Dubai South Properties Launches Ten-year Rent-to-own Scheme
Master-developer, Dubai South Properties, today revealed an exciting new rent-to-own system for new tenants of The Pulse the heartbeat of its Residential District, with very easy as well as straight access to from Expo Road.
As part of Dubai South's commitment to providing inexpensive as well as adaptable solutions to citizens, tenants can currently opt to make quarterly settlements towards their unit, while living in it, which will certainly add towards complete possession after 10 years.
With very easy exit terms and also no dedication to buy, the scheme assists place individuals on the residential or commercial property ladder without the preliminary financial expense typically needed.
Additionally, those selected to get the deal will certainly get two months of free rental fee at the start of their contract.
Mohammed Al Awadhi from Dubai South Properties said: "At Dubai South, we are dedicated to helping our expanding company and also the residential community by providing them flexible as well as allowing remedies.
Offered the present atmosphere, we are highly mindful of the challenges faced by lots of and have produced a scheme that assures tenants of having their own residential or commercial property with no significant up-front investments."
Dubai South's Residential District has already proven to be a popular locale for those working in the area, particularly with the promising Expo 2020 development located just five minutes away.
With the launch of its flagship development, The Pulse, demand has continued to grow, with more than 800 apartments and townhouses already handed over.
Lined with lush green walkways, jogging and cycling tracks, and offering eight gyms, eight swimming pools, and a central park, The Pulse is the ideal place for young professionals and families to live, work, and connect.
Residents will also be able to enjoy a vast range of retail outlets, starting with Grand Express Supermarket, which opened its doors in June 2020. Upcoming retail brands and additional convenience stores, set to open very soon, include a barbershop, a ladies salon, a grocery store, and a laundry service, with several restaurants and cafes expected to open by the end of this year.
Dubai South is home to a community of freehold or leasehold residential, commercial, office, and retail properties. It caters to different lifestyles and is designed to create a vibrant living environment, in line with the government's drive, to prosper Dubai's first urban lifestyle project to support the emirate's economic growth.