Rent Now, Pay Later: Everything You Need to Know

Rent Now, Pay Later: Everything You Need to Know

Thinking about renting but the annual or biannual payment is holding you back? With all your other financial commitments, it’s become even more challenging? The solution is now easier with the “Rent Now, Pay Later” service by Rize and Ejari. Move in today, and pay later—comfortably and flexibly.

What Is the “Rent Now, Pay Later” Service?

This service is offered by Aqar’s trusted partners: Rize and Ejari. It allows tenants to pay their annual rent through monthly installments, while ensuring that property owners receive the full annual rent upfront in a single payment.
The main goal of this service is to reduce financial pressure on tenants and help them manage their money more flexibly and effectively.

📸 Rent Now, Pay Later – Aqar App

Service Benefits

For Property Owners

• Receive full rent payment in advance without delay
• Improve occupancy rates and retain tenants
• No need for rent collection or follow-up tasks
• Offer flexible payment options for tenants
• Increased demand for your property

For Tenants

• Reduce the financial burden of moving into a new property
• Pay rent monthly with ease and security
• Work only with trusted real estate partners
• Continuous support through every step of the lease agreement

📸 Powered by Rize and Ejari – Move in today, and pay later with ease – Aqar App

Requirements for the “Rent Now, Pay Later” Service

For Property Owners

1. Official approval from the property owner to sublease
2. The property must be located in Saudi Arabia
3. The property must be residential

For Tenants

The key requirement is the tenant’s ability to pay rent monthly, which is verified in one of the following ways:

• Uploading a wage certificate from the General Organization for Social Insurance (GOSI)
• Uploading a credit report from SIMAH or other certified platforms

How to Apply for the “Rent Now, Pay Later” Service via Rize

Follow these steps to benefit from the service:

1. Visit the Rize Website
   Go to https://rize.sa/ to explore available units and apply for the service.
2. Submit Your Application
   Once you choose your unit, apply through the website or app. Your data will be reviewed, and a rental budget will be set based on your financial profile. If approved, the property owner will be contacted for confirmation. Once approved, your application will be officially processed.
3. Reservation and Contract
   Reserve your selected unit and pay a booking deposit. The formal lease documentation will begin via the Ejar system.
4. Contract Completion and Move-in
   Once the contract is finalized, you will receive your keys and can manage your rent installments easily through the Rize app.

How to Apply via Ejari

To benefit from the “Rent Now, Pay Later” service through Ejari, follow these steps:

1. Visit the Ejari Website
   Go to the official site: https://www.ejari.sa/ar/
2. Click “Apply Now”
   Select the “Apply Now” service from the homepage (website or app).
3. Enter Personal Information
   Enter your ID number and mobile number to instantly receive a tailored financing offer.
4. Approval and Next Steps
   If you accept the offer, the Ejari team will guide you through the next steps, from signing the lease to coordination with the property owner.

Conclusion

The “Rent Now, Pay Later” service by Rize and Ejari represents a major shift in the Saudi rental market. It gives you the freedom to move in instantly with flexible payment plans, all within a reliable and regulated digital system.

To explore more real estate solutions, visit the Aqar Blog and stay updated through our official X account.