Rent vs Buy Calculator

Should you rent or buy a home in Dubai? Our simple calculator compares the true cost over your planned stay, including UAE-specific fees, equity build-up, and the opportunity cost of your down payment.

How many years will you stay?
yrs
Bedrooms
Bathrooms
Renting
Comfortable monthly rent
Buying
Home price
Residency status
Down payment
500,000
20%
min 20% (500,000 AED)80%
Mortgage interest rate
%
Monthly service charge
Homeowners insurance rate
%
Loan type
Buying saves you 137,160 AED over 5 years.
Buying saves you 2,286 AED per month
Renting
8,000/mo est
Initial costs-16,156 AED
Cost of rent-530,461 AED
Renters insurance-6,896 AED
Net proceeds+5,000 AED
Total cost after 5 yrs-548,513 AED
Net worth from home0 AED
Buying
15,158/mo est
Initial costs-676,220 AED
Cost of mortgage-692,216 AED
Recurring costs-241,374 AED
Net proceeds+1,198,457 AED
Total cost after 5 yrs-411,353 AED
Net worth from home+1,198,457 AED
If the renter invested the buyer's up-front cash and monthly differential at 5% annually, their portfolio would grow to
1,292,200 AED
In today's AED (after 2% inflation over 5 years)
Rent 496,805·Buy 372,575
Net position over time
-600K-400K-200K0200KYear 1Year 3Year 5Break-even year 4
Cumulative rent cost
Buy net position vs rent
Itemized breakdownRentBuy
Down payment-500,000 AED
Agent fees-10,874 AED-52,500 AED
Government fees-282 AED-104,780 AED
Bank fees-18,940 AED
Principal-231,199 AED
Interest-461,017 AED
Insurance-6,896 AED-26,374 AED
Service charge-90,000 AED
Maintenance-125,000 AED
Rent payments-530,461 AED
Sale proceeds+1,198,457 AED
Security deposit returned+5,000 AED
Net cost over 5 yrs-548,513 AED-411,353 AED

Estimates only. Actual rates and fees vary by bank, residency, and deal. Does not replace advice from a licensed mortgage adviser.