Revolutionizing Rent Payments in Dubai: The RNPL Service

A groundbreaking new service is making its way into the Dubai real estate market, providing renters the innovative opportunity to pay for their homes in 12 monthly instalments. This initiative is poised to significantly ease the financial burden for tenants across the UAE. Keyper, a Dubai-based real estate firm, has recently introduced its Rent-Now-Pay-Later (RNPL) service, allowing tenants to distribute their annual rent into manageable monthly payments.

Traditionally, tenants have had to grapple with the hefty lump-sum payment required at the beginning of each rental year. However, with Keyper’s new approach, they can now breathe a sigh of relief and pay their rent in 12 convenient instalments. This digital-first RNPL Marketplace features a carefully curated selection of premium properties from Dubai’s leading real estate agencies, all pre-approved for monthly payment plans, eliminating the stress associated with high upfront costs.

Forget the worries of managing your rent payments. Let Keyper take care of it for you. With Keyper, you can pay your rent in 12 instalments and even earn bank points each month.

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What’s truly remarkable about Keyper’s initiative is that it benefits both tenants and landlords. While tenants enjoy the flexibility of monthly payments via credit or debit card, landlords receive their annual rent upfront, ensuring that they are not adversely affected by the new payment structure. This dual benefit promotes a harmonious relationship between both parties.

With a fully digital experience that spans from property search to contract finalization, Keyper is redefining the rental process in a way that alleviates the financial strain on tenants while simultaneously providing landlords with the assurance of timely payments. The RNPL service effectively bridges the gap between traditional rental practices and modern financial management, enabling real estate agents to close deals more efficiently without compromising on terms.

Currently, the properties showcased on the marketplace are from reputable names like Dacha Real Estate, McCone Properties, D&B Properties, and Alba Homes. However, Keyper has ambitious plans for the future. While the RNPL service is currently exclusive to Dubai, there are aspirations to expand into Abu Dhabi and other cities across the UAE, thereby offering even more tenants the chance to manage their rental payments in a smarter and more convenient way.

(Credit: Adobe Express)

Alessia Sheglova, CEO of Dacha Real Estate, expressed her enthusiasm about the partnership with Keyper, stating, “We are very excited about partnering with Keyper to empower our tenants and landlords to rent on their own terms. Tenants will finally have the ability to pay monthly with their credit cards, which has been a long-desired feature, while our landlords will receive their payments upfront—every landlord’s dream. For our agents, this is a fantastic opportunity as they will gain access to qualified clients from the Keyper marketplace. Moreover, we can close more deals in a shorter time frame as Keyper effectively addresses the payment term gap. In our view, it’s a win-win situation for all parties involved. This is an incredibly exciting product to introduce to the market.”

Omar Abu Innab, co-founder and CEO of Keyper, shared his excitement for the launch of the Keyper RNPL Marketplace, saying, “We are thrilled to unveil the Keyper RNPL Marketplace, a platform designed to tackle one of the most significant challenges faced by tenants in Dubai—the burden of managing large, upfront rental payments. By providing a solution that allows for monthly payments, we not only help tenants better manage their finances but also modernize the entire rental experience. This launch represents a considerable step in our mission to make renting and owning property in Dubai as seamless and contemporary as possible.”

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