Takeem, a UAE-based proptech, has launched a rental guarantee service in the GCC aimed at landlords, tenants, asset managers and agents, as regional property markets face renewed uncertainty.
The Takeem Rental Guarantee (TRG) covers landlords against tenant non-payment and includes emergency maintenance for urgent property repairs.
The company offers the service alongside Takeem Direct Debit (TDD), its automated rent collection system that replaces post-dated cheques with monthly direct debit payments.
According to Takeem, the UAE rental market has traditionally relied on post-dated cheques rather than rental protection schemes commonly used in markets such as the UK, Europe and the US.
The company said this has created challenges for landlords managing income risk and tenants seeking more flexible payment arrangements.
Rakesh Mavath, Co-founder and Chief Executive Officer of Takeem, said:
“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. By bringing together rental guarantees, automated payments and emergency maintenance into a single solution, TRG removes anxiety from the rental process.”
Takeem said it analysed data from 611,821 rental contracts to support its platform.
The company reported that it onboarded more than 55,000 units by early 2026, increasing to over 95,000 units by April, representing more than AED 9 billion in annual rental value across the UAE.
Featured image credit: Edited by Fintech News UAE, based on image by mangpor2004 via Freepik
