Rent or buy in JVC?

A median 1-bed, worked through.

A median JVC 1-bed rents for AED 71,000 a year (AED 5,917 a month). Buying it at AED 1.11 million with 20% down at 4.5% over 25 years costs about AED 4,929 a month, plus AED 268,241 up front.

Side by side

	Rent	Buy
A month	AED 5,917	AED 4,929 loan
Up front	Deposit and agent	AED 268,241
You own	Nothing	The home, less the loan

Source: cube, sales to 5 Nov 2026; Ejari contracts.

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Questions

Is it cheaper to rent or buy in JVC?

Monthly: rent about AED 5,917, loan about AED 4,929 on a median 1-bed, before service charges. Buying needs about AED 268,241 up front.

What does the example assume?

20% deposit, 4.5% interest, 25 years, 4% Land Department fee and 0.25% mortgage registration. Use your bank’s rate.

Source: cube, sales to 5 Nov 2026; Ejari contracts. Illustration only, not advice.