Dubai's rental market, valued at over AED 50 billion, faces a critical gap in tenant default protection, leaving landlords exposed to substantial financial risks. With more than 500,000 rental units and a rapidly expanding expatriate population, the current reliance on basic security deposits is insufficient to safeguard property owners. This market demands an innovative, comprehensive solution to mitigate risks, enhance landlord confidence, and ensure sustainable growth in one of the region's most dynamic real estate sectors.
THE OPPORTUNITY
OUR SOLUTION
Kafeely offers a comprehensive rental income protection service, ensuring landlords receive up to 6 months of guaranteed income in the event of tenant defaults. Our technology-driven platform integrates advanced tenant screening, property management, and financial security into a seamless solution. By mitigating risks and providing peace of mind, Kafeely addresses the urgent need for innovation in Dubai's dynamic rental market.
Advanced Tenant Screening
Rigorous background checks to minimize default risks
Property Management
Streamlined operations for efficient property oversight
Financial Security
Up to 6 months guaranteed income protection
BUSINESS MODEL
Guarantee Fee
10% of the annual rent paid by the landlord
Property Management
AED 2,000–3,500 per unit for streamlined operations
Leasing Commission
One month's rent per new tenant for tenant acquisition services
Risk Management
Insurance partnerships underwrite 5–6% of defaults, ensuring financial stability
COMPETITIVE ADVANTAGE
Kafeely distinguishes itself by offering true default protection rather than merely payment flexibility, unlike competitors such as Keyper's "Rent Now Pay Later" financing scheme. Our solution ensures landlords are safeguarded for up to 6 months in the event of tenant defaults, providing stability and peace of mind. Additionally, Kafeely's transparent fee structure reduces ecosystem costs while delivering extended coverage periods, outperforming limited financing terms offered by others. This approach positions Kafeely as a more reliable and cost-effective choice for landlords in Dubai's rental market.
| Feature | Kafeely | Keyper (Rent Now Pay Later) | Other Competitors |
|---|---|---|---|
| Default Protection | Up to 6 months | Not available | Limited (1-3 months) |
| Payment Flexibility | Available | Primary feature | Available |
| Fee Structure | Transparent | Complex | Hidden fees |
| Technology Platform | Advanced | Basic | Moderate |
MARKET TRACTION PLAN
These projections underscore our commitment to scaling efficiently while delivering unparalleled value to landlords in the region.