Rent or buy
in Dubai?

Put in the home you’re looking at and the rent for a similar one. See the cash each option needs on day one, what each costs a month, and which leaves you better off by the time you move on, after every fee in and out.

01 How long you’ll stay

The biggest single factor. Buying costs about 7–8% of the price up front, so it takes time to earn that back.

5years
02 The home you’d buy
AED
SQ FT
AED/FT
%
03 Your mortgage

Expats generally need a deposit of at least 20% for a first home under AED 5 million, and more above that or for a second home. Check the current limit with your bank.

%

Below 20% is unlikely to be approved for most expats.

%
YEARS
AED

Insurance covers mortgage life cover (usually required) and home insurance. Ask your bank for a quote.

04 Renting instead

Use the rent for a similar home in the same area, so you compare like with like.

AED
%
More assumptions
%
%

Return on savings is what the money you don’t spend could earn instead, for example in a low-cost global fund. Upkeep is repairs and maintenance, as a share of the home’s value.

Questions to ask yourself

  • How long do I really plan to live in Dubai, and in this area?
  • Can I afford the upfront costs without emptying my emergency fund?
  • Do I want flexibility, or long-term stability?
  • Is this a lifestyle decision or an investment one?
  • What would I do if I needed to leave Dubai quickly?

“If you’re staying less than three years, rent. If you’re staying five years or more and can afford the upfront payment, seriously consider buying.”

Ralph Orena · a rule of thumb, not a rule

Download the checklist (PDF)