Group UAE Real Estate
Started by kmourabet28 on 12.06.2017 To Rent or To BuyDiscussions in this group
Mortgage Advisor استشاري تمويل عقاري
From shenara on 05.07.2018 at 00:05For mortgage loans take the best solutions.
new home loan, refinance, buy out.
افضل الحلول للتمويلات العقارية
First major development where you can purchase real estate in bitcoin
From Michael on 06.09.2017 at 12:31With Bitcoin value estimated to reach $10,000 per bitcoin by the end of the year. Will the move into real estate be the start of the takeover from traditional currency?
Rent VS Buy
From kmourabet28 on 14.06.2017 at 14:01Hi all,
A very common question people have in the UAE, is whether they should rent property or buy. It would be interesting to see different opinions, and the reasoning behind it.
Personally, I have had mixed feelings regarding this. Some people say, if you rent for 12 years in the country, its as if you had bought the apartment. Well, that doesn't factor in cost of a mortgage, maintenance, fees etc.. which for a 15 year mortgage, add up to a hefty amount.
Share your thoughts, as its definitely interesting to many newbies and even older residents in the UAE.
Best
Karim
Buy a Property and rent it out! in my case, i acquire a unit in my home country paid 25% out of my pocket and the rest i out on a mortgage on the bank but i am renting out the unit so i pass the burden to my tenant that pays my monthly amortization.after a couple of years i may sell the property or rent it out all through out with the advantage of passive income
Its better to buy a property studio or one bedroom apartment and rent it
Although it is very expensive To buy out