Takeem Launches Rental Guarantee Covering Rent Defaults and Emergency Repairs
DUBAI, UAE – April 27, 2026 — UAE-based proptech Takeem announced the launch of Takeem Rental Guarantee (TRG), the GCC’s first service protecting landlords against tenant non-payment and urgent property repairs. The product bundles guarantees with automated payments and emergency maintenance to enable secure monthly rent terms, addressing longstanding risks in the UAE’s cheque-based rental system.
Announcement Specifics
Dubai-headquartered Takeem analyzed 611,821 rental contracts to launch TRG, now available at Takeem.ai alongside Takeem Direct Debit (TDD) for replacing post-dated cheques with monthly collections. By April 2026, the company onboarded over 95,000 units covering AED 9 billion in annual UAE rental value, up from more than 55,000 units earlier this year.
Stakeholder Perspectives
“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. This, in turn, supports a stable and predictable market environment, strengthening investor confidence and aligning with the UAE’s broader economic and regulatory direction.”
— Rakesh Mavath, Co-founder and CEO at Takeem
Why it matters: The launch shifts UAE rentals from high-risk cheque dependency to insured models, directly enhancing landlord security and market stability.
“Takeem has enabled us to offer landlords greater certainty on their rental income while ensuring tenants are protected. It brings a level of structure and reliability that contributes to a more stable and balanced market.”
— Youssef Rabah, Property Management Director at Provident Real Estate
Why it matters: Partner feedback demonstrates practical operational benefits for agencies managing portfolios at scale.
Industry Context
UAE rental markets have traditionally relied on post-dated cheques, lacking the insurance schemes prevalent in the UK, Europe, and US. Proptech solutions like TRG leverage data-driven risk engines to fill this market gap, reducing defaults and enabling flexible payment structures. As the GCC’s first rental guarantee product, TRG targets landlords, tenants, and agents across the region, with primary focus on the UAE market and expansion potential amid Dubai’s digital transformation push.
Conclusion
TRG is expected to stabilize rental markets, enhance investor confidence, and promote tenant payment flexibility, positioning Takeem as a MENA proptech leader while aligning with the UAE’s broader economic diversification vision.
Sources: Fintech News, Zawya, Takeem
