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 210,500 AED (17,541 AED monthly) offers a comfortable foundation. However, salaries can vary significantly based on experience. Starting associates might earn around 103,440 AED annually (8,620 AED monthly), while seasoned or specialized professionals can reach top salaries of 330,900 AED 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:
Education Wise Asset Management Associate Salary in Dubai
It is common knowledge that a person’s income varies with their educational attainment. It is a well-known fact 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 | 159,100 AED |
Certificate or Diploma | 228,500 AED |
Bachelor’s Degree | 314,500 AED |
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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 | 160,000 AED-190,000 AED |
RAK Hospitality Holding | 120,000 AED-160,000 AED |
LEOS International | 150,000 AED-260,000 AED |
Urban – Real Estate | 60,000 AED-100,000 AED |
Meraas | 149,000 AED-200,000 AED |
Dubai Developments | 60,000 AED-90,000 AED |
IFA Hotels & Resorts | 320,000 AED-400,000 AED |
Equitativa Group | 300,000 AED-380,000 AED |
Ocean Infinity | 270,000 AED-300,000 AED |
PwC | 220,000 AED-260,000 AED |
The First Group | 80,000 AED-90,000 AED |
Keolis | 108,000 AED-120,000 AED |
The Meydan Hotel | 130,000 AED-150,000 AED |
Baker Hughes | 300,000 AED-400,000 AED |
Emirates Auction | 160,000 AED-190,000 AED |
AECOM | 100,000 AED-300,000 AED |
Ròya International | 200,000 AED-300,000 AED |
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.
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 | 78,000 AED |
Asset Management | 82,000 AED |
Portfolio-Analyst | 67,004 AED |
Portfolio-Manager | 55,000 AED |
Investment Consultant | 68,000 AED |
Relationship Manager | 56,000 AED |
Risk Manager | 60,000 AED |
Private Banker | 59,000 AED |
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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 salary just like analysts are 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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