Ana
Property prices have pretty much stagnated throughout Dubai these last few months, with some areas dropping slightly to effect a sale. Rentals, despite what you may read, are also struggling as more and more units are finding their way into the market. There is also quite a lot in the construction stage. I would not be too surprised if we see prices slip this year and possible into the next as supply outnumbers demand.
My advice. You've already moved in and sustained costs associated with that. Hang in for the next 6-12 months and see where the market is heading. Look at your present place as temporary while you research what deals are around. Although you don't wish to buy, it may be a good idea if you intend doing at least 10 years as the Company will be paying at least the interest on the mortgage plus some of the capital. There are some good deals around from developers who need to clear stock. You will need around 20-25% deposit plus 4-5% for extra costs. You could well end up buying in the lows before prices rise in the run up to Expo. Although renting gives you less commitment to Dubai, it also leaves you at the whim of the landlord and with a family and two kids, you'll probably end up subsidising your allowance. It would would work for singles or married couples but with kids in a decent area, not so sure. Subsidising a mortgage on your own home is one thing, doing it on a rental is another!
There'll be differing viewpoints so take as much advice as you can, including those on the line. Don't do anything rash, it's early days and you're in free digs. Just one question though. Were you shown this accommodation during your interview?
Good luck in your final decision.
Harry