Net worth tracking in the UAE

Most net worth trackers cannot see your money.

Empower needs a US phone number. Monarch links US institutions. Kubera and PopaDex will hold an AED figure but expect you to keep it current by hand. Meanwhile the apps that do work here are expense trackers — they tell you what you spent and have no concept of what you are worth.

AED and a home currencyAssets and liabilities bothNo bank login

What a Gulf net worth actually contains

The parts most apps drop

  • AED salary accountPlus a home-country account nobody can aggregate
  • Cards and a personal loanReal liabilities on real cycles, not a spending category
  • Money owed in the villaRent and bills fronted for flatmates — a genuine asset
  • The gratuity you will getAnd savings sent home at a rate you should have recorded

In short

A net worth tracker records what you own and what you owe and reports the difference. Most of the well-known ones are built around US or UK bank aggregation: Empower requires a valid US phone number and links only US institutions, Monarch is US-focused, and Kubera and PopaDex support international holdings but rely on manual entry or limited connections outside their core markets. In the UAE that leaves expense trackers, which model spending rather than position. NetWorth+ is an Android app built for this case: accounts in AED alongside a home currency, credit cards on their real statement cycles, loans on a proper amortisation schedule, and balances owed between friends counted as assets and liabilities. It requires no bank login, works across the Gulf and beyond, and is free.

Bank login

Not required

Currencies

Every account in its own, one reporting total

Liabilities

Cards, loans, EMIs, money owed

Cost

Free, no ads

Why the famous ones do not work here

It is a regulatory wall, not a feature gap

This matters because it means waiting for them to add the Gulf is not a plan.

Empower's aggregation is free because it is a lead magnet for a wealth management business charging a percentage of assets. That business is licensed in the United States, is sold to United States residents, and identifies its users by a United States phone number. The app is not missing a Dubai feature; the whole commercial logic of it stops at the border.

The same is broadly true of the other free-because-aggregated tools. None of them can serve a UAE resident, and none of them has a reason to start.

Which leaves two kinds of app that do work here

The first is the expense tracker — FinArt, Expensly, Monee, Pocket Clear. Some of them are genuinely good at what they do, and what they do is categorise spending against a budget. None of them models a liability. Ask any of them what you are worth and there is no answer, because the question is not in the product.

The second is the manual wealth tracker — Kubera, PopaDex. These will hold an AED number and a property valuation, and they are honest about being ledgers you maintain. They are also priced as wealth tools, and they do not model a credit card cycle, an EMI schedule, or the money your flatmate owes you for the DEWA bill.

The gap in the middle

What is missing is a tracker that treats a Gulf salary, a card in AED, a loan back home, and four people splitting a villa as parts of one position. That is the app NetWorth+ is trying to be.

What is different here

Four things a UAE net worth needs that a US one does not

Two currencies at once, honestly

You earn in dirhams and save somewhere else. Each account stays in its own currency and every past transfer keeps the rate you actually got, so what you sent home last March is still what it was worth in March.

Shared living as a real balance

Villa shares, bedspace, a bill one person always fronts. Splitting apps track who owes whom in a separate app; here the balance is an asset or a liability inside your own figure.

The exit is part of the picture

Most people here leave eventually. A net worth held in the currency you will actually spend it in, with a projection you can run against a date, is a different tool from one denominated in the country you happen to be working in.

Alerts instead of aggregation

Your bank already texts you every transaction. On Android those alerts can be read on the device and dropped into an inbox for approval, which gets you most of the automation without any credentials changing hands.

Compared

The options actually available to a Dubai resident

Net worthLiabilitiesMulti-currencyWorks in UAEPrice
EmpowerYesPartlyUSDNo — US phone requiredFree
MonarchYesPartlyLimitedNoSubscription
KuberaYesManualYesYes, manualSubscription
PopaDexYesManualYesYes, manualFree tier, paid
FinArtNoNoYesYesFreemium
Pocket ClearNoNoYesYesFree / paid Pro
SplitwiseNoNoPartlyYesFree / paid Pro
NetWorth+YesCards, loans, EMIs, shared balancesYes, per-transaction ratesYesFree

Compiled from publicly available product pages and documentation in 2026. Products change; verify current terms before choosing. NetWorth+ is Android only.

The one thing nothing else in that table does

Money you split with friends lands in your actual net worth. Splitwise knows what your flatmate owes you and has no idea what you are worth. A net worth app knows what you are worth and has no idea about your flatmate. If you are sharing a villa, fronting the annual DEWA deposit, or running a group holiday, that balance is real money and it belongs on your balance sheet rather than in a second app you check separately.

Setting it up

One evening, and it stays current after that

1

Every account, with today's balance

Salary account, cash, cards with their limits and statement days, any loan, and the account back home. An opening balance is itself a net worth, so the figure is right from the first minute.

2

Anything you hold that is not cash

Gold, a property, a car, a chit fund, an investment account. Entered at a value you state, and left alone unless you revalue it — the app will not invent a market price for your flat.

3

Turn on capture, or do not

On Android, bank alert messages can be read on the device and queued for approval. It is optional, off by default, and the rest of the app works identically without it.

4

Set your reporting currency

Usually AED while you are here. Switching it later converts your history at each month's own rate rather than restating everything at today's, so the chart does not change shape when you change the unit.

Where this applies

Across the Gulf, and beyond it

The same argument applies across the Gulf, where aggregator coverage is equally thin and the expat currency problem is identical.

NetWorth+ also covers India, Singapore, Malaysia, the Philippines, Thailand, Vietnam, the United Kingdom and the United States. Currency handling is not limited to the list above — three-decimal dinars and zero-decimal currencies are treated correctly rather than being forced into two decimal places.

Questions

Good to know

What is the best net worth tracker in the UAE?
It depends on what you hold. If your position is mostly investments and property and you want a wealth dashboard, Kubera or PopaDex are built for that and are priced accordingly. If your position is a salary account, a couple of cards, a loan, shared living costs and money moving to another country — which describes most residents — NetWorth+ covers that specific shape, is free, and needs no bank connection. If you only want to know where your salary goes each month, an expense tracker like FinArt will do that more automatically than any of them.
Can I use Empower or Monarch in Dubai?
Not meaningfully. Empower requires a valid US phone number and links only US institutions in US dollars; international accounts must be entered by hand. Monarch is similarly US-centred. This is a regulatory and identity barrier rather than a missing feature, so it is unlikely to change.
Do I have to enter everything manually?
No, though you can. On Android, bank alert messages can be read on the device and dropped into an inbox for approval. You can also scan receipts, import a CSV statement, and set up anything recurring so it posts itself. Nothing is recorded until you approve it.
How does it handle money I send home?
As a transfer between two accounts in two currencies, and it asks what actually arrived rather than converting at the mid-market rate. Exchange houses do not give you the mid-market rate, and an app that assumes they do will quietly overstate what you have saved.
Does it track gold, property or a car?
Yes, as assets held at a value you state. The app deliberately does not revalue them from a market rate it cannot know — a projection that silently marked your flat up every month would be the least defensible number on the screen.
Is it really free?
Yes. No ads, no subscription, no paid tier. There is no aggregator bill to pass on, because there is no aggregator.
Is there an iOS version?
Not currently. NetWorth+ is Android only, and the message-capture feature has no iOS equivalent because the platform provides no way to read messages.

Keep reading

Where else this fits

One figure, in a currency that makes sense to you

Free on Android. Built for a salary in one country and a life in two.

Android. No bank login. No ads. Message reading is optional and off until you switch it on.