VECE · Poll
@layla_rahman
Dubai Land Department is finalising a Rent Now, Pay Later scheme under which tenants could split their annual rent into 12 interest-free monthly payments. A participating bank would pay the landlord the full year upfront, and the tenant would repay the bank. The final terms, including the bank, eligibility and any fees, have not been announced. Would you rent with monthly payments through a bank?
#RealEstate #Banking #Fintech #UnitedArabEmirates #Housing
0 answers
Options
- Yes, the big upfront cheque is my hurdle
- Only if there are truly no fees
- I'd negotiate monthly rent with the landlord
- It's debt, just with a nice name
- My rent is already sorted