Job Offer in UAE - Is AED 31,000 a good salary?

From California, on a 156K US yearly salary before tax. My package totals 31K / month + 50K / year for kids' school allowance and the other flights / PTO perks.
Given the cost of living difference between Los Angeles and Abu Dhabi will I be able to maintain the same lifestyle?
Need to sign (or not for that matter) my LOI in the next 3 days, any urgent help would be greatly appreciated

Yes it is!

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