Rize Secures $50M to Revolutionise Saudi Rental Market with Flexible Payments

Abdelrahman Amr

Last updated 16-09-2026

4 min

Rize secured a USD 50 million Murabaha facility from Jadwa Investment.

The funding backs its monthly rent contracts, not the main corporate balance sheet.

Tenants pay in 12 instalments, while landlords still get full annual rent upfront.

This keeps shareholder capital for product development, hiring, partnerships and expansion.

Rize sees a “SAR 150 billion” market as flexible rent demand grows.

Saudi rental platform Rize has secured a USD 50 million asset-backed Murabaha facility from Jadwa Investment, equivalent to SAR 187.5 million, as it pushes further into flexible rent payments across the Kingdom. In simple words, it is fresh financing tied to the company’s rental contract book rather than its main corporate balance sheet, which can make a big difference when a startup is trying to grow without burning through shareholder money.

The facility is set to fund Rize’s portfolio of monthly rent payment contracts. That means the company can keep its equity capital focused on other jobs: building products, improving technology, hiring talent, forming partnerships and expanding in Saudi Arabia. For startups in MENA, this kind of separation is often spot on. I’ve seen founders talk for years about the headache of using equity for everything under the sun, so ringfencing portfolio finance from growth capital can save a lot of faff later on.

Founded in 2021 by Ibrahim Balilah and Mohammed Alfraihi, Rize operates in residential rentals with a model built around a common pain point in Saudi Arabia. Eligible tenants can pay their annual rent in 12 monthly instalments, while landlords still receive the full annual amount upfront. The transactions are documented through Saudi Arabia’s Ejar platform, and the company also provides tools to real estate brokers to help complete rental deals more efficiently.

One statement from the company underlined why this financing matters. As noted in the announcement, “What makes it particularly significant is that it directly finances our rental portfolio, allowing the capital invested by our shareholders to remain focused on product development, talent, and expansion.” That is really the heart of it. Rather than leaning only on investor capital to support contract growth, Rize now has a dedicated facility for that side of the business.

The timing is notable too. Rize estimates Saudi Arabia’s residential rental market at around SAR 150 billion a year, and demand for more flexible payment structures is still growing. For plenty of renters, paying a full year upfront is not exactly a walk in the park. On the flip side, landlords usually want certainty and immediate payment. Rize’s model tries to sit in the middle of those two needs, which, I reckon, is why investors keep watching this segment closely.

And believe it or not, these details matter beyond one financing round. At Arageek, we often look at how regional startups solve very local frictions, and housing is one of those areas where even a small shift in payment structure can unlock wider adoption. I remember speaking with founders at ecosystem events who said the real breakthrough is not always the flashy app, well… I mean, sometimes it is simply fixing cash flow in a way users actually need.

Rize is backed by a broad group of investors including SEEDRA Ventures, Raed Ventures, HALA Ventures, JOA Capital, Aqar Platform, Banat Ventures, NAMA Ventures, Wathiq Financial and Razam Investment. With the new facility in place, the company is entering what it describes as a new growth phase, with plans to expand its reach and develop products supporting more of the residential rental lifecycle across Saudi Arabia.

The bigger question now is how quickly Rize can turn this financed rental portfolio into wider product and geographic expansion. That will be the definatly key signal to watch. If it manages that well, this deal could become more than just another funding announcement — it could show how specialised financing helps proptech companies scale in a market where demand is already there, just waiting for a smoother way in.

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