Takeem launches UAE’s first rent guarantee, reshaping rental market stability

Real Estate

Takeem launches UAE’s first rent guarantee, reshaping rental market stability

Takeem, an award-winning proptech platform, has introduced the UAE’s first rent guarantee service, marking a significant shift in the country’s rental market infrastructure. The new offering aims to strengthen landlord protection while enhancing flexibility and security for tenants.

The Takeem Rental Guarantee (TRG) provides coverage against tenant non-payment, alongside emergency maintenance services for urgent property repairs. The solution is complemented by Takeem Direct Debit (TDD), an automated digital payment system that replaces traditional post-dated cheques with monthly direct debit collections. The services are available to landlords, tenants, asset managers, and real estate agents, either as a bundled offering or independently.

For decades, the UAE rental sector has operated without the structured safeguards commonly seen in mature markets such as the UK, Europe, and the United States. Landlords have traditionally relied on post-dated cheques—an approach that offers limited security while restricting tenants’ financial flexibility. This gap has often resulted in increased friction, income uncertainty, and delayed property maintenance.

Rakesh Mavath, Co-founder and CEO of Takeem, said the launch introduces a new level of confidence and predictability to the market. “For the first time, landlords in the UAE have a structured way to protect against tenant default, while gaining the confidence to offer monthly payment terms without compromising income certainty,” he said. “By integrating rental guarantees, automated payments, and emergency maintenance into one solution, TRG removes anxiety from the rental process and supports a more stable market environment.”

Industry stakeholders have also welcomed the initiative. Youssef Rabah, Property Management and Inspections Director at Provident Real Estate, noted that the platform enhances reliability for both landlords and tenants. “It brings a level of structure and certainty that contributes to a more balanced rental ecosystem,” he said.

Takeem’s rollout is supported by extensive proprietary data, including analysis of more than 611,000 rental contracts. The platform has experienced rapid growth, onboarding over 55,000 units by early 2026 and exceeding 95,000 units by April. This portfolio represents more than AED 9 billion in annual rental value nationwide, highlighting increasing demand for data-driven solutions and greater market transparency.

The launch of TRG reflects a broader shift toward modernising the UAE’s rental landscape, aligning it more closely with global standards while reinforcing investor confidence amid evolving market conditions.