Rentify, a fintech and proptech startup, has officially launched in the UAE, aiming to redefine the rental ecosystem. With AED 1.5 billion in property value already signed up, the company offers a seamless, tech-driven rental experience for both landlords and tenants. Rentify’s AI-powered platform automates rent collection, provides flexible payment solutions, and integrates verified tenant onboarding, addressing common rental market inefficiencies like cheque-based payments and fragmented communication.
The company secured $500,000 in funding from a consortium of investors, further fueling its mission to digitize the UAE’s property market with transparency, trust, and technology. Rentify’s platform introduces a range of benefits, such as “Rent Now, Pay Later” options for tenants, data-driven insights for landlords, and secure digital transactions. The platform also offers rewards and incentives for timely rent payments and streamlined leasing processes.
Co-founder and CEO Rashed Hareb emphasized Rentify’s mission to eliminate friction in the rental process and offer a fully digital, user-friendly experience for all stakeholders. With the backing of key strategic advisors, Rentify is set to transform the rental landscape in the UAE, making renting smarter, secure, and more rewarding.
Key Features of Rentify:
- AI-powered platform with automated rent collection and predictive analytics.
- Verified tenants and landlords with secure transactions using AI.
- Seamless digital experience with minimal paperwork and 24/7 customer support.
- Flexible rent payment options and exclusive rewards for tenants.
Rentify’s board of advisors includes prominent figures like Bader Hareb (Executive Chairman, Global Partners Property Fund) and Saeed Al Awar (Partner, Rothschild & Co), providing strategic guidance to drive growth and innovation. As Rentify expands across Dubai, Abu Dhabi, and Sharjah, it aims to lead the transformation of the UAE’s rental industry.
