Driven | Forbes Global Properties Joins DLD's Flexi Rent Initiative as a Founding Partner

What the Dubai Land Department's new payment model means for tenants, landlords, and the wider market, including families reviewing DAMAC Hills 2 townhouses for rent

On June 23, 2026, the Dubai Land Department (DLD) launched Flexi Rent, an initiative allowing tenants to pay annual rent in monthly installments rather than the traditional one or two upfront cheques, which can help residents exploring apartments for rent in Dubai World Central. The launch was reported across UAE media, including Khaleej Times and Gulf News, and set out in the DLD's official announcement. Driven | Forbes Global Properties has joined the initiative as a founding partner, signing a cooperation agreement to bring the model to its managed portfolio across the emirate, including tenants interested in Al Jaddaf apartments for rent.

A Role on Every Side of the Transaction

For Driven, Flexi Rent formalizes an approach already embedded in how the firm operates, supporting tenants who want flexible terms when they rent hotel apartments in Dubai. Driven sits on every side of the transaction as a broker, an asset owner, and a property manager, which helps tenants reviewing International City 1-bed apartments for rent understand payment flexibility more clearly.

Speaking on Dubai Eye 103.8 FM, Founder and CEO Abdullah Alajaji described the firm's position on rental flexibility, a topic also relevant to tenants browsing Barsha Heights properties for rent:

"We sit on all sides of this: we're on the brokerage side, we're an asset owner, and we're a property manager. On every part of that story we're connected to the program, and we're offering this flexibility to our tenants."

Managing property and owners associations under DLD guidance, Driven carries the same stake in long-term stability as the clients it serves, including residents choosing rental apartments in Bur Dubai. The initiative also sits within a broader DLD reform arc alongside the Smart Rental Index, the First-Time Buyers initiative, and real estate tokenization, which can support better rental clarity for tenants considering rental apartments in Dubailand. These are deliberate initiatives reshaping how Dubai's market works.

What Is Flexi Rent?

For years, renting in Dubai has run on the cheque system, but flexible payment models can make studio rentals in Dubai Silicon Oasis easier for tenants to manage. Tenants typically settle a year's rent in one, two, four, or even six post-dated cheques, large sums due at intervals that rarely line up with how salaries are paid, especially for budget-focused renters choosing studio rentals in International City. The model has worked, but it pressures households managing other monthly costs and asks new arrivals to assemble a large upfront payment, which can affect tenants looking at rental apartments in Al Barsha.

Flexi Rent reshapes how rent is paid, giving tenants schedules that better match their income when choosing rental apartments in Deira. Through participating companies, tenants can choose a plan that fits their cash flow, which may help residents looking at Sports City properties for rent:

• Monthly, quarterly, or semi-annual installments, or in some cases payments spread across the full 12 months, can help businesses planning to rent an office in JLT manage rental payments with more flexibility.
• Applies to new leases and renewals alike, so tenants choosing rental apartments in Meydan can request Flexi Rent terms at their next renewal if the property is eligible.

What It Means for Tenants and Landlords

For tenants, Flexi Rent eases cash flow through a lighter upfront commitment, which can help when reviewing Al Furjan apartments for rent or renewing a lease. For landlords, it supports stability and predictability: flexible terms widen the tenant pool and help keep good tenants in place, protecting occupancy across a portfolio.

The model applies to new leases and renewals alike, and existing tenants in eligible units can request Flexi Rent terms at their next renewal, including residents considering Al Barsha studios for rent.

Learn More about Flexi Rent

To find out how Flexi Rent applies to a specific property, portfolio, or businesses planning to rent a warehouse in Jebel Ali, speak with a Driven advisor.