Dubizzle Group has announced a strategic partnership and investment in UAE-based proptech company Takeem. As part of the partnership, Bayut and dubizzle will serve as the exclusive property portals for Takeem’s Rental Guarantee solution across the UAE. The collaboration aims to provide landlords, tenants, agents and property managers with a more reliable and transparent rental experience.
The investment was made through Dubizzle Group Ventures and follows the Group’s recent investment in UAE-based rental payments platform Tern.
What is Takeem?
Founded in 2023 by Rakesh Mavath and Pooja Vithlani, Takeem is a UAE-based proptech platform focused on reducing financial risks associated with residential leasing.
Takeem’s flagship Rental Guarantee solution is the first of its kind in the GCC. It helps protect landlords against potential tenant payment defaults and provides emergency maintenance coverage for urgent property repairs.
The platform also enables monthly rent payments through digital direct debit. This gives tenants a more flexible payment option while helping landlords maintain a more predictable rental income stream.
Takeem has expanded rapidly since its launch. The platform has onboarded more than 100,000 units across the UAE. It also uses a proprietary rental data database to support its risk assessment models and improve rental decision-making.
According to Takeem, client onboarding increased by 900% over the past two months, reflecting growing demand for rental protection solutions in the UAE.
How the Partnership Benefits the UAE Rental Market
Through this partnership, landlords and agents using Bayut and dubizzle will gain access to Takeem’s Rental Guarantee solution. The collaboration is expected to deliver several benefits across the rental ecosystem:
- Greater confidence for landlords and agents during rental transactions
- A more structured leasing process through integrated digital solutions
- Improved transparency between landlords, tenants and property managers
- Enhanced access to rental services through leading property platforms
Dubizzle Group Expands its Proptech Ecosystem
The investment in Takeem builds on Dubizzle Group’s recent partnership with Tern, a UAE-based rental payments platform.
While Tern focuses on improving payment options for tenants, Takeem addresses rental security for landlords. Together, the partnership supports the vision of creating an integrated rental ecosystem that covers property discovery and risk management.
Commenting on the partnership, Haider Ali Khan, CEO of Dubizzle Group UAE, said that Takeem addresses an important gap in the rental journey by helping make transactions more secure and dependable.
He added that combining Takeem’s rental protection solution with Tern’s payment platform allows Dubizzle Group to support landlords, tenants and agents throughout the rental process.
FAQs
How will the Dubizzle Group Takeem investment benefit landlords and tenants?
The partnership will help landlords reduce uncertainty in rental income while giving tenants access to flexible digital rent payment options. It also supports a more transparent and structured rental process.
Why did Dubizzle Group invest in Takeem?
Dubizzle Group invested in Takeem to strengthen its digital rental ecosystem and provide more secure, reliable solutions for landlords, tenants, agents and property managers across the UAE.
The UAE property market is increasingly adopting digital solutions that improve transparency, convenience and efficiency. Dubizzle Group Takeem investment reinforces Dubizzle Group’s commitment to supporting the evolving needs of the UAE rental market through technology-driven solutions.
As the demand for UAE properties for rent continues to grow, digital solutions are helping create a more transparent and efficient rental experience for landlords and tenants.
If you want to stay updated on the latest real estate partnerships and proptech developments, stay tuned to the dubizzle property blog.
