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RENT · SHOULD YOU BUY?

Rent or buy?

Over the years you plan to stay, is it cheaper to keep renting or to buy? Compare the real cost — deposit, mortgage and the equity you build — and find your break-even year.

Over 5 years

Buying works out cheaper

by AED 343,240
Net cost to buy
AED 319,836
after selling you keep AED 859,688 in equity
Total rent paid
AED 663,076
the mortgage would be AED 9,159/mo
BuyingRenting
They cross at year 3
Year 1You stay 5Year 10
The home
The mortgage
What you expect the market to do

An estimate, not advice. Assumes a 25-year mortgage, ~7% purchase costs (transfer, agent, mortgage) and ~2% to sell. It does not model the return you would earn investing the deposit instead, or maintenance beyond the service charge — real factors, so treat the break-even as a guide. Change any figure to match your situation.

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