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I am planning to visit Europe in May 2017. One of the requirements in applying Schengen visa is the proof of financial support. I am currently working here in Dubai and my bank statement will come from my home country.

Will that be okay? Because I don't have savings account here in Dubai.

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    You have no bank account in Dubai? How are you paid?
    – nkjt
    Feb 13, 2017 at 14:50
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    Your circumstances - especially lack of bank account in Dubai - should be indeed explained in details in your visa application. Otherwise there is a good chance they'd assume you work in Dubai illegally. Never assume the Consulate will guess things in your favor.
    – George Y.
    Feb 13, 2017 at 23:34

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The most important thing about your financial details are regular income and regular, reasonable expenditures. If you earn more than you spend, month after month for a long time, and if the cost of travel is a reasonable fraction of your annual income, things look good.

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