ZAWYA: ADRES signs MoU with Keyper to digitize rental payments across Abu Dhabi

Advanced Real Estate Services (ADRES) has signed a memorandum of understanding (MoU) with Dubai‑based PropTech Keyper to digitize rent payments across Abu Dhabi and other emirates, seeking alternatives to traditional cheque‑based rental transactions. The agreement will enable Keyper’s Rent Now, Pay Monthly (RNPM) product, activate an “Upfront Rent” solution for landlords, and support development of an integrated digital property management platform for enterprise landlords, individual owners and tenants.

Key quote

Moath Maqbol, General Manager of ADRES, said: “This MoU reflects our commitment to supporting the digital transformation of the real estate sector through practical solutions that improve efficiency and enhance the experience of tenants, landlords, and real estate stakeholders. By working with Keyper, we aim to explore digital rent payment and property management solutions that support a more flexible and connected real estate ecosystem across Abu Dhabi and other emirates.”

Details of the partnership

Under the MoU, ADRES and Keyper will establish a delivery‑driven framework to assess technologies, develop and execute implementation plans, and launch measurable innovation initiatives related to the rental experience and rental payment collections. The agreement targets a regulated digital alternative to lump‑sum annual or quarterly cheque payments, a practice still common in parts of the UAE rental market.

• RNPM (Rent Now, Pay Monthly): Enables tenants to pay rent in monthly digital instalments instead of upfront cheques, while earning bank points and rewards.
• Upfront Rent product: Allows property owners and enterprise landlords to access annualised rent receivables in advance, improving liquidity for asset holders.
• Integrated platform development: Joint work to build a digital property management platform covering rent collection, tenant management and owner tools across multiple emirates.
• Implementation approach: A delivery‑focused framework to pilot technologies, measure outcomes and roll out solutions at scale.

Omar Abu Innab, CEO and Co‑founder of Keyper, commented: “We are delighted to sign this MoU with ADRES to support the development of digital rent payment solutions in Abu Dhabi and other ADRES areas. Through our Rent Now, Pay Monthly offering, we aim to make rent payments more flexible for tenants while supporting landlords and property owners with more efficient rent collection and property management tools.”

Context and company data

ADRES describes itself as a UAE‑based PropTech and AI venture builder that drives digital transformation in real estate and serves as a technical and strategic partner to entities such as the Abu Dhabi Real Estate Centre, Abu Dhabi Global Market (ADGM) and the Sharjah Digital Department.

Keyper, headquartered in Dubai, bills itself as a full‑stack digital rent management provider. The company has established partnerships including with the Dubai Land Department, reported having raised over US$17 million in equity, secured US$30 million in financing, and serves more than 19,000 residential units in the UAE.

Outlook

The MoU positions ADRES and Keyper to pilot and scale regulated digital payment alternatives aimed at reducing reliance on cheques and improving cash flow for landlords while offering tenants payment flexibility. The next phase will focus on technology assessment, implementation planning and measurable pilots across Abu Dhabi and other emirates, with the potential to influence broader adoption of RNPM and upfront receivable products across the UAE rental market.