The debate goes a long way when it comes to buying vs renting. So that you get the ownership you will find most people preferring buying a property in Dubai over renting. After the tenancy contract is over and the landlord doesn’t want to renew it, there’s no hassle of sorting through a huge number of rental properties to find another one.

Buying is often cited as the best option in comparison to renting in a city like Dubai where you can practically find any kind of residential property.

The scenario changes significantly however when it comes to ex-pats.

Other than merely owning a property, a lot more comes into play. Often termed as a better choice for them is resultantly renting a residential property.

Making renting more beneficial for ex-pats in Dubai are the following factors:

Suitable For Short-Term Stays
Staying in Dubai for a limited period of time are most foreigners particularly jobholders. They live alone without any of their families furthermore. Not proving to be a sound idea for them is thus buying a home. Proving to be a rather inexpensive option, they mostly opt for shared apartments for rent in Dubai.

Bringing along numerous hassles is buying a home for your short-term stay in Dubai. You would want your property to be sold at profitable rates before you leave the emirate. Here comes the situation being problematic for you. When the market is flooded with residential properties laced with modern amenities, it can be hard to sell a property at good rates in a quick time.

Limitation

Only in selected neighbourhoods in Dubai can expats buy properties.

Termed as freehold areas are these localities. Hindering their ability to buy residential properties in this emirate is a major limitation. There’s no such limitation however with renting. You can rent properties anywhere in the emirate as an ex-pat. Going in the favour of renting as compared to buying is one of the main factors.

No Hassle For Maintenance
Even if you have to go back to your native country, there comes no need to sell your property as what some people believe. This then proves to be the main passive source of income for them. Whereas it is easier said than done. Requiring regular maintenance is a property whether it's residential or commercial. You would have to deal with tenancy-related issues as well furthermore if you put it up for rent. A rather daunting task to manage remotely can this prove to be. That which can be an additional burden on your pocket, the ultimate resort could be to hire a property management company.

More Flexible
Coming with more flexibility is renting an apartment, villa, townhouse, or hotel apartment in Dubai. You won’t have many ideas about different neighbourhoods in the emirate being an ex-pat. You can’t be sure about how an area treats you until you have lived there as of course all the information is available on the internet.

Becoming more suitable for ex-pats this is where the option of renting a living space comes. It will be tough for you to switch between communities to find the one that suits you the most when you have purchased an apartment or villa in a particular neighbourhood. The element of flexibility allows the tenant to experiment a little however with rental places.

Less Upfront Cost
The property buyer has to bear a lot of other expenses that come to be including those of the DLD fees for property transfer, registration fees, mortgage, DLD mortgage registration fees, maintenance, etc, excluding the cost of the residential unit. Whereas they can burn a hole in your pocket, some of them are to be borne one time only.

You won’t have to bear these expenses with renting. It can be managed effectively depending on how you earn every month whereas there are annual Ejari fees and broker fees along with the monthly/annual rent.

Suitable For Frequent Travellers
Buying a home may not prove to be a suitable option for you if you are a frequent traveler. Completing the formalities and procedures for buying and subsequent selling of properties can prove to be an additional hassle for you since you will be changing base now and then. For a better option comes renting. For those looking to rent a property, Dubai has got abundant options. You can find them easily in your budget bracket, whether you are looking for apartments, penthouses, or villas for rent in Dubai.

Final Thoughts
It is safe to conclude that renting a living space can prove to be a more practical and feasible option for ex-pats in a nutshell based on the factors discussed above. Check out the extensive listings for apartments, townhouses, villas, penthouses, and full floors rent in Dubai if you are looking for rental properties in this emirate.