New service of rent-now-pay-later has hit the Dubai real estate market, renters can pay in 12 monthly instalments

Renters in Dubai can now choose to pay for their homes in twelve monthly installments with a revolutionary new service. Rent-now-pay-later (RNPL) is a service that Dubai-based real estate company Keyper has introduced to let tenants spread out the expense of their annual rent. Now, renters can pay in twelve convenient installments.

This digitally-first RNPL Marketplace offers a carefully chosen assortment of top tier properties from Dubai's finest agencies, all of which are already pre-approved for monthly payments.

While tenants have the option to pay rent on a monthly basis using a credit or debit card, landlords still receive their annual fee in full, providing flexibility for all parties.Keyper is addressing the financial strain of renting in a way that is advantageous to both parties by offering a fully digital experience from the point of property search to the signing of the contract. 

Real estate brokers will find it simpler to finalize deals without compromising on conditions thanks to the RNPL service, which fills the gap between traditional rental methods and contemporary financial management.

Large companies like Dacha Real Estate, McCone homes, D&B Properties, and Alba Homes are among those whose homes are now listed on the marketplace. However, Keyper is focused on the future. 

The program is now only available in Dubai, but there are plans to expand it to Abu Dhabi and other UAE cities as well, allowing even more tenants to pay their rent more intelligently.