Dubai’s Ajar closes multi-million round for its property management and rent collection platform

  • Date: 09-Jun-2020
  • Source: MENAbytes
  • Sector:Real Estate
  • Country:UAE
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Dubai’s Ajar closes multi-million round for its property management and rent collection platform

The startup did not disclose the size of the investment but said that it has now raised $7.5 million to date.. Founded in 2016 by Shaheen Al Khudhari, Ajar had originally started as Ajar Online to help landlords collect rent from their tenants but has since expanded to add different products and now offers a suite of solutions to help real estate companies, landlords and property managers and manage their properties.. Rent collection for those who depended on cash and cheque payments completely stopped, affecting the majority in the market.. The startup that has been eyeing expansion into Saudi, Egypt & Bahrain is accelerating its entry into these markets as it has been witnessing an increase in demand due to Covid-19, "Our strategy is to enable anyone - from a landlord with one unit, to a real estate company with 10,000 units - to create an account online and immediately start automating their real estate management, wherever they may be,' explained Shaheen.. Dubai's Ajar closes multi-million round for its property management and rent collection platform - June 9, 2020.