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It sounds like a fairly decent package. But you are right that the housing allowance is a little low, while it will cover most of your accommodation costs, as it stands you will be likely to have to foot some of the bill. For an two-bedroom apartment in Central Abu Dhabi, you are looking to pay at least AED 120,000.
For more detailed information on other living expenses for expats living in Abu Dhabi take a look at our Cost of Living in Abu Dhabi page.
Hope that helps.
Shantalie
I am not exactly sure what the role of a credit manager is but as a benchmark a bank manager in Abu Dhabi can earn around USD 10,000 per month. Remember salaries are tax-free in Abu Dhabi and deductions are also minimal.
I think you will find this article : A Comparison of Expat Salaries in the Middle East quite helpful.
When negotiating your salary, you also need to factor in accommodation allowances, allowances for childrens school fees, and other benefits such as whether you will receive medical insurance and a company car.
Hope this helps.
Shantalie