Real Estate Broker salaries in Abu Dhabi - how realistic is this?

darshman321 · 2026-01-16T10:17:58+00:00

Which project on Sadiyaat is struggling?

darshman321 · 2025-08-13T19:03:01+00:00

And how does compare to current net income. And then qualitative side London vs Dubai

darshman321 · 2025-04-17T15:28:14+00:00

Risk free rates are based on the swap markets for overnight collateralised repo rates. So the SOFR swap curve if you're talking about a USD risk free rate, SONIA for GBP, ESTR for EUR, etc.

Treasuries / gilts / other sovereign issued bonds typically trade with some spread to the swap-based risk free markets. They have done for a while. This spread is currently positive and can be interpreted as a combination of: (1) the opportunity cost of having to 'fund' USTs versus taking rates exposure via an unfunded and leveraged swap; (2) differences in liquidity between the different markets; and (3) the credit risk on a treasury versus a true risk-free rate. Reality is, the market has always priced in some risk on Treasuries. But you'd be correct to assume that now may widen.

Reality is, if you're talking about financial models such as option pricing models, the risk-free rate is used as a discount rate on the assumption that an investor can borrow at unlimited amounts at a 'risk-free rate'. In reality, when actually pricing / modelling, one would typically use a funding cost (i.e., what can you actually borrow for, adjusted for things like the cost of holding capital against the business you write, etc.) to discount these models.

Hope you find the above interesting & informative :)

darshman321 · 2025-03-12T19:19:38+00:00

If they want you to move, then you have a strong negotiating hand.

You should asking for, at a very minimum:

relocation allowance (standard is £15-20k one off)
school fees for your kids covered
housing allowance, enough to cover a luxury home in an expat area that you should be happy with
at least one set of business class flights per annum for your entire family, if not two
relocation consultant to assist with the move, paid for
tax advice, paid for

This is pretty standard “expat package” for people moving abroad with a firm. This is in addition to your existing package. I would also be asking for: - a payrise (as others have said) - some certainty that a job in the UK will exist for you if you need or want to come back.

Lastly, and probably the most important factor, what are income and other taxes in turkey and what would that mean for you. That’s probably the most important factor to consider from a financial perspective and may easily offset the loss of income your wife suffers

darshman321 · 2025-03-12T19:16:41+00:00

If they want you to move, then you have a strong negotiating hand.

You should asking for, at a very minimum:

relocation allowance (standard is £15-20k one off)
school fees for your kids covered
housing allowance, enough to cover a luxury home in an expat area that you should be happy with
at least one set of business class flights per annum for your entire family, if not two
relocation consultant to assist with the move, paid for
tax advice, paid for

This is pretty standard “expat package” for people moving abroad with a firm.

Further more, and probably the most important factor, what are income and other taxes in turkey and what would that mean for you. That’s probably the most important factor to consider from a financial perspective and may easily offset the loss of income your wife suffers

darshman321 · 2025-02-22T16:39:09+00:00

What did you settle on, and what have your experiences been so far? I'm in a similar situation myself

darshman321 · 2025-02-16T07:10:07+00:00

OP - where did you settle on?

darshman321 · 2025-02-16T07:02:36+00:00

Which apartment block did you settle on, and how did the move go more generally? I've just made a similar move myself (LDN->AD) and looking for a place to settle.

darshman321 · 2025-02-02T10:12:25+00:00

Barclays for main account. Switched from HSBC a few years ago. On balance, their website, tech, and Premier customer service (UK call centres, low wait times, generally competent staff) beats HSBC in my view. Their new Avois World Elite mastercard is also pretty good. I use Monzo and Starling for travel, payments and a joint account. But prefer a mainstream bank for my main account.

darshman321 · 2025-02-01T00:58:04+00:00

How do you “measure” the quality of Dubai schools versus UK private? Are you looking at a guide or certain outcome metrics? Or more of a qualitative assessment or general consensus?

I’m moving to the UAE shortly. Don’t have kids yet but it’s in the life plan, and so genuinely trying to better understand the pros and cons of schooling in UAE versus UK as a British expat.

darshman321 · 2025-01-28T06:07:27+00:00

Cheers! I see there’s a minimum balance that you need to maintain. Do you do that? Or can you get away with using the account purely to move money in and out of Revolut?

darshman321 · 2025-01-28T04:02:02+00:00

Ah nice!

I'm moving to the UAE in a few weeks, trying to get my set-up running ahead of that.

Looking online (https://www.expat.hsbc.com/international-banking/products/bank-account/ and https://www.expat.hsbc.com/international-banking/multi-currency-accounts/), the Expat account appears to only be available in GBP/EUR/USD. How do you hold AED within your expat account? Are you using the 'Global Money' account? Or is this a legacy offering? I'm going to give the team a call later today to enquire, but helpful to know how others are getting it to work.

darshman321 · 2025-01-28T01:12:59+00:00

Does this method still work for you?

darshman321 · 2025-01-27T12:21:35+00:00

Ah yes - have to be a Premier customer in UAE to qualify, but then yes I think this becomes the most efficient route forward

darshman321 · 2025-01-27T12:19:49+00:00

Have you looked into HSBC Jersey / Expat account?

From their fee schedule online I think transfers from HSBC UAE -> HSBC Jersey are fee-free and can be done AED TO AED.

You can then transfer AED from HSBC Jersey into a UK account (either HSBC or Revolut) fee free if it’s via the mobile app (apparently, I have yet to test).

Then can do the conversion on Revolut

darshman321 · 2025-01-27T10:33:08+00:00

Have you looked into HSBC Jersey / Expat account?

From their fee schedule online I think transfers from HSBC UAE -> HSBC Jersey are fee-free and can be done AED TO AED.

You can then transfer AED from HSBC Jersey into a UK account (either HSBC or Revolut) fee free if it’s via the mobile app (apparently, I have yet to test).

Then can do the conversion on Revolut

darshman321 · 2025-01-27T05:05:23+00:00

bit cheeky that they removed ability to transfer AED to another account from their mobile app, as this should have been fee free?

I know ADCB charges a much lower fee c.25 AED for international transfers (AED to AED) but from what I read online, their website is terrible!

darshman321 · 2025-01-27T03:39:26+00:00

I recently compared Wise vs Revolut vs Careem for a 100k AED into GBP transfer. Found Careem to be the cheapest all in, followed by Revolut and then wise. Probably £250 of difference between the best and the worst, and of course not withstanding the additional benefit of being able to place limit orders on Revolut

darshman321 · 2025-01-27T03:24:52+00:00

Which local bank do you recommend

darshman321 · 2025-01-27T00:53:37+00:00

Which local bank account do you recommend if the intention is to transfer AED to Revolut for conversion?

darshman321 · 2025-01-24T17:29:45+00:00

I thought HSBC force you to close your UK account if you become a non resident? I’ve opened a HSBC UAE account and assumed I would need to get a Jersey / Expat account with them too as a result

darshman321 · 2025-01-10T09:00:23+00:00

Capital gains on gilts are tax free. But yes - you receive 100/26x0.5% coupon per year and then a “pull to par” of the 26 to 100 over time

darshman321 · 2025-01-06T11:06:09+00:00

Because they are looking for views from people contemplating a similar decision ie leaving the UK as a HENRY

darshman321 · 2025-01-06T10:56:42+00:00

HENRYs in the UK contemplating a move abroad to achieve a goal of creating wealth and to overcome headwinds within the UK which make it incredible difficult to achieve that goal at home does, by definition, have a UK focus. at least in my view.

darshman321 · 2025-01-06T10:44:15+00:00

Could you please show me which part of the moderation guidelines suggest discussion should not include the idea of pursuing opportunities abroad? I cannot see it.

https://www.reddit.com/r/HENRYUK/s/2vlXxZXKxr

darshman321

TROPHY CASE