Rently Secures $12 Million to Expand Rent Payments
The platform offers tenants flexible monthly installments to manage housing costs that reach 40% of their monthly income.
Updated on Oct. 27, 2026 in Apartments
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Rently has secured a $12 million growth credit facility from January Capital to scale its rental payment platform. The service, which allows tenants to pay rent in flexible installments, currently supports over 2,400 households across its active markets.
Why it matters
With rent consuming up to 40% of household income in its operational areas, Rently aims to provide tenants with more budget flexibility. The new funding will support transaction financing and help the company expand its footprint into additional regional markets.
Rently has processed over AED 100 million in rental contracts in the UAE, where its transaction volume rose more than fivefold year-on-year. The company currently serves 2,400 tenants as it prepares for a target Series A equity raise of $10 million to $15 million in 2027.
The players
Rently
A rental payments platform that allows tenants to pay rent in flexible monthly installments.
January Capital
An investment firm that provides capital to growth-stage companies.
Dubai Land Department
The government agency responsible for property regulation and the launch of the Flexi Rent program.
The details
The platform functions by allowing tenants to shift from traditional lump-sum rent payments to a monthly installment schedule. Rently manages the underlying cash flow by paying landlords on their standard schedule while collecting flexible payments from tenants. This model aims to reduce the immediate strain on household cash flow, a common challenge in markets where housing costs can reach 40% of monthly take-home pay.
Timeline
In 2025, Dubai registered nearly 1.2 million tenancy contracts.
The Dubai Land Department introduced the Flexi Rent initiative in June 2026.
Rently finalized its $12 million credit facility in October 2026.
The company plans to enter new markets in 2027.
Money Landscape
The expansion of installment-based rental services follows the June 2026 launch of the Dubai Land Department's Flexi Rent program. This move aligns with a broader trend toward digitizing and fragmenting large, lump-sum housing costs to improve liquidity for tenants.
Tenants using platforms like Rently may find it easier to manage monthly cash flow by breaking up major rent obligations. If you are considering such payment services, review your lease agreement and consult a financial professional to ensure that installment fees do not offset the budget flexibility.
The takeaway
Flexible rent payment models are gaining traction as a tool for managing high household housing costs. If you are struggling with lump-sum rent payments, inquire with your landlord about available payment options or local government programs, such as those initiated by the Dubai Land Department.
Further reading
For more on the changing landscape of home leasing, visit our Apartments section.
Source note: This article includes information reported by Wamda.com 4 Sale.
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