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Should you rent or buy in Dubai?

Compare what renting and buying really cost over the time you expect to stay, including deposit, transfer fees, interest and service charges.

Annual rent (AED)

Purchase price (AED)

Deposit %

Years in the UAE

Mortgage rate %

Mortgage term (years)

Over 5 years

Rent

AED 974,938

Buy

AED 1,508,089

Buying costs more

AED 533,151

Deposit: AED 520,000
Purchase fees (modelled ~6%): AED 156,000
Monthly mortgage: AED 11,268

Modelled estimate. Rent is assumed to rise ~4% a year, service charges ~1.2% of value, and the calculation excludes any resale gain or loss. Not financial advice.

See where buying works for my budget