Dubizzle Group Backs Rent Guarantee Startup Takeem in UAE Deal

Dubizzle Group Backs Rent Guarantee Startup Takeem in UAE Deal

The deal follows Dubizzle Group's earlier investment in Tern, extending its rental strategy from tenants to landlords.

Dubai-based Dubizzle Group has taken a stake in Takeem, the UAE rent guarantee startup, and secured exclusive rights to distribute its flagship product across Bayut and dubizzle.

The deal gives landlords using either platform access to Takeem's Rental Guarantee, a first-for-the-GCC offering that covers tenant non-payment and throws in emergency maintenance cover for urgent repairs. Payments run on monthly direct debit, a structural shift from the post-dated cheque system that has long defined UAE leasing.

The company has onboarded more than 100,000 units and posted a 900% jump in client onboarding over the past two months, numbers it credits to a proprietary rental data engine feeding its underwriting models. Haider Ali Khan, CEO of Dubizzle Group UAE, framed the investment as a bet on the founding team as much as the product.

”What stood out to us was not only the strength of the product, but the clarity of the founding team's vision,” Khan said. "With Takeem, we are giving landlords and agents a credible way to take default risk off the table, while Tern gives tenants a much-needed payment solution."

The Takeem investment came through Dubizzle Group Ventures, the group's early-stage investment arm dedicated to backing founders building around its marketplaces. Paired with the Tern deal, it signals a broader push by Dubizzle Group to own both ends of the rental transaction with tenant payments on one side, landlord protection on the other, rather than stopping at listings and search.