In light of the rapid changes in the Saudi real estate market, the option of ownership has become more realistic than ever before.
Renting may give you some temporary flexibility, but it does not guarantee you stability or provide long-term security,
On the contrary, ownership opens wider doors for you to build a stable future, and a real asset that adds to your wealth and financial value.
Why owning is better than renting today?
Rent is an amount that goes unrewarded
Rent is variable, mortgage payment is often fixed
Property values are rising, but rent is a constant burden
Psychological comfort and family stability
But it's important to look at it from two angles: Owning is an investment that builds a real financial asset and provides family stability, while renting may suit those who are looking for more flexibility or don't have a long-term plan.
In my opinion, the best decision lies in studying the purchasing power and future goals of each individual, and based on that, the most appropriate direction is between owning or renting