Expat Health Insurance
Cigna Global Health Insurance.
Medical insurance specifically designed for expats. With Cigna, you won't have to rely on foreign public health care systems, which may not meet your needs. Cigna allows you to speak to a doctor on demand, for consultations or instant advice, wherever you are in the world. They also offer full cancer care across all levels of cover, and settle the cost of treatments directly with the provider.
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This question has been asked a number of times in this forum. I suggest taking a read through the comments here and here and here.
When you say accommodation etc will be "on your account" do you mean you have allowances for these as part of your package in addition to the AED 7,000? If so, the package sounds reasonable.
If not, tt depends on your lifestyle and I realise you say your wife will be earning an income too, but really AED 7,000 is barely enough to survive on and you probably won't be able to save any money. Have a look at Expat Arrivals' cost of living and accommodation pages for more information.