Dubizzle Group has taken a strategic investment in Tern, a UAE rental rewards platform that allows tenants to pay rent by credit card and earn loyalty points redeemable against flights, electronics, and retail purchases. The deal is made through Dubizzle Group Ventures, the company’s early-stage venture capital arm.
Tern launched in May 2025 and was founded in 2024 by Said Al Sayyed and Mohamad Shaitou. The company says it has already reached over AED 150 million in annualised rent payment volume. Under the partnership, the platform will be integrated exclusively into Bayut and dubizzle, the two property portals that sit within Dubizzle Group.
The pitch to tenants is straightforward: pay rent by credit card, earn points, pay no additional fees for doing so. For landlords and agents, Tern offers fully digital rent collection and, the company argues, a more attractive payment experience that can support tenant retention.
“At Bayut and dubizzle, our focus has always been on solving real challenges across the property journey, which extends beyond just helping people find a home. Rent is one of the largest recurring expenses for most households, yet the payment experience has traditionally offered very little flexibility or added value. In Tern, we found the most compelling solution to address this industry challenge, led by an exceptional founding team with a clear vision. Our partnership offers renters a more convenient and rewarding way to manage their rental payments, while also creating new opportunities for landlords and agents across the UAE. It is another step towards building a more connected, user-focused property ecosystem,” Haider Ali Khan, CEO of Dubizzle Group UAE said in a statement.
“We are on the lookout for aspirational founders building scalable, and innovative business models that create unique value around our property, automotive and consumer marketplaces. Half the population of the UAE uses one of our platforms every month, and there are material synergies by partnering with businesses that can benefit from our highly engaged audience,” Surya Raviganesh, who leads Dubizzle Group’s investments added.
Dubizzle Group’s platforms collectively draw 58 million monthly visits and 20 million monthly users, according to the company.
