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Home » Keyper Introduces Rent Now, Pay Later in Dubai
Middle East

Keyper Introduces Rent Now, Pay Later in Dubai

Transforming Dubai's Rental Market: Keyper Launches Rent Now, Pay Later Service for Tenants
News DeskBy News Desk25 September 2024No Comments2 Mins Read
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A Dubai real estate firm, Keyper, has introduced a rent-now-pay-later (RNPL) service aimed at revolutionising the property rental landscape in the UAE. This innovative marketplace allows tenants to pay their rent in 12 monthly instalments rather than making a full upfront payment for the year.

Keyper’s RNPL Marketplace features a curated selection of high-quality properties from top real estate agencies in Dubai, all pre-approved for the RNPL service. This ensures that tenants have access to a diverse range of rental options tailored to their needs.

Unlike traditional real estate platforms, all listings on the RNPL Marketplace are priced for monthly payments, creating a digital-first rental experience that addresses the significant move-in cost burden many tenants face in the UAE. By facilitating monthly payments for long-term leases, Keyper enhances tenants’ financial management capabilities and alleviates the need for substantial lump-sum payments.

In addition to offering financial flexibility, the platform provides an end-to-end digital experience that simplifies the rental process, from property searches to finalising agreements. Landlords also benefit from the option to receive their annual rent upfront, while tenants can conveniently pay via credit or debit card.

This modern approach aligns traditional rental expectations with contemporary financial management, allowing partner real estate agents to close deals more efficiently without compromising on payment preferences for landlords and tenants alike. Keyper collaborates with leading Dubai real estate agencies, such as Dacha Real Estate, McCone Properties, D&B Properties, and Alba Homes, to curate its marketplace.

Keyper’s RNPL Marketplace aims to set a new standard for accessibility and convenience in Dubai’s rental market, supporting the Dubai Government’s Paperless Strategy. While initially launching in Dubai, Keyper plans to expand its RNPL service to other cities in the UAE, including Abu Dhabi, and is committed to increasing its rental inventory through partnerships with other top real estate agencies.

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