Tenants living in Dubai Residential properties will be able to split their rent into smaller instalments under a new partnership with UAE-based fintech platform Rentify.

The service will be available to eligible new and renewing tenants across Dubai Residential's 22 communities, which are home to more than 146,000 residents.

Under the arrangement, tenants whose rent is paid in four equal instalments can use Rentify to divide their first instalment into smaller payments instead of paying the full amount at once. New tenants will also be able to use the option when signing their lease.

The service works through credit cards issued by selected banks, subject to eligibility requirements, applicable rates and terms. It will complement existing rent payment methods rather than replace them.

Ahmed Al Suwaidi, Managing Director of Dubai Residential, said the partnership reflects the company's commitment to making the rental journey simpler, more flexible and increasingly digital.

Rashed Hareb Al Mheiri, Co-Founder and CEO of Rentify, said tenants are increasingly seeking greater flexibility in how they manage rental payments.

The move is part of Dubai Residential's wider digital strategy, whose mobile app already offers maintenance requests, lease renewals, move-in and move-out services, rent payments and community updates.

(Source: Khaleej Times)