It is certainly a complex decision that what it is favorable among buy vs rent a property in Dubai. To resolve this difficulty, ezEstate has worked out to gather the statistics to find out which option yields a better result for the client.
With a standard mortgage rate over a 10-year period, a 2-bedroom apartment in Dubai Marina costs lower than renting the same apartment.
You eventually gain nothing after paying rent for 10 years. But if you pursue the purchase decision, you eventually own your personal property in Dubai after paying a certain amount extra as mortgage interest.