Capstone Real Estate has announced a strategic partnership with Keyper to introduce the Rent Now, Pay Monthly (RNPM) digital system to its tenants in Abu Dhabi, providing greater flexibility and convenience in managing rental payments.

Through this partnership, Capstone will integrate Keyper’s RNPM Digital solution into its property management operations, allowing eligible tenants greater flexibility in how they manage their rental commitments.

Flexible rent payment options are changing how annual market values are paid, shifting the market away from traditional bulk cheques toward monthly, quarterly, or semi-annual installments.

The partnership reflects both companies’ commitment to providing tenants with more flexible and accessible rental payment options while supporting landlords and property managers with innovative financial solutions, it stated.

As per the deal, Keyper will support Capstone in activating and implementing the RNPM digital system in Abu Dhabi. Through this collaboration, Capstone will become the first property management company in Abu Dhabi to implement the RNPM digital system, marking an important step toward modernizing rental payment solutions in the emirate.

Amer Al Ahbabi, Chairman of Vertix Holdings, expressed delight at partnership with Keyper to bring greater flexibility to its tenants. The introduction of the RNPM digital system represents an important step in enhancing the rental experience and responding to the evolving needs of tenants in Abu Dhabi, he noted.

“This will help automise the rent payment and collection in a more transparent way offering maximum benefits to tenants and landlords without any downtime. As the region moves towards a more digitised environment, we feel this is the way forward,” he added.

Capstone Real Estate CEO Muhammad Shoaib said: "Becoming the first property management company in the emirate to introduce Rent Now, Pay Monthly is a significant milestone for our business and for the market. It responds to what tenants have told us they need, and it strengthens our proposition to landlords by broadening the pool of qualified tenants able to commit to their properties."

The partnership is expected to contribute to the continued evolution of Abu Dhabi’s real estate sector by introducing innovative solutions that align with the changing expectations of tenants and property owners.

Keyper Co‑Founder & CEO Omar Abu Innab said: "We are excited to work with Capstone Real Estate to activate the RNPM digital solution in Abu Dhabi. This partnership demonstrates how technology and innovative payment solutions can help create a more flexible and seamless rental experience for tenants."

By combining Capstone Real Estate’s property management expertise with Keyper’s technology and rental payment solutions, the collaboration aims to create a more convenient and tenant-focused rental experience, it added.-TradeArabia News Service