GUIDE
What is DLD Flexi Rent, and how does it work?
How it works
- Your landlord must be a participating company, and your unit must be included.
- You agree a payment plan with them: monthly, quarterly or semi-annual, by card or cheque.
- The agreed terms go in your tenancy contract.
DLD sets the framework; the property company decides which plans and incentives it offers.
Who's taking part
DLD signed agreements with 12 companies at launch, including Wasl Properties, Deyaar Property Management, Dubai World Real Estate, Modern Real Estate, Dubai Investment Real Estate, SBK Real Estate, Rocky Real Estate, SRG Properties, Harbor Real Estate, Driven Properties and Al Showaib Real Estate. More may join. Being on the list doesn't mean every unit they manage is eligible.
Possible benefits
Depending on the landlord: grace periods, revised payment schedules, promotions and, in some cases, a waived rent increase or waived late-cheque fees. None of these are guaranteed.
How to ask
Ask your landlord or property manager: "Is my unit included in Flexi Rent, which payment plans can you offer, and are there any fees?" Get the answer in writing.
Common questions
Is Flexi Rent open to existing tenants?
It's described as open to new and existing tenants in eligible units, but it depends on your landlord agreeing to revise your payments.
Does Flexi Rent cost extra?
There's no universal Flexi Rent fee. Any fee depends on the participating company's offer, so ask for the total in writing.