A game-changing new service has hit the Dubai real estate market, offering renters the chance to pay rent for their homes in 12 monthly instalments – and it’s set to make waves for those renting across the UAE.
Keyper, a Dubai-based real estate firm, has just launched its rent-now-pay-later (RNPL) service, making it easier for tenants to spread the cost of their yearly rent.
Instead of facing the all-too-familiar lump-sum payment at the start of the year, tenants can now pay in 12 manageable instalments (do we hear sighs of relief everywhere?).
This digital-first RNPL Marketplace features a curated selection of top-tier properties from Dubai’s leading agencies, already pre-approved for monthly payments, so there’s no need to stress over high upfront costs.
Don’t stress over your rent. Let Keyper handle it for you. Pay your rent in 12 instalments and earn bank points every month.
Here’s the kicker – Keyper’s approach isn’t just about making things easier for tenants. Landlords still get their annual rent upfront, while tenants can opt for monthly payments via credit or debit card, offering flexibility for everyone involved.
With a fully digital experience from property search to finalising the agreement, Keyper is tackling the financial burden of renting in a way that benefits both sides.
The RNPL service bridges the gap between traditional rental methods and modern financial management, making it easier for real estate agents to close deals without compromising on terms.
So far, the properties featured on the marketplace are from big names like Dacha Real Estate, McCone Properties, D&B Properties and Alba Homes. But Keyper has its eyes on the future.
While the service is currently exclusive to Dubai, there are plans to expand into Abu Dhabi and other UAE cities, giving even more tenants the chance to manage their rent payments in a smarter way.
Alessia Sheglova, CEO of Dacha Real Estate, said: “We are very excited about partnering with Keyper to enable our tenants and landlords to rent on their desired terms.
“Tenants will get to pay monthly with their credit card, which they have desired for the longest time, and our landlords will get paid upfront in one payment, every landlord’s dream.
“For our agents, this is a great deal because they get qualified clients from the Keyper marketplace. We also get to close more deals faster, as Keyper can breach the gap on payment terms.
“In our opinion, it’s a win-win for all parties involved. A super exciting product to come to the market.”
Omar Abu Innab, co-founder and CEO of Keyper, said: “We are thrilled to launch the Keyper RNPL Marketplace, a platform that we believe will address one of the biggest hurdles for tenants in Dubai – the challenge of managing large, upfront rental payments.
“By offering a solution that allows for monthly payments, we’re not only helping tenants better manage their finances but also bringing the entire rental experience into the 21st century. This launch is a significant step in our mission to make renting and owning property in Dubai as smooth and modern as possible.”
Source: Timeoutdubai
