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How Much You Earn: Chief Financial Officer Salary in Dubai for 2024-2025

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Chief Financial Officer Salary in Dubai

Dubai, a global financial business hub, offers lucrative job opportunities for professionals in the financial field. Among them, the Chief Financial Officer (CFO) role is particularly the most prestigious and financially rewarding career option. CFOs in Dubai play an important role in overseeing the financial health and strategic direction of an organization, making their salaries a subject of interest for many. This article will help you understand the details of the Chief Financial Officer Salary in Dubai with various factors, including different job options with their average earning potential. 

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What is the Chief Financial Officer’s Salary in Dubai? 

The average annual salary for a Chief Financial Officer (CFO) in Dubai is a substantial 559,000 AED, which translates to an average monthly income of 46,583 AED. However, CFO salaries in Dubai can vary significantly, with the lowest annual salary recorded at 277,400 AED (equivalent to 23,116 AED per month) and the highest reaching 864,900 AED annually (or 72,075 AED per month). This data indicates that CFO roles in Dubai are well-compensated, but the exact salary can depend on factors such as experience, qualifications, and the specific industry and company.

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Chief Financial Officer Salary in Dubai Based On Experience Level 

Dubai, a global financial hub, offers competitive salaries for Chief Financial Officers (CFOs). The level of experience significantly impacts compensation. Here’s a breakdown:

Experience Level Average Salary Per Year 
0-2 YearsAED  335,100
2-5 YearsAED  442,300
5-10 YearsAED  592,200
10-15 YearsAED 707,600
15-20 YearsAED 761,400 
20+ YearsAED 816,000
Chief Financial Officer Salary in Dubai

Chief Financial Officer Salary in Dubai Based On Education Level 

The level of education is a significant factor influencing CFO salaries in Dubai. Here’s a general breakdown:

Education Level Average Salary Per Year 
High SchoolAED  421,400
Certificate or DiplomaAED  476,600
Bachelor’s DegreeAED 646,600
Master’s DegreeAED 816,000

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Chief Financial Officer Salary in Dubai Based On Organisation 

The organization in which a CFO works significantly impacts their salary. Here’s a general overview:

Organisation Average Salary Per Year 
Al-Futtaim GroupAED 68,000-AED 79,000
TeconAED 74,000-AED 86,000
Midas SafetyAED 55,000- AED  65,000
Midas SafetyAED 41,000- AED 49,000
Telecom Services NetworkAED 23,000- AED 30,000
PinkertonAED 100,000- AED 120,000
Technical Supplies and Services Co.AED 30,000- AED 50,000
Permasteelisa GroupAED 85,000- AED 100,000
DubizzleAED 600,000- AED 800,000
Chalhoub GroupAED 100,000- AED 120,000
Al-Futtaim GroupAED 84,000- AED 100,000
Accountant-General’s DeptAED 48,000- AED 80,000
HalliburtonAED 100,000- AED 120,000
Etax AccountantsAED 80,000- AED 90,000
Etax AccountantsAED 105,000- AED 120,000
DeloitteAED 120,000- AED 140,000
Al Shirawi Group of CompaniesAED 100,000- AED 150,000

Chief Financial Officer Salary in Dubai Based On Cities 

Dubai, a dynamic city with various districts, offers different salary ranges for CFOs depending on the location. While the overall salary levels in Dubai are generally high, certain areas may offer slightly higher or lower compensation due to factors such as cost of living, industry concentration, and company size. Here’s a general overview of CFO salaries based on different cities within Dubai:

Cities Average Salary Per Year 
Abu DhabiAED 519,300
AjmanAED  487,600
Al AinAED  519,300
FujairahAED  450,300 
Ras Al KhaimahAED 476,600
SharjahAED 538,600
Um Al QuiwainAED  467,100 
Chief Financial Officer Salary in Dubai

Chief Financial Officer Salary in Dubai Based On Positions

CFO positions can vary in terms of responsibilities and scope within organizations. This can influence their salary levels. Here’s a breakdown of some common CFO positions and their associated salary ranges:

Positions Average Salary Per Year 
CFO/ControllerAED  517,025
Chief Operating OfficerAED 535,000
Account CoordinatorAED 210,500
Branch ManagerAED 297,000
Chief Investment OfficerAED 397,900
Head of InvestmentAED 354,000 
Key Account ManageAED 297,000

Here is all about Top Notch Highest Paying Jobs In Dubai For 2024

FAQs 

Q1: How much does a CSO earn in Dubai?

The compensation range for a customer service officer in Dubai is AED 2,200 to AED 16,700, with an average monthly pay of AED 7,084 for workers with one to twenty-two years of experience.

Q2: How much does a CFP earn in Dubai?

In Dubai, United Arab Emirates, a financial advisor makes, on average, AED 21,833 a month. In Dubai, United Arab Emirates, a financial advisor’s typical supplementary cash remuneration ranges from AED 1,271 to AED 13,500.

Q3: Who is paid more CEO or CFO?

CEO pay scale. The CEO of most organizations makes a lot more money than the CFO. A CEO’s average compensation in the US is AED 800,000, with a typical range of AED 420,000 to AED 1,200,000, while a CFO’s average yearly salary is AED 420,000, typically ranging from AED 319,000 to $537,000, according to compensation.com.

This was all about Chief Financial Officer Salary in Dubai; for more such high-earning professions, follow Leverage Edu and Jobs Abroad.

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