UAE-based proptech and fintech startup Rentify has just secured a $500,000 investment to supercharge its growth and shake up the country’s rental market. With tech-driven solutions and a user-friendly platform, the startup is on a mission to make renting smarter, easier, and more flexible for both landlords and tenants.
Meet Rentify – A Fresh Take on Renting
Founded in early 2025 by Rashed Hareb and Rajneel Kumar, Rentify blends property and financial tech into one powerful platform. Its core mission? To simplify the outdated rental process and offer a fully digital, AI-powered experience for everyone involved.
Since launching, Rentify has already signed up AED 1.5 billion (~$408M) worth of properties to its platform—yes, you read that right!
With the new $500K in funding from a group of undisclosed investors, Rentify is now set to:
- ✅ Onboard even more properties
- ✅ Enhance its tech features
- ✅ Fuel strategic partnerships
- ✅ Expand the Rentify Rewards program
Tech-Driven and Tenant-Friendly
Rentify eliminates many of the pain points in traditional renting—think cheque payments, tons of paperwork, and back-and-forth with agents. Instead, it offers:
AI-Powered Features
- ✔️ Smart onboarding
- ✔️ Automated rent collection
- ✔️ Predictive analytics for landlords
Trust & Transparency
- ✔️ Verified tenants and landlords
- ✔️ Secured digital transactions
- ✔️ Real-time alerts and communication
Tenant Perks
- ✔️ ‘Rent Now, Pay Later’ options
- ✔️ Exclusive rewards for on-time payments
- ✔️ A fully digital, hassle-free rental journey
Smooth Digital Experience
- ✔️ Minimal paperwork
- ✔️ 24/7 support
- ✔️ Easy-to-navigate platform
Founders Speak
“This is the moment renting changes forever. We’ve built Rentify to remove the friction from the rental process and make it more rewarding for everyone—tenants, landlords, even brokers. Our goal is to become the smartest rental platform in the UAE,” said Rashed Hareb, Co-founder & CEO.
“With this funding, we’re doubling down on tech, growth, and partnerships. We’re excited to empower residents with smarter leasing and more financial freedom,” added Rajneel Kumar, Co-founder & COO.
Backed by Top Industry Minds
Rentify also boasts a strong advisory board guiding its growth, including:
- Bader Hareb – Former CEO, Emaar Development
- Saeed Al Awar – Partner, Rothschild & Co
- Karl Tlais – Dubai Future Fellow & Digital Economy Leader
These seasoned advisors are helping Rentify make smart moves as it scales up and pushes boundaries in the UAE’s ever-evolving real estate market.
With flexible payments, verified tenants, and cutting-edge tech, Rentify is setting a new standard for renting in the UAE. This $500K boost is just the beginning of a journey toward making renting seamless, secure, and seriously rewarding.