Dubai: For many expats, owning a home is a long-term goal, and a mark of financial stability, to which many assume huge amounts need to be saved/invested for years. However for UAE residents, it might actually be better – and cheaper – to buy instead of renting. Paying Dh6,000 for 20 years in rent sums up to around Dh1.4 million – this is without accounting for inevitable rental increases. In the...
