Rent-to-own schemes are emerging as a viable alternative for aspiring property owners who might not otherwise have the down payment needed to buy a home in Dubai. The rent paid on a home under such a scheme will be converted as equity towards buying the home.
It's a win-win for both parties involved since developers get to sell their current ready-to-move-in villas while end-users can afford to buy where they couldn't before due to lack of down payment funds.
Source: www.khaleejtimes.com