Dubai will introduce a new rent payment service in September. Tenants can spread annual rent over twelve months without any interest. A local bank will pay landlords the full rent upfront. This initiative aims to provide greater housing flexibility for residents. The Dubai Land Department is developing the final framework for this service.

New Dubai ‘Rent Now, Pay Later’ service will let tenants pay annual rent in up to 12 zero-interest instalments, enhancing flexibility in the rental market.

Dubai will introduce a new rent payment service in September. Tenants can spread annual rent over twelve months without any interest. A local bank will pay landlords the full rent…