Available for apartments «pulse» with two months free of charge at the beginning of the contract
Dubai South launches a 10-year lease-to-own system
The residential area in "Dubai South" has a high appeal. From the source
Mohammed Al Awadi: “We in (Dubai South) affirm our commitment to support our growing commercial and residential community.”
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Dubai South Real Estate Company announced yesterday the launch of the rent-to-own system for new tenants in its "Pulse" project, which is the beating heart of the residential area in "Dubai South", which has easy direct access through the "Expo" Street.
The company stated in a statement that as part of its commitment to provide flexible solutions at an affordable cost to residents, tenants can now choose to pay quarterly payments to their units while they are staying in them and fully own them after 10 years.
She added that, in addition, it provides easy exit conditions without any commitment to purchase, as this plan helps provide opportunities for individuals to own real estate, while completely dispensing with the first payments that are usually required, noting that people who choose to benefit from Offer, they will get two months rent free at the beginning of the contract. “We in Dubai South confirm our commitment to support our growing commercial and residential community by providing appropriate solutions at reasonable prices,” said Mohammed Al-Awadi of Dubai South Real Estate.
He added, "Given the current circumstances, we are aware of the challenges that many face, which prompted us to develop a plan that gives tenants a guarantee of owning their real estate units."
Al-Awadi pointed out that the residential area in "Dubai South" has a high attractiveness for workers in the region, especially with the development of the Expo 2020 site.