a country
Do not take it. You will not be able to afford a decent lifestyle with that salary, just stay put and wait for something better.
I live and work in Dubai, and the salary that you're quoting seems very very low.
As a benchmark, an incoming analyst for IB/PE/VC could expect around 18k-25k AED a month, with certain outliers paying higher than that.
Sounds like they're trying to take advantage of you. Would not recommend. I also think you may be overestimating how many doors this will open for you in the future, but I'm not in this space so I can't say too much.
Lol
Do not take that job or any job with that salary.
They are trying to rip off people. With this level of criminal energy on their part, I wouldn't be so sure if you will get paid at all. And this is a foreign country with little legal recourse for expats.
When I first read the title, I thought you were asking if 24k USD in rent in Dubai would be low. And my answer to that would be yes. It won't get you far in Dubai. The thought of someone living on 24k USD is appalling. Decline the offer and look for something else.
For reference, my dad used to work in Dubai and the housing allowance was c. 6-8k USD/month for the expats.
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