Takeem, the UAE-based proptech platform redefining rental risk management, has secured strategic investment from REACH Middle East, the regional accelerator backed by Second Century Ventures — the investment arm of the National Association of Realtors (NAR).
The investment comes through REACH Middle East, part of Second Century Ventures’ globally recognized REACH scale-up programme, which supports high-growth technology companies building next-generation infrastructure across the real estate ecosystem.
Rapid Portfolio Growth Signals Market Confidence
In less than a year, Takeem has onboarded more than 55,000 residential units, representing over AED 5 billion in annual rental value. The traction reflects strong institutional adoption of its model.
Having established momentum in the institutional segment, the company is now expanding into the B2C market, aiming to support smaller landlords and tenants with structured, data-driven rental solutions.
Tackling Structural Inefficiencies in Rental Markets
Takeem addresses long-standing challenges in regional rental markets, including:
- Limited risk transparency
- Manual and fragmented processes
- Liquidity constraints
- Misaligned incentives between landlords and tenants
At the core of its offering is a proprietary risk intelligence engine combined with a rental guarantee model. The platform aims to reduce landlord exposure, enhance yield predictability, improve tenant affordability, and enable more disciplined capital deployment across residential portfolios.
Industry Recognition
Takeem’s growth has also been acknowledged across multiple industry platforms. In April 2024, the company received the “Most Advanced App” award at the Create Apps Award under the patronage of HH Sheikh Hamdan and supported by the Dubai Chamber of Digital Economy.
In 2025, Takeem was:
- Named Startup of the Year at the Tech Innovation Awards
- Runner-Up PropTech of the Year at the Property Finder Awards
- Awarded PropTech of the Year at the World Reality Congress
Leadership Commentary
Rakesh Mavath, Co-founder and CEO of Takeem, emphasized the broader vision:
“Renting is the largest annual financial commitment for most people, yet the infrastructure behind it remains built on trust, paperwork, and hope. We built Takeem to make rent predictable, measurable, and scalable. With NAR REACH MENA and Second Century Ventures backing us, we’re accelerating the rollout of a new rental standard — from a regional solution to a global benchmark.”
Dave Garland, Managing Partner at Second Century Ventures, highlighted the global relevance of the model, noting that Takeem’s approach to rental guarantees and risk intelligence addresses a universal market gap with a scalable, capital-efficient framework.
Siddiq Farid, Managing Director at REACH Middle East, added that what differentiated Takeem was its localized understanding of GCC rental risk dynamics — building purpose-driven solutions for the region with global expansion potential.
With measurable growth, large-scale portfolio onboarding, and support from one of the world’s most active real estate technology investors, Takeem now joins an elite global portfolio shaping the next era of real estate infrastructure — starting in the GCC and aiming far beyond.
