No more rental cheques? Tenants in Dubai now have the option to pay for rent via direct debit

  • Date: 15-Feb-2023
  • Source: Gulf News
  • Sector:Real Estate
  • Country:UAE
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No more rental cheques? Tenants in Dubai now have the option to pay for rent via direct debit

Dubai: Tenants in Dubai can now pay their rent via direct debit, according to a circular issued by the Dubai Land Department (DLD) on January 27. According to DLD, this will be applicable to tenants in Dubai, as the registered tenancy contract - - has now been integrated with the Noqodi Direct Debit system. is the digital payment channel for Dubai government services and the Direct Debit System by UAE's Central Bank (UAEDDS) provides UAE residents with an automated payment method to facilitate recurrent payments from their bank accounts. According to real estate experts who spoke with Gulf News, the new process will be a more convenient option for tenants and is expected to reduce the presence of physical cheques. The Direct Debit System for rents was first announced by DLD in , but it was only available to tenants who had accounts with certain banks or were living in properties, where the developer or property management company had . Thomas Poulson, the leasing director at haus & haus Real Estate, said that with the Ejari system now being linked with UAEDDS, it might be implemented at a wider scale, as it would be a more convenient option for tenants,