Proptech Startup, Keyper Secures $11M Series A to Transform UAE Rental Market with Flexible Monthly Payments

Yakub Abdulrasheed
By
Yakub Abdulrasheed
Senior Journalist and Analyst
Abdulrasheed is a Senior Tech Writer and Analyst at Techparley Africa, where he dissects technology’s successes, trends, challenges, and innovations with a sharp, solution-driven lens. He...
- Senior Journalist and Analyst
8 Min Read

UAE-based property technology (proptech) startup Keyper has secured $11 million in Series A funding as it accelerates efforts to modernise residential real estate through a digital platform that makes renting more flexible for tenants while improving cash flow for landlords.

The investment round was led by Speedinvest, with participation from NeoVentures (Mashreq), Middle East Venture Partners (MEVP), Dubai Future District Fund, Property Finder, Arab National Bank, Ellington Properties, Dar Ventures, and Abbey Road Investment Group.

The fresh capital will enable the company to expand its monthly rent payment platform, roll out new financing solutions for property owners, and strengthen its broader digital real estate ecosystem.

The funding also builds on Keyper’s previously announced $30 million Sukuk financing agreement with Franklin Templeton, reinforcing the company’s long-term growth ambitions.

Reflecting on the milestone, Keyper Co-Founder and Chief Executive Officer Omar Abu Innab said the company is “proud to have attracted a top-tier group of investors and strategic partners” that support its mission of transforming the UAE’s property sector through a fully digital experience for renters and property owners.

What does Keyper do?

Founded in 2022 by Omar Abu Innab and Walid Al Saqqaf, Keyper operates a digital residential real estate platform designed to simplify how people rent, manage, and own residential properties.

The company’s flagship offering allows tenants to convert what is traditionally a large annual rental payment into manageable monthly digital instalments. At the same time, landlords receive their rental income upfront, eliminating concerns over delayed or staggered payments.

Beyond rent facilitation, Keyper integrates property management technology with embedded financial services, creating a single platform that serves tenants, landlords, and property managers alike.

Through strategic partnerships with organisations including the Dubai Land Department, Abu Dhabi Advanced Real Estate Services (ADRES), Property Finder, Visa, and Mashreq, the company is helping drive the digital transformation of rental payments across the UAE.

According to the company, its platform combines “payments, financing, and property management,” offering an integrated experience that goes well beyond conventional rent collection.

The pain point in focus

Keyper was established to address one of the biggest challenges facing renters across the UAE and wider Gulf region.

In many cases, tenants are required to pay several months, or even an entire year’s rent, in advance, often through post-dated cheques. This system places significant financial pressure on renters, whose salaries are typically paid on a monthly basis.

By allowing tenants to spread rental payments across the year while ensuring landlords receive their full rental income immediately, Keyper bridges the gap between how people earn money and how rent has traditionally been paid.

Explaining the opportunity, Speedinvest Partner Rana Abdel Latif said the founders are “reimagining the rental experience by addressing one of the region’s largest pain points: the disconnect between how tenants earn and how rent is paid.”

The company believes greater payment flexibility will become increasingly important as demand grows for digital-first housing experiences across the UAE.

Why investors are interested

Investors see Keyper as more than a company that helps people pay rent. They view it as a platform capable of modernising one of the region’s largest financial ecosystems.

Dubai alone recorded more than AED100 billion in tenancy contracts last year, yet much of the rental market still relies on traditional payment methods. Investors believe digitising these recurring transactions could unlock entirely new opportunities for lending, investment products, and property financing.

Khalid S. Alghamdi, Chief Executive Officer of ANB Capital, argued that “this is not a rent app,” describing it instead as “the infrastructure layer for residential real estate.”

He noted that once rental cash flows become digital, transparent, and predictable, they can support the development of new financial products, including private credit, securitisation, and institutional investment opportunities.

Meanwhile, Mashreq’s NeoVentures described the investment as the beginning of a strategic partnership aimed at modernising rental payments, unlocking market liquidity, and delivering greater flexibility for both tenants and landlords.

Keyper’s plans for the new funding

The newly raised capital will support the company’s next stage of expansion as it seeks to scale its platform across the UAE.

Among its priorities are expanding its monthly rent payment solution, increasing adoption among institutional landlords and large residential property portfolios, introducing financing and liquidity products for property owners, and strengthening its ecosystem of property management and digital real estate services.

The company also plans to deepen its position as an integrated operating platform for residential real estate by bringing together payments, financial services, and property management within a single digital environment.

According to Omar Abu Innab, the investment strengthens Keyper’s mission of enabling “a fully digital journey for owners and renters alike.”

How big is Keyper already?

Although founded only in 2022, Keyper has recorded rapid growth across the UAE’s residential property market. The company says it has financed more than $44 million in rental value since launching its platform, including $19 million during 2026 alone.

Its platform now supports more than 10,500 residential properties with a combined value exceeding $6 billion, while serving approximately 4,000 landlords.

In addition, the Keyper mobile application has surpassed 100,000 downloads, highlighting increasing consumer adoption.

These figures suggest the company has moved beyond the early startup stage and is steadily establishing itself as a significant player within the UAE’s fast-growing proptech industry.

Why this matters

Keyper’s latest funding round reflects broader changes taking place across the Middle East’s real estate sector, where governments, financial institutions, and technology companies are increasingly embracing digital solutions to modernise long-established processes.

Flexible rent payments can reduce the financial burden on tenants, improve cash-flow certainty for landlords, and create new opportunities for banks and investors by digitising recurring rental income.

The investment also aligns with Dubai’s ambition of becoming one of the world’s leading technology-driven cities.

According to Dubai Future District Fund Managing Director Nader AlBastaki, making rent payments “more flexible and accessible” contributes directly to the emirate’s long-term vision of attracting global talent while expanding opportunities for innovation and venture capital.

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Senior Journalist and Analyst
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Abdulrasheed is a Senior Tech Writer and Analyst at Techparley Africa, where he dissects technology’s successes, trends, challenges, and innovations with a sharp, solution-driven lens. He holds a Bachelor’s degree in Criminology and Security Studies, a background that sharpens his analytical approach to technology’s intersection with society, economy, and governance. Passionate about highlighting Africa’s role in the global tech ecosystem, his work bridges global developments with Africa’s digital realities, offering deep insights into both opportunities and obstacles shaping the continent’s future.
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