How it works
You rent for an agreed term with a portion of each payment credited toward the purchase price, then complete at a pre-agreed figure. Schemes appear periodically in DAMAC Hills at prices near AED 1,170,000.
The trade-off
Rent-to-own suits buyers who cannot yet get a mortgage, but the effective price is usually above market. Compare it against a standard mortgage at 20% down before committing.
DAMAC Hills at a glance
DAMAC Hills is a golf community of villas and apartments with resort-style amenities. Buying sits at AED 1,500 per sqft — roughly AED 1,170,000 for a standard one-bedroom — while long-term tenants pay about AED 90,000 a year. Hosted as a licensed holiday home, the same unit averages AED 518 a night at 66% occupancy, around AED 124,786 gross. Owners on our managed programme average AED 172,205 — a 38% uplift.
