Thanks Everyone for your replies...

I have already been told by the company that this is the best they can offer and now i have got some time to think about it

I know its not best package compared to packages being offered to people working in IT companies in UAE, but having a look at the replies from everyone i can say its not bad as well. Please reply if anyone think that whether i will be able to save some amount of money from it as well, and what will be the cost of living in Qatar