Takeem launches rental guarantee service covering defaults and emergency repairs
UAE-based proptech Takeem has introduced a rental guarantee service across the GCC designed to provide landlords with protection against tenant non-payment, while also including emergency maintenance support for urgent property repairs. The new offering, called Takeem Rental Guarantee (TRG), is being positioned as a solution for landlords, tenants, asset managers and agents amid ongoing uncertainty in regional property markets.
The service is being offered alongside Takeem Direct Debit (TDD), the company’s automated rent collection system that replaces post-dated cheques with monthly direct debit payments. Takeem said the combined model is intended to give landlords more predictable cash flow while offering tenants a more flexible rental payment structure.
According to the company, rental transactions in the UAE have traditionally relied on post-dated cheques rather than rental protection schemes that are more common in markets such as the UK, Europe and the US. Takeem said this structure has created challenges for landlords seeking to manage income risk, and for tenants looking for greater payment flexibility.
“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,” said Rakesh Mavath, Co-founder and Chief Executive Officer of Takeem. He added that combining rental guarantees, automated payments and emergency maintenance into one solution helps reduce uncertainty in the rental process.
Takeem said the platform is supported by data from 611,821 rental contracts. The company also reported that it had onboarded more than 55,000 units by early 2026, with that figure rising to over 95,000 units by April. It said these units represent more than AED 9 billion in annual rental value across the UAE.
The launch reflects a broader effort to modernize rental operations in the region, where digital payment tools and protection products remain less established than in some mature real estate markets. By pairing rent collection automation with financial cover for defaults and maintenance support, Takeem is targeting a segment of the market that has historically depended on manual processes and cheque-based payments.
Industry Analysis
Takeem’s rental guarantee service signals growing demand for proptech tools that address both payment efficiency and risk management in residential leasing. If adopted more widely, products like TRG could help landlords reduce exposure to missed payments while encouraging a shift away from traditional cheque-based rent structures. The addition of emergency maintenance coverage also suggests that proptech platforms are expanding beyond payments to offer more integrated property management services. For the wider GCC rental market, this may support greater flexibility for tenants and improved operational certainty for landlords and asset managers.
