Dubai: Tenants in Dubai could soon get a new way to manage one of their biggest yearly expenses. A proposed “Rent Now, Pay Later” service is expected to launch in September 2026, allowing eligible tenants to spread annual rent over up to 12 monthly instalments at zero interest.
Under the proposed model, a participating local bank would pay the landlord the full annual rent upfront. The tenant would then repay the bank in monthly instalments instead of arranging one or several large rental cheques.
The initiative is being developed in connection with the Dubai Land Department’s wider push for flexible rental payments, which already includes the officially launched Flexi Rent programme offering monthly, quarterly and semi-annual payment options.
