22 April 2025, Tue |
4:48 PM
Rentify launches to transform the UAE real estate market with AI-powered tools, flexible rent payments, and a seamless digital experience for landlords and tenants.
Rentify, a fintech and proptech startup, has launched in the UAE, offering a seamless and tech-driven rental experience for landlords and tenants. The company already has AED 1.5 billion in property value signed up and is scaling rapidly.
With $500,000 in funding secured from a consortium of investors, Rentify aims to digitize the property ecosystem using transparency, trust, and technology.
The platform addresses key inefficiencies in the rental market. These include cheque-based payments, fragmented communication, and tenant verification. Rentify solves these issues through AI verification, automated onboarding, and secure payment systems.
Tenants benefit from ‘Rent Now, Pay Later’ options, exclusive rewards, and a fully digital rental process. Meanwhile, landlords gain access to data-driven insights, automated rent collection, and verified tenants. The result is a more efficient and reliable rental experience for all users.
Rashed Hareb, Co-founder and CEO of Rentify, said the platform is built to remove friction from the rental process. According to him, Rentify offers a digital-first experience that is simple and rewarding for tenants, landlords, and brokers alike. The startup aims to become the UAE’s smartest rental platform and plans to use the funding to fuel expansion and product development.
Rentify’s platform includes AI-powered features like automated rent collection and predictive analytics. It also offers secure transactions, real-time alerts, and a minimal-paperwork experience. Users can complete the entire rental process online, backed by 24/7 customer support.
Rajneel Kumar, Co-founder and COO of Rentify, said the goal is to make renting more transparent, efficient, and flexible. The recent investment will support growth, strategic partnerships, and the expansion of the Rentify Rewards program.
The advisory board includes experienced industry leaders such as Bader Hareb (Global Partners Property Fund, Dubai Islamic Bank), Saeed Al Awar (Rothschild & Co), and Karl Tlais (iAdvisory, Dubai Future Fellow). Their guidance will help drive Rentify’s long-term vision.
As the UAE real estate market evolves, Rentify is positioned to lead digital transformation in the rental sector. The platform promises a smarter, more secure, and rewarding rental journey for the modern user.
