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Ajar: Opening doors for seamless property management
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Ajar: Opening doors for seamless property management

Ajar is the leading property management and rent payment platform in the Middle East that redefines the landlord and tenant experience. Ajar allows landlords, real estate owners, and property managers to collect rent online securely, efficiently manage properties, and report performance seamlessly. The platform also allows tenants to pay their rent and home-related payments online in less than 60 seconds.

Founders

Ali Taqi, Shaheen Alkhudhari, Talal Alyaseen

Founded Date

Jan 1, 2016

Headquarters Regions

Gulf Cooperation Council (GCC)

Company Type

For-Profit

Total Funding Amount

$7.5 M

Major Clients

Ajar Online occupies around 8% of Kuwait’s market, serving some of the biggest real-estate companies in the country such as Wafra Real Estate. They also operate in the UAE, with FAM Living being one of their biggest clients, as well as in Saudi Arabia.

Target Market

Ajar’s property management platform is completely scalable, so their target market includes everyone, from an individual landlord who’s renting a single apartment to large real estate companies with thousands of units. Ajar also serves both commercial and residential properties.

What does the property management platform offer?

With the help of Ajar, landlords can:

  • It sends automated reminders to tenants for rent and invoice
  • Track collections in real-time and from wherever they are, without having to spend days onreconciliation
  • Track maintenance requests and feedback in real-time, and directly communicate with

tenants to solve them

  • Oversee multi-lease activation and expiry
  • Draw automated reports to understand the performance of each property

As for tenants:

  • Complete flexibility to pay rent securely on their own terms
  • Facilitates rewarding online payments to tenants, allowing tenants to cash in on discounts and rewards every time they make an online payment of rent
  • Option to pay through credit card, debit card, or make deposits at 36+ Pay@Partner collection points.

How Ajar solves the nuance of paying and collecting rent

Property managers and landlords in the Middle East predominantly depend on assistants or building security guards to collect rent, causing multiple issues for both tenants and landlords. Tenants experience inconvenience while withdrawing large sums of cash and chasing down collectors to pay their rent. Landlords risk losses, theft, and costly manual work. With Ajar, landlords save time and collect rent every month with ease, while tenants are given the flexibility to choose when, how, and from they would like to pay their rent. So, a tenant can pay his/her rent on time even when travelling, and a landlord on vacation can still track in real-time whether his/her tenants have paid their rent.

Ajar aspires tolead the digitization of real estate in MENA and become the number one resource for real estate decision-making, as well as property management.APAC Business Headlines, a global platform that brings business communities together to promote collaboration and innovation, has named Ajar as the UAE’s Most Trusted FinTech in 2020. Through AjarRewards, they are also pushing to make rent rewards as important to the tenant experience as credit card rewards are to any banking customer.

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