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Old 13th Jul 2023, 17:57
  #769 (permalink)  
Whitemonk Returns
 
Join Date: Aug 2019
Location: Brexland
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Feel free to flame me on this but is the big brain move to live in Meydan for 6 months to a year to get the lay of the land, get the kids into school and then to buy a smaller place, like a 3 bed townhouse or apartment to live in while your an FO and then looking at buying a villa whenever you get a command down the line?

I know from a lifestyle point of view company accommodation is definitely going to be easier but if you were getting the accommodation allowance paying a mortgage, regardless of the property, that would eliminate the need for my wife to work as that would effectively be a second salary coming in to pay a mortgage and building equity in Dubai? I'm sure there are other things to consider and while I may not be familiar with Dubai as of yet, I know enough about buying property that from a purely financial point of view, living in company accommodation does not seem to be the best long term choice to me.
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