UAE-based proptech Takeem has launched a rental guarantee service across the GCC, targeting landlords, tenants, and asset managers who are navigating renewed uncertainty in regional property markets. The new service aims to provide a structured safety net against tenant defaults, a long-standing challenge in the region.
Quick Facts
- New rental guarantee service launched in the GCC.
- Covers tenant non-payment and emergency property repairs.
- Platform represents over AED 9 billion in rental value.
Tackling the Post-Dated Cheque Problem
The Takeem Rental Guarantee (TRG) is designed to address a core friction point in the UAE’s rental market: its historical reliance on post-dated cheques. Unlike markets in the UK, Europe, and the US where rental protection schemes are common, the regional system has often created income risks for landlords and payment inflexibility for tenants.
Takeem’s new offering directly confronts this issue by providing landlords with coverage against non-payment, while its automated rent collection system, Takeem Direct Debit (TDD), replaces the need for cheques with monthly digital payments.
A Three-in-One Solution for Landlords
By bundling rent protection with automated payments and property maintenance, Takeem is positioning its TRG as a comprehensive tool to de-risk property leasing.
Rakesh Mavath, Co-founder and Chief Executive Officer of Takeem, explained the value proposition:
“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.”
Platform Growth and Market Penetration
To build its platform, Takeem said it analyzed data from 611,821 rental contracts.
The company reported significant traction, onboarding more than 55,000 units by early 2026, a figure that increased to over 95,000 units by April. This portfolio represents an annual rental value of more than AED 9 billion across the UAE.
About Takeem
Takeem is a UAE-based property technology company focused on modernizing the rental market. It offers solutions like the Takeem Rental Guarantee (TRG) and Takeem Direct Debit (TDD) to provide income security for landlords and payment flexibility for tenants, aiming to replace traditional post-dated cheque systems.
Source: Fintech News Middle East
