Dubai rated most expensive city to celebrate new year

This post was originally published on 23 December 2016.

Dubai has been ranked as the most expensive city in the world to celebrate New Year in a report by international currency exchange firm Travelex.

It said the average cost per person for people to celebrate the arrival of 2017 in Dubai totalled AED2,240.

It said Sydney offers an affordable option for UAE residents wanting to get abroad for the holiday and Paris is cheaper than New York by AED700 to ring in 2017.

The annual survey of seven popular global cities for travellers also showed that Edinburgh, Scotland, ranked as the best value for the second year in a row at AED725.

In its annual research, the company measured the average cost across selected establishments, with results reflecting expected costs for a partygoer buying food, entertainment and refreshments.

Costliest cities to celebrate new year

  1. Dubai (Dh2,240)
  2. New York (Dh1,870)
  3. London (Dh1,435)
  4. Paris (Dh1,170)
  5. Amsterdam (Dh955)
  6. Sydney (Dh950)
  7. Edinburgh (Dh725)

The report said the cost for Dubai had risen from AED2,015 for the previous New Year when the emirate’s celebrations were interrupted by a major blaze in a skyscraper.

Fire engulfed the luxury Address Downtown Dubai hotel and residential block, which stands across a plaza from the 160-storey Burj Khalifa tower where people had gathered for fireworks to mark the New Year.

Travelex examined a range of sources to estimate average spend in each of the cities. The total sum includes a set meal-for-one, a bottle of champagne, nightclub entry and a pint of beer. The figures exclude the cost of flights and accommodation.

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