
An increasing number of Europeans are seeking to spend the cold season in more comfortable climatic conditions. Remote work has made this possible, facilitating easy relocation to seaside locations. Recently, the United Arab Emirates and Thailand have emerged as popular destinations for those considering purchasing property for seasonal living. Acquiring local residences offers the opportunity not only to secure a second home but also to invest profitably.
The United Arab Emirates (UAE) attracts foreigners with its ultra-modern lifestyle, high level of security and favourable tax policy. Major metropolises such as Dubai and Abu Dhabi combine luxury, advanced technology and a wealth of recreational opportunities, providing a high level of comfort. Thailand, on the other hand, appeals to those seeking a more relaxed lifestyle. The kingdom is renowned for its picturesque beaches, year-round warm climate and centuries-old traditions deeply rooted in culture and religion. Additionally, the country is known for its affordable prices and the hospitality of the locals, making it an ideal destination for those seeking harmony and tranquillity in a tropical paradise.
We have conducted a detailed comparison of the two countries to determine which is the better option for living: the dynamic and luxurious Emirates or the peaceful Thailand.
Content
Specific climatic conditions
The choice between the UAE and Thailand largely depends on individual preferences regarding climate and weather conditions. In the Emirates, the winter months are comfortable, with temperatures ranging from 20 to 25°C. Precipitation is extremely rare and the days are usually sunny, creating ideal conditions for those who prefer dry and warm weather without excessive heat.
In Thailand, the winter season is also attractive but is characterised by higher humidity. From November to February, temperatures range between 25-30°C, creating a warm but not overly stuffy atmosphere. There’s little rainfall during this time of year, as the dry season sets in during the winter. This makes wintering comfortable, especially on the coast, where you can enjoy the sea and the natural beauty.
It is important to keep in mind that the peak tourist season occurs in both countries during winter. However, Thailand offers more secluded locations, which may appeal to those who prefer a more relaxed lifestyle.
Thus, both destinations provide pleasant winter temperatures and the choice depends on whether you prefer the dry and warm climate of the UAE or the humid climate of Thailand.
The UAE property market is growing strongly.
The market of property in the UAE has been actively growing for many years, supported by strong demand, stable economic development and high interest from foreign buyers. This is confirmed by statistical data:
- In Q1 2024, house prices in Dubai increased by around 21% compared to the same period in 2023;
- In Abu Dhabi, property prices rose by an average of 7%;
- In Q2 2024, the average price of apartments in Dubai reached AED 1.3 million (USD 354,000) in the primary market and AED 1.2 million (USD 326,500) in the secondary market;
- The average purchase price of villas in the primary sector was AED 3.7 million (USD 1 million), while in the secondary market, it amounted to AED 3.2 million ($870,500);
- The minimum amount of investment in residential complexes in Dubai is about AED 367,000-551,000 (USD 100,000 - USD 150,000);
- Demand for property also continues to grow: the volume of transactions for the sale of housing in Dubai at the end of the first half of the year increased by 29.7% in monetary terms and by 30.4% in quantitative terms compared to last year.
‘Dubai remains one of the most attractive investment destinations in the world due to the stability of the economy, strong financial performance and the ability to continuously unlock new growth opportunities,’ notes Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the city's Executive Council, notes.
Thailand's property market situation
Based on information from the Bank of Thailand (BOT), the country's detached house price index posted a modest 2.6% year-on-year increase (1.81% adjusted for inflation) in Q2 2024. In the townhouse segment, the increase was slightly more pronounced at 3.12% year-on-year (2.32% inflation-adjusted).
Analysts forecast a gradual increase in the prices of property in Thailand, especially for new buildings, due to the rising cost of construction materials and labour.
The metropolitan region, including Bangkok and its environs, showed larger price increases compared to the rest of the country. The detached house segment recorded the highest rise at 3.85% year-on-year (3.21% inflation-adjusted), followed by townhouses, which increased by 3.58% (3.04% inflation-adjusted) and condominiums, which saw a price increase of 3.03% (2.23% inflation-adjusted).
Even in the country's resort regions, properties remain relatively affordable, with the minimum cost of a studio in Phuket starting at USD 80,000.
Cost of living
The average cost of living in the Kingdom for one person is USD 790 per month, which is 59% lower than in the United Arab Emirates, where this figure reaches USD 1,906. In the global ranking of the most expensive countries, Thailand ranks 114th, while the UAE is positioned 19th.
Average salaries in Thailand cover living expenses for 0.8 months, while in the UAE, this figure corresponds to 1.7 months. In the ranking of the best countries to live in, Thailand ranks 66th, while the United Arab Emirates holds the 29th position.
Conclusion
When choosing between property in Thailand and the United Arab Emirates for a seasonal holiday, it’s important to consider several key factors. The UAE offers an ultra-modern living environment with well-developed transport infrastructure, high levels of security and a stable economy. The property market continues to grow due to sustained demand and active investment from foreign buyers. This makes properties in Dubai and Abu Dhabi an attractive choice for those looking not only for a place to holiday but also for a profitable investment option. Additionally, purchasing property opens up the possibility of obtaining a residence permit in the UAE, which can be useful if relocation becomes necessary.
Thailand, with its more affordable property prices and relaxed lifestyle, may appeal to those who prefer a slower pace and wish to minimise costs. However, the housing market in the country does not demonstrate the same steady growth as in the UAE, making investments in this destination less predictable.
Thus, the choice ultimately depends on your preferences. A residence permit in Thailand is not available for property purchases.
For those seeking a combination of a high standard of living, stability and investment potential, the UAE presents a more favourable option. Conversely, if a quiet and inexpensive holiday is a priority, Thailand is an excellent choice.