Master-developer Dubai South Properties has announced a new rent-to-own scheme for its new tenants of The Pulse - the heartbeat of its Residential District, with easy and direct access from Expo Road.

 

As part of Dubai South’s commitment to offering affordable and flexible solutions to residents, renters can now opt to make quarterly payments towards their unit, while living in it, which will contribute towards full ownership after a period of 10 years, said the developer. 

 

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.

 

With easy exit terms and no commitment to purchase, the scheme helps put individuals on the property ladder without the initial financial outlay typically required, said the Dubai developer. 

 

Furthermore, those choosing to avail the offer will receive two months of free rent at the start of their contract, it added.

 

Dubai South Properties' Mohammed Al Awadhi said: "We are committed to supporting our growing business and residential community by offering them flexible and enabling solutions."

 

"Given the current environment, we are highly conscious of the challenges faced by many and have created a scheme that gives tenants the assurance of owning their own property without any major up-front investments," he noted.

 

According to him, 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, he added.-TradeArabia News Service