One app for all your study abroad needs
Dubai is a hub for top banks and offers lucrative career opportunities for bankers. This city’s thriving financial sector attracts top talent from around the world, and with demand are the competitive salary packages offered to the banking profession. With a reputation for high living standards and a tax-free income, Dubai has cemented its position as a desirable location for bankers seeking both professional growth and financial rewards. One of the key attractions of banking employment in Dubai is the attractive compensation and benefits packages they offer. Competitive pay is expected for banking professionals in Dubai; however, actual compensation varies depending on experience, qualifications, and role. For more information about Banker Salary in Dubai read this article.
This Blog Includes:
How Much Does a Banker Earn in Dubai?
Banker Salaries in Dubai exhibit a substantial range. On average, bankers in Dubai earn an annual salary of AED 201,100, which translates to a monthly income of 16,758 AED. However, this is just the mean; actual salaries can vary significantly. At the lower end of the spectrum, a banker might earn a minimum of AED 105,940 annually or AED 8,828 monthly. Conversely, those at the top of the pay scale can command salaries as high as AED 308,900 per year, equivalent to a monthly income of AED 25,74. These figures underscore the potential earning power of banking professionals in Dubai, though it’s essential to note that salary levels can be influenced by factors such as experience, job role, and employer.
Benefits including housing allowances, health insurance, and yearly bonuses are frequently offered in addition to the base pay. In addition, compared to many other international financial hubs, banking professionals can optimise their earnings and have more disposable money in Dubai due to the tax-free revenue.
Here is a list of some Top Notch Highest Paying Jobs In Dubai For 2024
Banker Salary in Dubai Based On Experience Level
An experienced professional with years of expertise in Dubai jobs might anticipate a greater income than someone who is just starting their career. expertise level is another important consideration. The pay comparison based on the worker’s work experience is as follows:
| Experience Year | Average Salary Per Year |
| 0-2 Years | AED 125,100 |
| 2-5 Years | AED 152,100 |
| 5-10 Years | AED 212,500 |
| 10-15 Years | AED 251,500 |
| 15-20 Years | AED 273,000 |
| 20+ Years | AED 301,200 |
Banker Salary in Dubai Based On Education Level
A few key competencies are required to succeed in Dubai’s banking sector. Professionals in banking place a high importance on strong analytical and mathematical skills, which can result in a large compensation package.
| Education Level | Average Salary Per Year |
| High School | AED 150,000 |
| Certificate or Diploma | AED 169,000 |
| Bachelor’s Degree | AED 218,900 |
| Master’s Degree | AED 292,000 |
Here is a list List of Best Part-Time Jobs in Dubai for International Students
Banker Salary in Dubai Based On Organisation
One of the most sought-after job sectors, the banking sector is home to several elite businesses. The list of some of the highest-paying businesses is highlighted here, along with a range of salaries they offer:
| Organisation | Average Salary Per Year |
| Emirates NBD | AED 40,000- AED 80,000 |
| HSBC | AED 56,000- AED 95,000 |
| RAK BANK | AED 78,000- AED 100,000 |
| Al Ansari Exchange | AED 60,000- AED 90,000 |
| Citi | AED 90,000- AED 110,000 |
| Ubisoft | AED 108,000- AED 120,000 |
| PUMA | AED 83,000- AED 97,000 |
| Cargills Bank | AED 30,000- AED 40,000 |
| The International Bank For Trade And Finance | AED 40,000- AED 55,000 |
| Bankers Financial | AED 48,000 – AED 90,000 |
| BM Group Of Institutions | AED 140,000- AED 160,000 |
| ESAF Small Finance Bank | AED 48,000- AED 48,000 |
| Karafarin Bank Corporation | AED 110,000- AED 120,000 |
| Al Ansari Exchange | AED 89,000- AED 100,000 |
| Al Fardan Exchange | AED 55,000- AED 60,000 |
| Mashreq | AED 56,000- AED 70,000 |
Banker Salary in Dubai Based On Cities
Good banks may be found in most of Dubai’s cities, and bankers there typically receive competitive salaries. Hebrew has provided a list of the best cities to work as a banker, together with information about income ranges for each:
| Cities | Average Salary Per Year |
| Ajman | AED 168,100 |
| Abu Dhabi | AED 190,500 |
| Um AI Quiwain | AED 161,300 |
| AI Ain | AED 172,400 |
| Sharjah | AED 183,700 |
Banker Salary in Dubai Based On Positions
Professional salaries in Dubai vary greatly depending on the field; for example, the income of a banker in Dubai will be very different from that of a person working in the service sector. The market demand and skill scarcity have an impact on the compensation scale specific to each profession. Let’s examine the ways in which salaries vary by profession:
| Positions | Average Salary Per Year |
| AML Analyst | AED 377,200 |
| Assistant Bank Branch Manager | AED 315,900 |
| Bank Accounts Analyst | AED 137,400 |
| Bank Clerk | AED 74,540 |
| Bank Manager | AED 519,300 |
| Risk Manager | AED 504,500 |
| Bank Project Manager | AED 420,100 |
| Bank Regional Manager | AED 531,700 |
| Banking Business Analyst | AED 267,100 |
| Bank Quantitative Analyst | AED 251,500 |
| Bank Operations Head | AED 502,200 |
| Relationship Manager | AED 204,300 |
Here you all need to know about the Value of Part-Time Jobs While Studying Abroad
FAQs
The salary range for a Banking Officer in Dubai is 6,400 AED to 14,400 AED, with an average monthly compensation of 9,000 AED to 11,000 AED for workers with nine to sixteen years of experience.
An Overview of Banks in Dubai and the UAE. Because of the comparatively decent compensation, job security, and opportunity for development to more senior positions, banking occupations are often viewed as desirable career prospects.
The compensation range for a banker in Dubai is 6,400 AED to 11,111 AED, with an average monthly pay of 9,119 AED for workers with three to nineteen years of experience.
A salary between 10,000 AED and 15,000 (USD 2,700 and 4,000) per month is thought to be fairly decent with room for savings, while a salary between 15,000 AED and 20,000 (USD 4,000 and 5,400) per month and higher is thought to be highly desirable.
This was all about the banker’s salary in Dubai. In 2024-2025, for more blogs on different professions with their top salary range, follow Leverage Edu and Jobs Abroad.
Related Reads
45,000+ students realised their study abroad dream with us. Take the first step today.