Dubai is a hub for finance and investment, offering a thriving job market for portfolio managers. With its focus on wealth management and international business, the city attracts top talent seeking competitive salaries and a dynamic work environment. This complete guide delves into detailed information about portfolio management in Dubai. Exploring the average range of salary for portfolio managers with various factors that can also impact your salary range. If you want to know how much you can exactly earn working as a portfolio manager, you can refer to this article and learn about portfolio manager salaries in Dubai.
This Blog Includes:
- How Much Does a Portfolio Manager Earn in Dubai?
- Portfolio Manager Salary in Dubai Based On Experience
- Portfolio Manager Salary in Dubai Based On Education
- Portfolio Manager Salary in Dubai Based On Organisation
- Portfolio Manager Salary in Dubai Based On Cities
- Portfolio Manager Salary in Dubai Based On Positions
- FAQs
How Much Does a Portfolio Manager Earn in Dubai?
In Dubai, Portfolio Managers can expect a comfortable salary with an average annual income of AED 528,500, translating to AED 44,041 per month. There’s a range to consider though, with salaries starting as low as AED 263,900 annually ( 21,991 AED monthly) and reaching up to AED 816,900 annually ( 68,075 AED monthly). This variation depends on experience, education, specific skills, the size and reputation of the company you work for, and even your performance.
We divided the commonly occurring wages into several ranges in order to better illustrate projected salaries. Compared to taking the average, this method gives a more accurate picture of the salary distribution for the position of Portfolio Manager in the United Arab Emirates.
Here is a List of the Best Part-Time Jobs in Dubai for International Students
Portfolio Manager Salary in Dubai Based On Experience
Although the annual salary increment rates vary by level of experience, companies generally rise in pay scale with an employee’s level of experience. Let’s examine how average annual increment rates in Dubai rise with experience in the workforce:
Experience Year | Average Salary Per Year |
0-2 Years | AED 315,900 |
2-5 Years | AED 417,100 |
5-10 Years | AED 559,000 |
10-15 Years | AED 669,100 |
15-20 Years | AED 721,600 |
20+ Years | AED 772, 900 |
Portfolio Manager Salary in Dubai Based On Education
Let’s examine the pay difference between workers in Dubai with similar work experience and varying educational backgrounds. Workers with a diploma or certificate make about 17% more money than their counterparts who merely completed high school. Workers with a bachelor’s degree earn 24% more than those who only have a diploma or certificate.
Education | Average Salary Per Year |
High School | AED 396,300 |
Certificate or Diploma | AED 453,200 |
Bachelor’s Degree | AED 615,000 |
Master’s Degree | AED 772,900 |
Explore the Top Notch Highest Paying Jobs In Dubai For 2024
Portfolio Manager Salary in Dubai Based On Organisation
Key areas including finance, healthcare, energy, and more have different salaries in Dubai. Salary ranges for various job titles are seen even in these businesses. Let’s examine the salary variations in common occupations in Dubai:
Organisation | Average Salary Per Year |
Square Yards | AED 60,0000- AED 100,000 |
MADA Capital | AED 120,000- AED 150,000 |
Emirates NBD | AED 150,000- AED 480,000 |
The First Group | AED 60,000- AED 80,000 |
Foot Print Real Estate | AED 70,000- AED 90,000 |
DMG Events | AED 70,000- AED 200,000 |
Abu Dhabi Commercial Bank | AED 180,000- AED 220,000 |
Mashreq | AED 200,000- AED 300,000 |
Tanfeeth | AED 180,000- AED 210,000 |
Citi | AED 290,000- AED 340,000 |
Netways | AED 90,000- AED 150,000 |
Shell | AED 470,000- AED 550,000 |
Fintrek Marketing | AED 300,000- AED 400,000 |
Siemens Digital Industries Software | AED 400,000- AED 500,000 |
Industrial and Commercial Bank of China | AED 400,000- AED 500,000 |
Capgemini Invent | AED 600,000- AED 700,000 |
SAMS Real Estate | AED 300,000- AED 500,000 |
Portfolio Manager Salary in Dubai Based On Cities
The United Arab Emirates is a member of the Gulf Cooperation Council (GCC), a political and economic partnership made up of six Middle Eastern nations. The UAE has one of the most competitive economies in the Arab world, with a GDP that is second only to Saudi Arabia. Let’s see how much a Portfolio Manager makes on average in Dubai in comparison to other well-known UAE cities:
Cities | Average Salary Per Year |
Abu Dhabi | AED 531,700 |
Ajman | AED 464,400 |
Al Ain | AED 472,000 |
Fjairah | AED 447,300 |
Sharjah | AED 472,100 |
Um Al Quwain | AED 437,300 |
Portfolio Manager Salary in Dubai Based On Positions
Dubai offers a wide range of portfolio management employment options. Let’s examine the differences in pay between common occupations in Dubai:
Positions | Average Salary Per Year |
Senior Portfolio Manager | AED 100,000 |
Associate Portfolio Manager | AED 65,000 |
Systematic Macro Portfolio Manager | AED 70,000 |
Investment-Analyst | AED 81,000 |
Assistant Leasing Manager | AED 253,400 |
Leasing Agent | AED 197,000 |
Portfolio Analyst | AED 315,000 |
Credit Portfolio Manager | AED 200,000 |
Here you can Explore Everything About Teaching Jobs In Dubai
FAQs
In Dubai and Abu Dhabi, the most often reported salaries for associate portfolio managers are AED 5,166 and AED 4,403, respectively.
Portfolio managers are typically required by their companies to be certified financial analysts. The CFA Institute’s title, “Chartered Financial Analyst,” is the most well-known and sought-after accreditation in the industry.
The compensation range for a Senior Manager at Deloitte is AED 9,255 to AED 50,000, with an average monthly salary of AED 30,334 for workers with 10 to 30 years of experience. The ten most recent wages are the basis for salary estimates.
Most portfolio managers begin their careers as junior or senior financial analysts. Having a master’s degree could make you eligible for a senior role right away. An investment analyst assesses asset and securities data to identify investment possibilities.
Related Reads:
This was all about the Portfolio Manager’s Salary in Dubai. If you want to read more such articles on salaries with different professions follow Leverage Edu and stay tuned to the Jobs Abroad page.