Al Fouad Rent To Own In Dubai

Al Fouad Rent To Own In Dubai

Many tenants in Dubai wish they could make the transition to becoming home owners but the extra costs of buying a ready property in Dubai can be draining

From the 25% loan down payment, the 4% Dubai land department fees, 2% agency fees not to mention the processing costs here and there

The same issue occurs when the buyer is considering off plan options, even if the project offers a payment plan but the buyer will still be paying rent till the project is read.

Al fouad building
Al Fouad Building Overlooks The Al Furjan Villa Community

Rent To Own Payment Plan In Dubai

Many developers realized the this problem and offered a great solution for first time home buyers, Al Fouad building has an amazing rent to own payment plan:

  • 3 Year fixed rental contract
  • Free service charges for 3 years
  • No Down payment
  • Ready to move in

English Video Explanation

Straight to the point, move in and pay 25% over 3 years!
your rent is the down-payment for the home finance, hence you are not paying installments and rent.

How it works?

1-Tenancy contract to be signed.
2-MOU (Memorandum of understanding) Fixing the price and verification that the rental amount is from the price of the property.

Studios: 47,000 AED 4 Cheques – Size 512 SQFT
1 Bedrooms: 64,000 AED 4 Cheques – Size 724 SQFT
2 Bedrooms: 92,000 AED 4 Cheques – Size 1167 SQFT 

Arabic full overview with English subs

2 Bedroom Rent to own walkthorugh

The Al Fouad building is located in Al furjan community by Nakheel
and offers Studios, 1, 2 & 3 bedroom Apartments

All 3 bedrooms all sold out and there is a limited number of availability for the remaining types, if you would like to arrange a visit please reach out to me on:

+971 58 297 8004
mohamed.zidan@engelvoelkers.com

This Post Has 34 Comments

  1. Nothing in Dubai silicon oasis in rent to own options?

  2. Nothing in Dubai silicon oasis in rent to own options??

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  3. Do you have studio and 1 bhk available ?

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