Wednesday, 14 October 2026NairobiLatest edition
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My Dubai Salary: 'I pay myself what I need for living – around Dh50,000 a month'

Ilia Sheludiakov arrived in Dubai five years ago with a background in marketing and trading, and a conviction that the city held more opportunity than anywhere he had worked before. The Russian entrepreneur has since built a family estate agency company, developed a personal investment portfolio spanning ETFs and equities, and written his first book – Temporalism: Make Time Your Ally – a philosophical guide to treating time as a strategic force.The 30-something now splits his attention between the estate agency business, his investments and growing a media presence, guided by a belief that passive income is the surest path to financial independence.What was your first job and salary?My first job was in Moscow, as a marketing specialist. It was mostly supporting promotional events – exhibitions, organising things, working with suppliers. The salary was small. In international terms, it was around $700 a month.What do you do now?Right now I'm mostly investing in real estate. I started as a real estate agent in Dubai, but now we have a family real estate company, and we're also investing in real estate ourselves.After the marketing job, I had other positions connected to sales, but more specifically to trading – working as a trader within a company, not for myself. That's where I understood about investing, about shares; I did investment analysis and all those things. I also had a...

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