Move to offer residents greater flexibility in rent payments
Dubai Residential, the owner and operator of one of the city’s largest and most diversified residential leasing portfolios, has partnered with Rentify, a UAE-based fintech and proptech platform, to introduce a new rental payment option for eligible new and renewing residents.
Available across Dubai Residential’s 22 communities, the service will extend to a portfolio home to more than 146,000 residents.
The partnership expands the range of rental payment options available to eligible residents, offering greater flexibility in how they manage their rent and monthly finances.
Rent structure
Residents whose rent is structured across four equal instalments can also use Rentify to break down their first instalment into smaller payments, while new residents can access the option when signing their lease.
Rentify complements Dubai Residential’s existing payment methods, giving eligible residents an additional way to structure their rental payments according to their needs. The service can be accessed using credit cards from select banks, with competitive rates, subject to applicable eligibility criteria and terms.
Seamless experience
“This is another step in creating a seamless experience across every stage of the resident journey, from enquiry and onboarding through to payments and renewals,” commented Ahmed Al Suwaidi, Managing Director, Dubai Residential.
“Together, we are making the rental experience more flexible, accessible and aligned with the evolving needs of residents,” noted Rashed Hareb Al Mheiri, Co-Founder and CEO, Rentify.
“Our partnership with Dubai Residential represents an important step in that evolution, bringing together technology, financial services and residential real estate to broaden payment choice and support a more flexible rental experience,” observed Rajneel Kumar, Co-Founder, Rentify.
