The Master Dubai Real Estate Developer- Emmar Releases Rent To Own Plan

Dubai based real estate developer Emmar has released its Rent to Own scheme in Downtown Burj Dubai. Now customers can lease the ready-to-move –in houses for one year. If the resident decides to purchase that property, this lease amount paid for a year would be considered the down payment towards that property. If the customer decides not to buy the property they can renew the rental agreement. The Rent to Own scheme was offered by Emmar in November 2008. This gained immense popularity as the buyers got a choice to live in the house, before they buy it. It was not only advantageous for a buyer, but also it was financially beneficial for the developer.

The Residences, South Ridge, Old Town Island and The Old Town residential clusters were showcased, which are most centrally located in Downtown Burj Dubai. All these residential developments offer state-of-the-art facilities contributing in the opulent lifestyle of the residents living in this community. The new units offered includes 1 bedroom to 5 bedroom apartments accompanied with large balconies and terraces. The Residences and the South Ridge are stunning high rise towers, however, The Old Town and the Old Town Island are tastefully designed with a touch of Arabian architecture. Downtown Burj Dubai is today considered the heart of the city with beautifully furnished apartments for sale in Dubai and panoramic views of the community.

Ahmad Al Matrooshi, MD - UAE, Emaar Properties, said, "The diverse collection of newly released units offers customers the convenient option to own a home in one of Dubai's most sought-after communities after experiencing the lifestyle differential for 1 year."