Dubai, UAE – In a property market known for luxury towers and record-breaking transactions, one startup is focused on solving a more everyday problem: how rent is paid and managed in the UAE. Dubai-based Keyper is quietly driving a transformation in the way tenants, landlords, and property investors engage with real estate—through a seamless digital-first approach.
Founded in 2021 by Omar Abu Innab and Walid Shihabi, Keyper set out to address the longstanding inefficiencies in property and rental management across the region. From bulky paper cheques to disconnected maintenance requests and scattered yield tracking, the traditional system has often failed to keep up with the demands of modern living. Keyper’s platform brings these functions into a single, integrated ecosystem.
One of its most disruptive offerings is its Rent Now, Pay Later (RNPL) product, which enables tenants to pay their rent monthly using a credit card. In a market where tenants are typically required to issue two or four cheques annually, this model introduces much-needed flexibility. At the same time, landlords benefit from guaranteed annual payments and reduced risk, solving pain points on both sides of the equation.
But the platform goes beyond flexible rent payments. It provides a comprehensive property management dashboard for landlords and real estate investors. This includes real-time income tracking, property valuations, automated maintenance coordination, and return-on-investment insights. By consolidating these services into one platform, Keyper has positioned itself as a full-stack proptech solution—especially appealing to landlords who manage multiple units or portfolios.
Keyper’s strong value proposition has attracted serious investor attention. The company has raised over $40 million in capital, including $4 million in pre-Series A equity led by BECO Capital and Middle East Venture Partners (MEVP), along with participation from Vivium Holding, Jabbar Group, Signature Developers, Annex Investments, Pin Investment, and Al Qahtani Investment. In a move that underscores growing investor confidence in its model, Keyper also secured $30 million in Shariah-compliant Sukuk financing from Franklin Templeton—a rare feat for a tech startup at this stage.
Currently managing over 2,000 properties, Keyper is actively building partnerships with banks, brokerages, and regulatory bodies to integrate more deeply into the UAE’s real estate ecosystem. Its model aligns with Dubai’s push for smart city infrastructure and supports the government’s broader vision of digitizing public and private services.
Keyper’s emergence also signals a broader shift in how property technology is evolving in the Middle East. As digital solutions begin to take hold in everything from home financing to asset management, Keyper is carving out a unique space for itself in the rent and ownership segment—one that remains under-digitized despite high investor activity.
As proptech continues to gain momentum in the UAE, Keyper stands out as a company that isn’t just riding the wave but actively shaping it. By solving everyday challenges for renters and landlords with smart, accessible tools, the startup is redefining real estate management—one digital rent payment at a time.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
