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CuriousCannuck

Buy-to-live or rent in Dubai? My Analysis.. Gathering with friends the topic of real estate in Dubai always pops up, and with it confusion. Various questions immediately arise; shall we invest or shall we not? If yes, then why should we invest? Is it because we intend to save on rent or to make mon...

CuriousCannuck

Yes.... I agree that due to rising costs, the personal financial aspects will determine that renting is less expensive. However, on the business comparison, and only based on affordability that owning is the best option. Provided that your debt ratio does not exceed your return on investment. (ROI) ...

CuriousCannuck

Thanks for the reply.

I did take into consideration the "cost" assocaiated with ownership. Approx avg 12,000 per year.

CuriousCannuck

I did not fail in the aspects of Cash Vs Interest and rate of return. Buying in cash [size=7]Let us consider if the same one bedroom apartment was bought in cash for 1 million dirhams. The anticipated rental income would be about 90,000 dirhams per year, minus service fees of 12,000 dirhams , giving...

CuriousCannuck

There was nothing offensive about this image...

I am curious to find out why you think this is offensive?

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CuriousCannuck - Posts

Rent Vs Buy in Dubai

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