Are you planning a trip to Dubai and wondering which currency to use? Dubai is one of the most modern destinations in the world, but its payment system may differ slightly from what you’re used to in Europe, for example. Learn about the official currency of Dubai, the best payment methods, and where to exchange money to avoid unfavorable rates. This way, you’ll pay wisely and conveniently, ensuring a smooth financial experience during your trip.
What is the currency in Dubai?
The official currency in Dubai and the entire United Arab Emirates is the Emirati dirham (AED). You will need dirhams for everyday expenses such as taxis, tickets, or coffee shop visits.
How Much is 1 Dirham (AED) Worth?
The exchange rate of the dirham fluctuates depending on the foreign exchange market, but for reference:
- 1 AED is approximately 0.25 EUR
- 1 AED is approximately 0.27 USD
These rates may change, so it’s always a good idea to check current exchange rates at a currency exchange office or your banking app before traveling.
Dirhams are abbreviated as AED, but on price tags and receipts in Dubai, you may also see Dhs or DH – all of which mean the same thing.
What are the most common payment methods in Dubai?
The big question – should you carry cash, or is it better to rely on cards in Dubai? The best approach is to have both options. While you can use a card in most places, there are situations where cash is essential.
When should you carry cash in Dubai?
Although Dubai is a highly modern city, cash is still necessary in certain situations. You should carry dirhams if:
- You plan to use taxis, especially traditional ones (not all have payment terminals).
- You want to enjoy Arabic coffee at a local market (souk) or buy souvenirs from small vendors.
- You visit less touristy areas where only cash payments are accepted.
- You plan to leave tips – in Dubai, it’s common to tip hotel staff, waiters, and porters.
It’s best to have small-denomination banknotes (10, 20, 50 AED) because many places are reluctant to give change for large bills like 200 or 500 AED.
Can you pay by card in Dubai?
Most restaurants, stores, hotels, and tourist attractions in Dubai accept card payments. You can use Visa, Mastercard, and even American Express without any issues.
If you pay by card, you may be given the option to choose the currency – AED or your local currency. Always select AED to avoid unfavorable exchange rates.
Some places, such as hotels, may charge an additional fee for card payments – it’s a good idea to ask before completing the transaction. Additionally, some debit cards might not work at ATMs if they are not enabled for international transactions – check this with your bank before traveling.
Can you pay in Dollars or Euros in Dubai?
Many travelers wonder – Can I pay in euros or dollars in Dubai? Theoretically, yes, but it’s not the best option.
In some places – such as hotels, large shopping malls, or the airport – vendors might accept US dollars or euros. However, there’s a catch: the exchange rate will not be in your favor.
Why is it better to pay in Dirhams (AED)?
Shops and restaurants set their own exchange rates, which are often much worse than those offered by currency exchanges or banks. Additionally, even if you pay in a foreign currency, your change will be given in AED. Some places may even refuse to accept foreign currency or charge high fees.
What should you do? If you have dollars or euros, it’s best to exchange them for dirhams and pay in the local currency.
Where to exchange currency in Dubai?
If you don’t have dirhams before traveling, don’t worry – Dubai offers many places to exchange currency. However, it’s important to do so wisely to avoid unfavorable exchange rates.
Should you exchange money before traveling?
Some currency exchange offices in Poland offer dirhams, but their rates may not always be the best. If you want to carry some cash upon arrival, it’s usually better to buy US dollars or euros and exchange them in Dubai.
Best Places to Exchange Money in Dubai
✅ Currency exchanges in shopping malls – the best option. Dubai’s malls, such as Dubai Mall, Mall of the Emirates, or Deira City Centre, have exchange offices with good rates and low fees.
✅ Currency exchanges in the city – A great option is Deira or Bur Dubai, where exchange rates may be even better than in malls.
✅ Banks – You can exchange money at banks, but this often involves extra paperwork and longer waiting times.
🚫 Airport exchange offices – Avoid them if possible. Exchange rates at the airport are usually worse, and fees may be higher. If you must exchange money there, do so in a small amount—just enough for your initial expenses.
🚫 Hotels – While most hotels offer currency exchange, their rates are generally very poor.
What’s the best strategy?
If you have US dollars or euros, it’s best to exchange them at currency exchanges in shopping malls or in Deira and Bur Dubai, where you’ll find much better rates than at airports or hotels.
Remember! You can pay for car rental in Dubai with either a card or cash.
Should you use ATMs in Dubai?
ATMs are widely available in Dubai, found in shopping malls, on the streets, and at the airport. But is it a good idea to withdraw money from them? Yes, but be mindful of the fees.
Dubai has both local and international banks, such as:
- Emirates NBD
- Dubai Islamic Bank
- Abu Dhabi Commercial Bank (ADCB)
- HSBC, Citibank, Standard Chartered
You can withdraw dirhams directly from an ATM, but be aware that banks may charge fees for currency conversion and international withdrawals.
How to avoid high exchange fees in Dubai?
✔ Check your bank’s fees before traveling – some banks charge high fees for international withdrawals.
✔ Use multi-currency cards like Revolut, Wise, or Monzo – these offer better exchange rates.
✔ Always select “in AED” when an ATM asks which currency to charge your account in – choosing your home currency often results in worse exchange rates.
How to pay safely in Dubai? Travel tips
Payments in Dubai are generally safe, but as with any travel destination, it’s good to follow a few precautions. Always choose to pay in AED if given the choice between the local currency and a converted amount. Use currency exchanges in shopping malls or Deira for the best rates. If withdrawing cash from an ATM, check if your card has high foreign transaction fees.
What to watch out for when paying by card?
- Some restaurants and stores may charge extra fees for card payments – ask before making a transaction.
- When paying by card in restaurants, make sure the transaction is processed in front of you. This is a standard security rule everywhere.
- Always double-check the amount on the terminal before confirming payment.
Are there payment scams in Dubai?
Dubai is one of the safest cities in the world, but it’s always wise to stay cautious. Avoid exchanging currency with unknown individuals, and if you encounter payment issues, contact your bank or the currency exchange office immediately.
Summary – what to remember about currency in Dubai?
The official currency in Dubai is the Emirati dirham (AED), and it’s best to pay in this currency to avoid poor exchange rates. While card payments are widely accepted, carrying some cash is useful for taxis, tips, and market shopping. Dollars and euros are only accepted in some hotels, shops, and at the airport, but their exchange rates are often unfavorable. The best exchange rates are found in shopping malls and Deira or Bur Dubai – avoid airports and hotels for currency exchange.
ATMs are everywhere, but they may have high conversion fees, so consider using a multi-currency card like Revolut or Wise. When paying by card, always choose to be charged in AED to get the best rate. Dubai is modern and safe, but as with any trip, it’s good to remain cautious and exchange money only at reputable locations.
Frequently asked questions about currency and payments in Dubai
What is the official currency in Dubai?
The official currency of Dubai is the Emirati dirham (AED).
Can I pay with US dollars or euros in Dubai?
Some hotels, shopping malls, and the airport may accept US dollars or euros, but the exchange rate will be unfavorable.
Is it better to pay by card or cash in Dubai?
It’s best to use both methods. Cards are widely accepted, but cash can be useful for taxis, markets, and tipping.
Can I withdraw cash from ATMs in Dubai?
Yes, ATMs are available throughout the city. Using multi-currency cards can help you avoid high conversion fees.
Where is the best place to exchange money for dirhams?
The best exchange rates are found at currency exchanges in shopping malls and in Deira and Bur Dubai.
Can I pay with my phone in Dubai (Google Pay, Apple Pay)?
Yes, most shops, restaurants, and hotels support mobile payments.
