Housing priced so that lower- and middle-income households spend no more than a set share of income (often 30 percent) on rent or purchase; a growing policy focus in Egypt and Saudi Arabia's housing programmes.
Related terms
- Build-to-rent (BTR)
Purpose-built residential developed specifically to be rented rather than sold.
- Buy-to-let
A property bought specifically to rent out for income and capital growth rather than to occupy; a mainstay of individual investor demand in Dubai's off-plan an…
- Co-living
A rental format offering private bedrooms with shared kitchens, lounges, and services, marketed to young professionals; gaining traction in Dubai and Riyadh as…
- Compound (gated community)
A walled residential development with controlled access and shared amenities (security, pools, retail, schools), the dominant premium housing format in Cairo's…
- First-time buyer
A purchaser buying their first home, often targeted by developers and governments with preferential pricing, lower deposits, or subsidised finance to widen own…
- Gated community
A residential development with controlled access and shared amenities.
- Gross rental yield
Annual rent as a percentage of a residential property price.
- Handover
The point at which a completed unit is transferred to the buyer.