The partnership seeks to phase out cheque-based rents in favour of regulated digital payment solutions.
Abu Dhabi: Advanced Real Estate Services (ADRES) has signed a memorandum of understanding (MoU) with Keyper, a UAE-based PropTech company specialising in digital rent management, Rent Now, Pay Monthly (RNPM) solutions, and integrated property payment platforms.
The MoU establishes a collaboration aimed at supporting the digitalisation of the rental payment ecosystem across Abu Dhabi and other emirates, with a focus on regulated digital alternatives to traditional cheque-based rent payments.
Through the partnership, ADRES and Keyper plan to enable Keyper’s RNPM product, allowing tenants to make flexible monthly digital rent payments instead of lump-sum annual or quarterly cheques, while also offering tenants earned bank points and rewards. The collaboration also includes the activation of Keyper’s “Upfront Rent” product, which enables property owners and enterprise landlords to access annual rental income in advance.
The MoU further covers the development of an integrated digital property management platform for the rental ecosystem, bringing together enterprise landlords, individual property owners, and tenants across multiple emirates.
The partnership supports ADRES’ mandate to advance digital transformation in the real estate sector and strengthen its position as a regional leader in PropTech innovation and smart city infrastructure.
Moath Maqbol, General Manager of ADRES, said: “This MoU reflects our commitment to supporting the digital transformation of the real estate sector through practical solutions that improve efficiency and enhance the experience of tenants, landlords, and real estate stakeholders. By working with Keyper, we aim to explore digital rent payment and property management solutions that support a more flexible and connected real estate ecosystem across Abu Dhabi and other emirates.”
Omar Abu Innab, CEO and Co-founder of Keyper, said: “We are pleased to sign this MoU with ADRES to support the development of digital rent payment solutions in Abu Dhabi and other ADRES areas. Through our Rent Now, Pay Monthly offering, we aim to make rent payments more flexible for tenants while helping landlords and property owners benefit from more efficient rent collection and property management tools.”
As part of the MoU, ADRES and Keyper will set up a delivery-focused framework to evaluate technologies, develop and implement execution plans, and introduce measurable innovation initiatives aimed at improving the rental experience and rent payment processes.
