Emaar Properties has launched a Rent-to-Own programme, which will allow renters of The Greens units to become home-owners in the near future. By paying rent for the stipulated period of two years, a portion of the rent paid is used towards part down payment on the property.

This provides the tenant the flexibility to take a mortgage during the rental period for the remaining amount and become a home-owner in the process.

Mansour Al Othaimin, corporate director, sales and marketing, Emaar Properties, said: "This innovative plan will provide optimum convenience and flexibility to fulfil the dream of many prospective home-owners, making it easier for anyone to buy their own home.

"The rent you pay accrues over a two-year period and 50 per cent of this is then applied to the purchase of your new home. The plan provides great flexibility in managing personal finances, because there is no need for you to come up with the first immediate down payment.

"For example, with a purchase price of Dh551,800 for a two-bedroom apartment, rental for a two-year period amounts to Dh88,288, of which Dh44,144 can go towards the purchase price of the apartment."

The Greens Community overlooks the Emirates Golf Course and is a master planned community. The Greens apartments consist of studio, one, two, three and four bedroom apartments, with a swimming pool and gymnasium.