Dubai is overhauling its traditional rental system with the launch of the 'Flexi Rent' programme, allowing tenants to spread rent payments through monthly, quarterly and other flexible instalment plans instead of paying large sums upfront.
The initiative, introduced by the Dubai Land Department (DLD), marks a significant shift from the emirate's long-standing cheque-based rental model, under which tenants typically pay annual rent through one to four post-dated cheques.
