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Take a look at the Cost of Living in Dubai. It should give you quite a good idea of general expense you can expect as an expat in Dubai.
How old are your kids? I think it will be important for you to factor in the cost of international schooling into your contract negoatiations.
While it is possible to get a 2 bedroom house for around AED 4,500. You will pay around AED 9,000 for furnished accommodation. There is a quite a big difference there in price, so it is worth considering whether the company is going to help you ship furniture to the UAE.
Hope this helps.
Shantalie