Saffia Estate


Is there a rent ending with Ownership in Dubai?

What is Rent to Own in Dubai?
In Dubai, rent-to-own is a great solution for homebuyers looking to avoid having to pay the full price upfront. Buyers can pay 20% to 30% of the purchase price up front, then three to four years of rent until they can buy outright. During this time, both the buyer and the developer sign a contract that includes details of the final sale price of the property and other important terms. At the end of
During this period, the buyer owns the property after all payments are made in accordance with the agreement. The rent-to-own scheme is regulated by the Dubai Land Department (DLD), ensuring that all transactions are conducted in accordance with government regulations. This program is useful for those who do not having enough money for a down payment or getting a loan from a bank.

Benefits of Rent to Own in Dubai
Dubai’s rent-to-own scheme is a great solution for those looking to buy a property without paying a large down payment. This is a convenient and affordable way to get into the real estate market, as the rent payments help build the property over time. Dubai Land Department is Responsible for maintaining the registry of leasehold agreements and providing IJARAH services to make it easier for buyers and sellers to enter into such agreements.

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