Which is a better option? renting a house or hiring a service apartment in dubai?

Mark Hovanes: From a personal experience i say rent out your own apartment.

Lashawnda Anteby: Like you said yourself ,both have their own dis/advantages....in a rented house you have to buy everything from furniture to electronics to crockery and cleaning/maintenance costs.While in a serviced hotel apartment,although you would just have to move in with your clothes,you may not be allowed to drive a nail in the wall at your preferred place or to install a satellite dish to watch channalls of your own choice.If you can follow such limitations for 3 years ,then I would say go for a 2 bedroom service apartment.End of the day you won't have to sell your electronics and furniture on throw away prices!...Show more

Josefine Weekey: it is in uncomplicated terms an issue of opinion, and the final answer is it relies upon. in case you spot your self shifting in the subsequent 2-3 yrs, say to a diverse city u would desire to hold of on buying and lease affordably to save! up for a house in an prolonged time. undergo in strategies, which you will likely purchase a house larger than the common house, so as meaning extra furnishings, besides. If u purchase a house, u would desire to comprise expenses like landscaping, maintenance, etc. you will would desire to hold coverage, pay real sources taxes and HOA dues if u stay in a residence or a PUD, besides to he mtg charge. make beneficial u understand what those are to calc ur budget. to come to a decision what u can arise with the money for, multiply you income through 28% & 36%, and u would have the max blended mtg, taxes, ins & HOA (if proper) money u can arise with the money for. additionally, u would would desire to pay pmi, so advert that. The 36% is the max volume of finished month-to-month expenses u would have alongside with the mtg pmt. The numbers above are for conforming loans. FHA & VA have aligtly larger debt ratio limits. if your ratios are above that, u will probably information t! o have an important down charge, good financials an a great ac! tivity to compensate, and robust credit scores. yet no, for my section there is not any longer something incorrect with renting....Show more