The average pay for a Cost Engineer is AED 156,933 per year. Experience strongly influences salary for this job. People in this job generally don't have more than 20 years' experience.

AED 17,879 - AED 411,060
AED 18K
AED 160K
AED 410K
MEDIAN: AED 156,933
10%
50%
90%
AED 0AED 411K
Salary AED 17,879 - AED 411,060
Bonus AED 3,052
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
AED 47,678 - AED 411,060
  • Country: United Arab Emirates
  • Currency: AED
  • Updated: 17 Feb 2018
  • Individuals Reporting: 38

Job Description for Cost Engineer

Cost engineers focus on cost management for companies, helping estimate expenses and monitoring projects to ensure resources are maximized. These professionals may work on a specific project or projects for their organization, and they may specialize within a specific field (such as construction cost estimator and software project manager). Cost engineers typically work in an office environment during regular business hours. Their day-to-day tasks include planning new projects, consulting with colleagues on cost-related issues, conducting cost control for existing projects, and ensuring quality control for existing projects. Cost engineers analyze proposals and documents to prepare the time, cost, and labor estimates for their company as well. They are required to report their progress to their supervisor, and they may need to give presentations related to costs for managers in their company; in making presentations and presenting analyses, cost engineers must be capable of explaining technical concepts to a variety of audiences.

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Cost Engineer Tasks

  • Analyzes maps, blueprints, photos, charts, and other data to estimate costs.
  • Reviews raw materials and labor requirements for budget purposes.
  • Assesses cost effectiveness of products and projects.
  • Confers with other staff to adjust cost estimates.

Cost Engineer Job Listings

Pay Difference by Location

National Average: AED 157,868

Larger city markers indicate a job is popular in that location.

Key Stats for Cost Engineer

Gender

Female
14 %
Male
86 %
Less than 1 year
11%
1-4 years
45%
5-9 years
21%
10-19 years
21%
20 years or more
3%

Experience Affects Cost Engineer Salaries

▲121%

▲47%

National Average
AED 158,000

▼41%

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
11%
1-4 years
45%
5-9 years
21%
10-19 years
21%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 24%
vision benefits
Vision: 24%
no benefits
None: 8%