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Keyper Launches Rent-Now-Pay-Later Service In Dubai, Enabling Tenants To Spread The Cost Of Renting In The UAE.
A Dubai-based real estate firm, Keyper, has launched a new rent-now-pay-later (RNPL) service, transforming the rental market. This service lets tenants pay their rent in 12 easy monthly installments instead of one lump sum. This innovation aims to ease renters’ financial burden and modernize how tenants and landlords manage payments in the UAE.
The RNPL Marketplace: A New Era for Dubai Renters
Keyper’s RNPL Marketplace offers tenants access to approved properties for monthly rent payments. This digital marketplace is designed to give tenants flexibility and help them avoid large upfront payments, which are often a major hurdle when renting a home in Dubai. Instead of paying the entire year’s rent in advance, tenants can spread the cost over the year.
Simplifying the Rental Experience
What sets Keyper apart from other real estate platforms is that all properties are listed with the option of paying monthly. This gives renters a straightforward view of their financial commitment, smoothing the rental process. Keyper also provides a fully digital experience, from browsing properties to signing agreements, ensuring a hassle-free journey for tenants.
Financial Flexibility for Tenants
This new service means greater financial flexibility for renters. Tenants can manage their budgets more effectively by paying rent in smaller amounts over time. This primarily benefits those who find it challenging to make significant upfront payments when moving into a new property. Rent can be paid via credit or debit card, offering tenants even more convenience.
Landlords Reap the Benefits Too
Keyper’s service benefits tenants and offers significant advantages for landlords. While tenants enjoy monthly payments, landlords still receive their annual rent in full, upfront. This arrangement helps landlords avoid potential cash flow problems while tenants get the flexibility they desire. It’s a solution that works for both parties without forcing either side to compromise.
Streamlining Deals for Real Estate Agents
Real estate agents are also in a better position with this new marketplace. Keyper’s RNPL service provides agents with a steady stream of qualified clients ready to pay on favorable terms. Since many tenants prefer monthly payments, agents can close deals faster, helping them boost their business and simplify the rental process.
Top Agencies Partnering with Keyper
The properties listed on Keyper’s RNPL Marketplace have been carefully selected through partnerships with Dubai’s leading real estate agencies. These agencies include Dacha Real Estate, McCone Properties, D&B Properties, and Alba Homes. The curated property selection ensures that tenants can find homes that suit their needs while enjoying the benefits of RNPL.
Industry Leaders Weigh In
Alessia Sheglova, CEO of Dacha Real Estate, expressed her excitement about partnering with Keyper. She highlighted that tenants have been seeking a monthly payment option for years. “Our landlords get their rent in full, while tenants pay monthly. It’s a dream scenario for both,” she said.
A Win-Win for the Dubai Real Estate Market
This new payment method is poised to reshape the Dubai rental market. By digitizing rent payments and aligning with the Dubai Government’s Paperless Strategy, Keyper sets a new benchmark for accessibility and convenience. The RNPL service bridges the gap between tenants’ financial needs and landlords’ expectations, ensuring a smoother, more efficient rental process for all involved.
What the Future Holds for Keyper
Though the RNPL Marketplace is currently exclusive to Dubai, Keyper has plans to expand its service to other cities, including Abu Dhabi. The company is also working to grow its property inventory by partnering with more top real estate agencies across the UAE. This expansion will further strengthen the service and ensure it continues to meet the needs of tenants throughout the country.
In Contrast…!
Keyper’s rent-now-pay-later service is a groundbreaking solution for Dubai’s rental market. With a focus on financial flexibility, seamless digital experiences, and strategic partnerships, Keyper is well on its way to revolutionizing how tenants and landlords approach property rentals. This innovative approach is a win for everyone—from tenants seeking more accessible payment terms to landlords looking for reliable, upfront income.
By offering a flexible and modern rental experience, Keyper sets a new standard in the UAE’s property market. Tenants can now move into their dream homes without the stress of a large, upfront payment, while landlords can still enjoy the full benefits of receiving their rent.
