The revolution of rent payment among tenants in Dubai has been witnessed through provision of new service. The Dubai firm Keyper of real estates has recently initiated rent-now-pay-later (RNPL) mechanism which enables tenants to pay each month of a rental price rather than paying all in advance as is usually required. Many of the renters in the UAE have found this service a timely help to ease their financial burden and increase their flexibility.
Keyper’s measure makes it possible for tenants to pay this in monthly instalments through credit or debit card while the landlords still get their full amount of rent per annum. The RNPL Marketplace lists the best properties sourced from several agencies such as Dacha Real Estate, McCone Properties, D&B Properties, and Alba Homes, to enable renters access homes without having to make those pricey down payments.
Everything, from the search for properties to signing the contract is online, making the process easier for tenants, landlords and real estate agents. For now, Keyper is available in Dubai only, but the company’s idea is to extend this service to Abu Dhabi and other UAE cities, so more renters can benefit from such option.
Alessia Sheglova, the CEO of Dacha Real Estate, and Omar Abu Innab, CEO and co-founder of Keyper, stress that the platform is mutually advantageous, good for tenants, landlords, and agents. Hot on the heels of Dubai, through the innovation of rental payments, Keyper is revolutionizing the market.
