You should keep additional money in home currency or Debit card for local withdrawal. A rough budget of AED 150 per day per person will be good, but does not include fancy restaurants or shopping.
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You will need cash in Dubai quite rarely. Try not to use it for big purchases.
3000 AED is a good amount to start with and mainly many of the companies there do offer the accommodation so you can take out that cost as well for your savings.
However, if you choose to live alone in an inexpensive area, don't eat out too often, and maintain ordinary spending habits, you can live a very comfortable life with AED 5000-8000 (USD 1,360 - 2,180) per month including rent.
Tipping in restaurantsWhen dining at restaurants in Dubai, it is customary to tip between 10-15 percent of the bill as a gesture of appreciation for the service provided. However, just make sure you check the bill first, as some restaurants include a service charge.
Debit and Credit Cards:Credit and debit cards are one of the best ways to carry foreign currency. From saving space in your purse to saving the hassle of converting the money, it is convenient as it also saves you from losses through theft.
List of currencies accepted at Dubai Duty Free are the following:US Dollars, Euro, Sterling Pounds, Kuwait Dinars, Singapore Dollars, Qatar Riyals, Saudi Riyals, Omani Riyals, Bahrain Dinars, Hong Kong Dollar, Canadian Dollar, Australian Dollar, Swiss Francs, Malaysian Ringgit, Chinese Yuan, Indian Rupees, Israeli ...
Visa and Mastercard are widely accepted, and a credit card that offers rewards for spending will get you the most value. While many smaller businesses and taxis now take cards, it's always important to have some cash on you while you're traveling. You'll see familiar banks with ATMs Citi and HSBC.
Yes, although things may be 5% more expensive due to VAT. I have survived in Dubai for less than 2500. To be very honest, it mostly depends on your preferences. Dubai provides opportunities to everyone who wish to take it in all budgets (though its difficult sometimes for your likings/standards but you won't die).
Tipping a few AED is more common with this service. Bellhops and valets: A service charge isn't included. Tipping AED 5 to 10 or more is advised, especially if the staff did more than the norm (i.e. carried heavy bags).
If you ask locals “Do you tip in Italy?”, they'll explain that while they sometimes leave a small tip, it's generally not necessary. In Italy, gratuity (or una mancia, pronounced oo-nah MAN-chah) is considered a bonus for exceptional service. And it's not often that you'll find a tip jar at a register.