Career Finder

Money & Payments

How to Handle Money in UAE — Dirhams, Cards, ATMs & Digital Payments

UAE is very modern and convenient for travelers. Cards and contactless payments are widely accepted in cities, while cash is useful for small vendors and taxis. This guide explains currency basics, withdrawing money safely, paying by cash, card or mobile wallet, typical costs, tipping, and common pitfalls.

Currency Basics

UAE’s currency is the UAE Dirham (AED), symbol د.إ or AED. Notes commonly in circulation are 5, 10, 20, 50, 100, 200, 500, and 1000 AED. Coins exist for 25, 50 fils and 1, 5 AED. Prices are usually inclusive of tax. Keep small notes for tips, taxis, and markets. Cards are widely accepted in malls, hotels, and restaurants.

Good to Carry

  • One main card + one backup
  • 50–200 AED in small notes for daily expenses
  • Passport copy for bank or SIM registration

Where to Pay by Card

  • Hotels, restaurants, malls, attractions
  • Airports, taxi apps, ride-hailing
  • Tour operators and travel services

Where Cash Wins

  • Street vendors, small shops, markets
  • Taxis not booked via apps
  • Tips for porters or small guides
Split cash between a small wallet and a backup stash for safety.

Cards, ATMs & Currency Exchange

UAE has plenty of ATMs at malls, hotels, and airports. Use trusted banks for security. Notify your bank of travel. Contactless cards work widely. Exchange cash at banks or reputable exchange centers; airport rates are slightly lower.

Carry at least one Visa and one Mastercard; acceptance varies.

Digital Payments & Mobile Wallets

Mobile wallets like Apple Pay, Google Pay, and UAE bank apps are widely accepted. QR code payments are common in restaurants and markets. For ride-hailing apps, cards or wallet payment is standard.

Typical Costs in UAE (AED)

ItemBudgetMid-RangeNotes
Hotel (per night)200–400450–1000Breakfast included sometimes
Meal (per person)20–5060–150Street food vs restaurants
Coffee/Tea5–1520–40Café vs chain outlets
Taxi/Metro5–1530–80Uber/Careem pricing varies
Tour/Attraction50–150200–400Depends on site & season
SIM + Data (30 days)50–100Passport required

Tipping & Bargaining

Tipping is appreciated but not mandatory. Restaurants sometimes add service charge. 5–10% tip in other cases. Taxi rounding is common. Bargaining is less common in malls; markets allow negotiation politely.

Money Safety & Common Pitfalls

If money is deducted but transaction fails, keep screenshot/receipt and contact bank immediately.

Daily Money Strategy

Smart Mix

  • 70% card/digital payments
  • 30% cash for small vendors
  • Top-up wallet weekly

Backups

  • Helpline numbers of cards
  • Emergency cash in USD/EUR
  • Separate pouch for spare card

Paper Trail

  • Keep key receipts
  • Screenshot confirmations
  • Invoices with name & phone

Quick Money Checklist

Sending & Receiving Money in UAE

Many travelers and expats need to send money home or receive funds while in UAE. International money transfer services are reliable, fast, and widely available. Some banks allow direct transfers via online apps, while exchange houses provide competitive rates for cash pick-ups.

Always compare fees and exchange rates before sending money.

Shopping & Payment Practices in UAE

Shopping is a favorite activity in the UAE, from luxury malls to traditional souks. Payment practices vary depending on location. While malls, supermarkets, and branded outlets accept cards, souks and street vendors often prefer cash. Bargaining is common in traditional markets.

Malls & Supermarkets

Visa/Mastercard accepted everywhere, receipts usually include VAT details.

Traditional Souks

Carry small notes; merchants may offer discounts if you pay cash instead of card.

Duty-Free Shops

Located in airports; accept international cards and multiple currencies.

Banking Services for Travelers

If you are staying longer (more than a month), opening a local bank account can help manage expenses and avoid international transaction fees. Some banks also issue prepaid travel cards for tourists.

Ask banks about promotional accounts or tourist offers before applying.

Tax Refunds for Tourists

UAE charges a 5% VAT on most goods and services. However, tourists can claim a refund on purchases made at registered stores. Look for the "Tax Free Shopping" logo at participating outlets.

  1. Shop at stores with "Tax Free" logo and keep receipts.
  2. Submit receipts at airport VAT refund counters before departure.
  3. Refund can be collected in cash or credited to your card.
Refund not available for hotels, dining, and some services.

Emergency Financial Support

If you lose your wallet or run out of cash, several options are available. Embassies can guide citizens, while services like Western Union allow family to send funds instantly. Hotels may also help by holding deposits on credit cards.

Useful Sources

Quick Money-Saving Tips

Metro Cards

Cheaper than daily taxis.

Water Refill

Buy large bottles and refill, instead of small bottles daily.

Discount Apps

Use Entertainer or Groupon UAE for 2-for-1 deals.

Money & Payments — FAQs

Carry one main card and a backup plus small AED notes for taxis, tips, and small vendors. Cards are widely accepted in malls and hotels.

Use indoor ATMs at malls, banks, or airports. Avoid street ATMs at night. Shield PIN and keep alerts on.

Apple Pay, Google Pay, and bank apps work widely. QR payments accepted in restaurants and some markets.

Not mandatory. 5–10% tip in restaurants without service charge. Round taxi fares; small tips for porters.

Always choose AED. Paying in home currency usually gives worse exchange rates.

Budget: 150–400 AED; mid-range: 450–1000 AED per day, depending on hotels, food, and transport.

Use slim wallet for day, backup cash/cards in hotel safe. Avoid showing large amounts.

Yes, for exchanges, big purchases, tours, and hotels. Screenshots help for proof or returns.