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Mortgage vs Cash

Compare buying with cash vs mortgage and see which strategy wins.

Property Details

Annual rent: ⃃ 140,000

Average ⃃ 15/sq ft in Dubai.

Dubai avg: 5-8% for prime areas.

5 years
1 yr10 yr
Mortgage Terms
25% (⃃ 500,000)
20%50%

UAE avg: 3.5-5% fixed.

Mortgage wins by 103.6%

Leverage amplifies returns when appreciation exceeds borrowing cost. Your capital works harder with a mortgage.

Cash Purchase
Total Investment⃃ 2,085,000
Price + DLD 4% (⃃ 80,000) + Admin (⃃ 5,000)
Net Annual Rent⃃ 125,000
Cumulative Rent (5yr)⃃ 690,704
Property Value (5yr)⃃ 2,552,563
Opportunity Cost⃃ 576,047
Total Return⃃ 1,243,267
Return on Investment59.6%
Mortgage Purchase
Upfront Cost⃃ 589,040
Down 25% + DLD + Admin + Reg 0.25%
Monthly EMI⃃ 7,918
Total Interest (5yr)⃃ 281,622
Cash-on-Cash Return5.1%
Equity Built⃃ 693,431
Total Return⃃ 961,645
Return on Investment163.3%
Leverage Multiplier3.5x

Assumptions

  • DLD fee: 4% of property price
  • Admin/trustee fee: ⃃ 5,000
  • Mortgage registration: 0.25% of loan amount + AED 290
  • Rent and appreciation are compounded annually
  • This is a simplified model for comparison purposes

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