Signing a new lease in Dubai usually means handing over a big share of your annual rent before you move into your new home. For many tenants, paying the full amount upfront is inconvenient and requires a lot of saving. For renters comparing options for monthly rent in Dubai, Rent in 12 offers another way to manage the same annual commitment.
With Rent in 12, you can pay your annual rent in 12 monthly card payments, while your landlord continues to receive rent payments according to the agreed payment schedule.
Here’s how it works, what the service fee covers, and who can use the service.
- What is Rent in 12?
- How does Rent in 12 work?
- Why use Rent in 12?
- Who is eligible for Rent in 12?
- How much does Rent in 12 cost?
- How is Rent in 12 different from a personal loan?
- How is Rent in 12 different from a personal loan?
- Key takeaways
- FAQs
What is Rent in 12?
Rent in 12 is a service available exclusively on the Property Finder app that lets you split your annual rent into 12 monthly card payments. Instead of paying a large amount upfront, you can spread your rent across the year and align your monthly rent payment with your salary cycle.
Simply get approved, find your home, sign your tenancy contract, and start paying rent monthly.
How does Rent in 12 work?
The entire process is completed in a few simple steps, exclusively through the Property Finder app:
1. Get approved
Connect your bank account and get approved in less than 4 minutes.
2. Find your home
Browse homes with the “Rent in 12” filter and find the one that’s right for you.
3. Contact the agent & sign your tenancy contract
Book a viewing with the agent and sign your tenancy contract.
4. Start paying monthly
Your card is charged automatically on the same date every month, making it easy to pay rent with card, and you can track your payments directly in the app.
Why use Rent in 12?
Here is what this service changes for tenants in Dubai:
- Move in without saving for months: You no longer need a large sum of money ready before moving. Your first month’s payment replaces the big upfront cheque.
- Keep your savings for other plans: Money you would have tied up in rent stays available for moving costs, furniture, or emergencies.
- Match rent to your salary: Payments are collected on a fixed date each month, so you can line them up with your payday and manage your monthly rent payment more easily.
- Never miss a due date: Your card is charged automatically, and you can follow every payment in the Property Finder app.
Who is eligible for Rent in 12?
To apply for Rent in 12, you need to meet all of these requirements:
- A monthly income of AED 8,500 or more
- A valid Emirates ID
- A UAE-issued credit or debit card
- An annual rent between AED 30,000 and AED 400,000
New arrivals and self-employed tenants can still apply, and their applications are reviewed case by case. It also helps to have the other documents you need to rent a property in Dubai ready before you start viewing homes.
How much does Rent in 12 cost?
You pay a service fee based on your annual rent. The fee depends on how many cheques the landlord would normally accept for the property:
| Landlord payment terms | Rent in 12 service fee |
| 1 cheque | 11.8% |
| 2 cheques | 8.00% |
| 3 cheques | 6.75% |
| 4 cheques | 5.75% |
| 6 cheques | 4.75% |
You can check the exact service fee through the monthly rent calculator in the app for any listing, making monthly rent calculation easier before you move forward.
Other charges to know about
Late payments: If a monthly payment fails, it is retried automatically up to two times. If it still does not go through, a fixed late fee of AED 1,000 applies.
Early cancellation: You can end your contract early, but you will need to pay any remaining monthly payments plus the remaining digital management fees.
Rent is only one part of moving. Ask your agent which upfront costs, such as the security deposit and agency fee, you still need to pay separately, and read up on the additional costs of renting in Dubai so there are no surprises.
How is Rent in 12 different from a personal loan?
Rent in 12 is not a loan. You are not borrowing money, and there is no interest. It works as a payment management agreement with a service fee, offering eligible tenants another way to manage monthly rent in Dubai. Using Rent in 12 does not affect your AECB credit score. If you are considering a credit card for paying rent, note that Rent in 12 uses a UAE-issued card for scheduled payments under this service rather than operating as a personal loan. This provides another option for tenants looking to pay rent using credit card or debit card instead of relying on large upfront cheques.
Here is how it compares with the usual ways of covering rent in Dubai.
| Rent in 12 | Upfront cheques | Personal loan | |
| Who pays the landlord upfront | Property Finder in partnership with Keyper | You | You, using borrowed money |
| How you pay | Paid using a credit or debit card | Usually 1 to 4 cheques, set by the landlord | Monthly loan instalments |
| Extra cost | Service fee, no interest | None | Interest and bank fees |
Key takeaways
- Rent in 12 lets Dubai tenants spread their annual rent over 12 monthly card payments, while Property Finder pays the landlord upfront.
- There is no interest. The service fee ranges from 4.75% to 11.8%, depending on the landlord’s cheque terms.
- You need a monthly income of at least AED 8,500, an Emirates ID, a UAE-issued card, and an annual rent of AED 300,000 to 400,00.
- Everything happens in the Property Finder app, from checking your budget to tracking each monthly rent in Dubai payment.
New to the city? Our guide to renting in Dubai covers the basics.
Frequently Asked Questions
Rent 12 is a payment agreement service with only a service fee. There is no interest, and it is not a loan. You can easily review the full contract terms on the Property Finder app and consult with your financial advisor.
No. Rent in 12 only works on residential listings in Dubai where the landlord has enrolled. You can find them by the Rent in 12 tag in the Property Finder app.
Yes. The full journey happens in the app, including the income check, signing your contract, and tracking your monthly payments.
Yes, but fees apply. You pay any remaining monthly payments plus the remaining digital management fees.
Yes. Applications from new arrivals and self-employed tenants are reviewed case by case, and the standard requirements, such as the minimum income and credit score, still apply.
