Eisa Bin Haidar offered to hire Obama in his firm and to live in Dubai once his presidential tenure expires "to get closely acquainted with the meaning of tolerance of Islam".
The offer, made on Twitter on Sunday, was followed by another tweet:
"President Obama, I offer you a job in my office, salary, housing, tickets and travel to Arab countries."
The best way for others to understand the true meaning of tolerance in Islam is for them to mingle with and socialise more with Muslims in this region, he told the Gulf News.
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"A faction of the American and western media has constantly profiled Islam as a religion of terror and categorised Muslims as terrorists. Well that is absolutely not true. Islam is a religion of tolerance, understanding, forgiveness and acceptance... It is not a religion of terror and Muslims are not terrorists.
Obama, 54, will demit office on January 20, 2017 after completing two cosecutive terms as the US President.