Our platform protects your RENTAL SECUIRTY DEPOSITS. Which is the 5% normally paid at the beginning of a tenancy.
It works for both Landlords & Tenants, and even works mid-way through a tenancy (I.e. existing tenants).
We are an INDEPENDENT third-party company, focusing on tech. Meaning we’re not a bank, a branch of a property management company, or an arm of a large Landlord
Our focus is on you, and that’s why our built a custom flow to help you inspect your properties.
How it works?
Tenants check into their properties, and then landlords check out. Rental Shield then compares the difference between the reports, and puts a reasonable rate for what should be deducted from the deposit amount.
In addition to that we also use open banking.
Open banking allows you, as tenants, to send your deposits straight to your landlord through our platform, which gives us a record. Those records would show that Tenant X has sent this amount of money to Landlord Y.
Open banking plus the final reports issued at the end of a tenancy make it a much simpler process to check out and get your money back.
There are also tremendous benefits for landlords to use our service, check out our website to find out more.
Our company is licensed in the Financial Free Zone in the capital of the United Arab Emirates.