Dubai, UAE – Keyper, a leading property management platform, has launched a revolutionary rental marketplace in Dubai, allowing tenants to pay their rent in 12 monthly installments instead of the traditional lump-sum payments. This Rent Now, Pay Later (RNPL) model aims to alleviate the financial burden for tenants by offering pre-approved properties from several major real estate agencies in the city.
The RNPL marketplace addresses a long-standing challenge in Dubai’s rental market—upfront costs that have historically made securing leases difficult. By enabling tenants to pay their rent in manageable monthly installments, Keyper offers a fully digital solution from property search to lease finalization, ensuring a smooth and streamlined experience.
One of the platform’s most significant features is that landlords can still receive the entire annual rent upfront, while tenants can use credit or debit cards to pay in monthly installments. This innovative approach aims to balance the financial preferences of both parties, benefiting tenants, landlords, and real estate agents alike by speeding up transactions and closing deals more efficiently.
Alessia Sheglova, CEO of Dacha Real Estate, a Keyper marketplace partner, emphasized the benefits for both landlords and tenants. “Tenants have long desired the flexibility to pay monthly with their credit cards, and landlords will now be paid upfront in one payment—every landlord’s dream. For our agents, this is a game-changer. We gain access to qualified clients through the Keyper marketplace and can close more deals faster, as Keyper bridges the gap on payment terms.”
Keyper’s advanced tenant screening technology, developed in collaboration with Uqudo and Lean Technologies, further simplifies the rental process. Through digital identity verification and open banking tools, tenants can quickly check their eligibility for the RNPL option, all from a mobile device.
Omar Abu Innab, CEO of Keyper, highlighted the broader impact of the marketplace: “By offering a solution that allows monthly payments, we’re not only helping tenants better manage their finances but also modernizing the entire rental experience. This launch is a significant step in our mission to make renting and owning property in Dubai as smooth and modern as possible.”
Following its Dubai launch, Keyper plans to expand the RNPL model to other cities across the UAE, including Abu Dhabi, with ongoing partnerships to further grow its rental inventory in response to the evolving demands of the market.
