Asset Management Associates help to accelerate career growth and opportunity in the asset and investment management industry. This role requires managers to regularly study and respond to market changes, as well as communicate with clients about potential changes that may impact investment portfolios or other forms of assets. Increasing demand in the banking sector opens various job openings for banking professionals. If you have a relevant degree or any certification in asset management, you have a big opportunity to kick-start your career with initial and entry-level job options such as an asset management associate. But before starting or entering any career option, knowing an average earning potential is one of the main factors. If you want to know how much an Asset Management Associate Salary in Dubai is, This article delves into a detailed description of the average earnings of an asset management associate in Dubai.
This Blog Includes:
- What is the Average Asset Management Associate Salary in Dubai?
- Experience Wise Asset Management Associate Salary in Dubai
- Education Wise Asset Management Associate Salary in Dubai
- Organisation Wise Asset Management Associate Salary in Dubai
- City Wise Asset Management Associate Salary in Dubai
- Positions Wise Asset Management Associate Salary in Dubai
- FAQs
What is the Average Asset Management Associate Salary in Dubai?
A career in Asset Management can be financially rewarding in Dubai’s booming financial sector. The average annual salary of AED 210,500 (17,541 AED monthly) offers a comfortable foundation. However, salaries can vary significantly based on experience. Starting associates might earn around AED 103,440 annually (8,620 AED monthly), while seasoned or specialized professionals can reach top salaries of AED 330,900 per year (27,575 AED monthly). This highlights the strong earning potential that awaits ambitious and skilled Asset Management Associates in Dubai.
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Experience Wise Asset Management Associate Salary in Dubai
Just as higher experience has a positive effect on income, so does extensive employment experience. A paid poll by salaryexplorer.com claims that basic pay frequently doubles for employees who hit the ten-year experience mark. An explanation of how salaries in Dubai increase with work experience is provided below:
Experience Year | Average Salary Per Year |
0-2 Years | AED 125,100 |
2-5 Years | AED 159,100 |
5-10 Years | AED 217,900 |
10-15 Years | AED 272,800 |
15-20 Years | AED 288,700 |
20+ Years | AED 308,300 |
Education Wise Asset Management Associate Salary in Dubai
It is common knowledge that a person’s income varies with their educational attainment. It is well-known that earning a higher degree typically translates into a more attractive compensation package. The salary comparison that follows is based on educational attainment and assumes that all workers have the same amount of work experience:
Education | Average Salary Per Year |
High School | AED 159,100 |
Certificate or Diploma | AED 228,500 |
Bachelor’s Degree | AED 314,500 |
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Organisation Wise Asset Management Associate Salary in Dubai
The pay scale for an Asset Management Associate in Dubai, as well as industry comparisons. Furthermore, you will learn about Dubai’s most sought-after jobs and the high earnings they are bringing in this year. The following businesses have been added, and they have a variety of positions available for Asset Management Associates:
Organisation | Average Salary Per Year |
MAF | AED 160,000- AED 190,000 |
RAK Hospitality Holding | AED 120,000- AED 160,000 |
LEOS International | AED 150,000- AED 260,000 |
Urban – Real Estate | AED 60,000- AED 100,000 |
Meraas | AED 149,000- AED 200,000 |
Dubai Developments | AED 60,000- AED 90,000 |
IFA Hotels & Resorts | AED 320,000- AED 400,000 |
Equitativa Group | AED 300,000- AED 380,000 |
Ocean Infinity | AED 270,000- AED 300,000 |
PwC | AED 220,000- AED 260,000 |
The First Group | AED 80,000- AED 90,000 |
Keolis | AED 108,000- AED 120,000 |
The Meydan Hotel | AED 130,000- AED 150,000 |
Baker Hughes | AED 300,000- AED 400,000 |
Emirates Auction | AED 160,000- AED 190,000 |
AECOM | AED 100,000- AED 300,000 |
Ròya International | AED 200,000- AED 300,000 |
City Wise Asset Management Associate Salary in Dubai
Due to the good population size in Dubai, salaries vary depending on where you work in Dubai, as do the costs associated with those locations. Dubai is a desirable area to work in because salaries there are 10% higher than in other regions of the United Arab Emirates. Compared to other nearby UAE cities, the average income in Dubai for an asset management associate is 21,500 AED.
Cities | Average Salary Per Year |
Abu Dhabi | AED 228,500 |
Sharjah | AED 221,500 |
Ajman | AED 207,700 |
Al Ain | AED 214,000 |
Fujairah | AED 194,600 |
Khor Fakkan | AED 106,570 |
Positions Wise Asset Management Associate Salary in Dubai
The many professions in Dubai have different salary ranges. Additionally, the pay differs according to the duties that one does in that industry. The breakdown is shown below.
Positions | Average Salary Per Year |
Banking Analyst | AED 78,000 |
Asset Management | AED 82,000 |
Portfolio-Analyst | AED 67,004 |
Portfolio-Manager | AED 55,000 |
Investment Consultant | AED 68,000 |
Relationship Manager | AED 56,000 |
Risk Manager | AED 60,000 |
Private Banker | AED 59,000 |
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FAQs
The salary range for an Ar Associate in the United Arab Emirates is AED 1,671 to AED 2,506, with an average monthly income for individuals with two years of experience ranging from AED 1,880 to AED 2,297.
The average monthly wage for associates in the UAE varies from AED 7,421 for those with one year to AED 31,111 for those with twenty-one to thirty-one years of experience. Based on 162 recent salaries, salary estimates have been calculated.
An associate investment banker’s base pay might be anything from AED 68T to AED 4L annually. It is around AED 4,77,360 annually on average. The information comes from Glassdoor. They are entitled to a salary just like analysts on July 1, 2024.
Those who enjoy intellectual challenge, have a thorough understanding of financial markets, and are naturally curious are usually suitable candidates for careers in asset management pay is competitive.
This is all about the average Asset Management Associate Salary in Dubai. If you are also interested in knowing more about banking professions with their highest earning potential, follow Leverage Edu and stay connected with our main page, Jobs Abroad.
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