Rent vs. Buy in Dubai: Which Saves You More in 2024?"
Dubai's real estate market is hot, but is it smarter to rent or buy? Here's my breakdown:
1️⃣ Price Trends – Areas like JVC and Dubai Hills still offer 6-8% rental yields, while Downtown apartments have slowed in appreciation.
2️⃣ Hidden Costs – Buying means 4% DLD fee + service charges, while renters face 5% annual increases under RERA rules.
3️⃣ Visa Benefits – Only property owners (1M+ AED) get residency, but new 3-year rental visas are coming soon.
What’s your strategy? Debate below!
🔗 Market analysis: https://anika-property.com
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