Rent or let with full escrow cover

Escrow protection for your money when renting apartments, villas, chalets and rest houses through online listings.

Protection for both sides

Why tenants and owners use Waffy for rental deals

Safe for tenants

The rent only reaches the owner once handover is confirmed, so the tenant never pays without protection.

Owners can trust it

The buyer gets enough time to inspect the product and check it matches the description before the deal closes.

Every term on record

Unit, duration and terms are logged and kept in the deal, so the agreement becomes an official record for both.

No prior trust needed

Waffy is well built for deals between people who have never met, on social media or property platforms.

Neutral in a dispute

If a dispute arises over handover or terms, the Waffy team reviews the agreement and settles it neutrally.

Keep your rights, deal safely

How Waffy secures property rental deals

One side creates the deal and logs the unit, duration and terms
The tenant pays the rent or security by approved methods
Funds sit in an approved escrow account until handover
The tenant confirms handover and that the unit matches
Waffy releases the rent once handover is confirmed

Cover for every kind of rental

From a single night to a yearly contract, Waffy protects the deal whatever the unit

Icon from Material Symbols by Google – https://github.com/google/material-design-icons/blob/master/LICENSE

Apartments

Rent furnished or unfurnished apartments direct from owners. The deposit and first rent are held, released only once handover is confirmed.
Icon from Material Symbols by Google – https://github.com/google/material-design-icons/blob/master/LICENSE

Villas

Deposit and security sit in neutral escrow, released to the owner or returned to the tenant on the agreed terms.
Icon from Majesticons by Gerrit Halfmann – https://github.com/halfmage/majesticons/blob/main/LICENSE

Chalets

Book chalets and rest houses privately. The booking amount is held and released only on arrival, once the unit matches what was agreed.
Icon from Streamline by Streamline – https://creativecommons.org/licenses/by/4.0/

Shops & offices

Pay the security and first rent through Waffy. The money reaches the owner only after you have the keys and check the unit.
Icon from Custom Brand Icons by Emanuele & rchiileea – https://github.com/elax46/custom-brand-icons/blob/main/LICENSE

Rooms and floors

Rent a room or floor direct from the owner, with the agreement documented and first rent and security protected.
Icon from Röntgen by Sergey Vartanov – https://creativecommons.org/licenses/by/4.0/

Open spaces & annexes

Let rooftops, annexes, farms and yards, turning a verbal deal into a documented one that holds the money until handover.

Licensed and regulated

A fintech licensed by the Saudi Ministry of Commerce

100% Saudi company

A Saudi company registered with the Ministry of Commerce under CR number 4030433771, delivering the service through Saudi banks and payment gateways approved by the Saudi Central Bank.

Dispute team

A specialist team that reviews transactions when a complaint is raised and settles disputes between the parties, protecting the rights of both seller and buyer.

Choose the safer route

Financial structure that removes the risk of direct renting

Dealing direct

  • Deposit sent to a personal account, unprotected
  • No record of the unit’s condition or agreed terms
  • Risk of either side backing out or breaching
  • Risk of paying, then finding a mismatch
  • No neutral party to settle a dispute

Escrow via Waffy

  • Deposit held in escrow until handover is confirmed
  • A digital record of every term and detail
  • A clear refund path if either side backs out
  • Released to the owner after tenant confirms
  • Fast, neutral settlement in a dispute

Rent with confidence, let safely

Turn any rental agreement into a protected deal

FAQ

Learn more on how Waffy works in rental deals

Can I use Waffy with a private property advertiser on social media?

Absolutely. Waffy is built for exactly this. Agree the details with the owner, create a deal on Waffy and send them the link. The money will not move to them until you confirm you have received the unit and that it matches what was agreed.

Do not confirm handover. The money stays in escrow. Escalate the dispute through Waffy and our team will review the documented agreement and settle it impartially.

Yes. The security amount can be included in the deal with clear refund terms, released to the owner or returned to the tenant based on what was agreed in advance.

The two parties set it when creating the deal, usually between 3 and 7 days depending on the unit and the rental period.

Waffy’s fee is 4% of the deal value, paid by whoever creates the request, or as agreed between the parties.

Explore other secured sectors with Waffy

Solutions designed for any online transaction

Electronics

Buy and sell electronics via trusted payment methods, with funds released after verification.

License Plates

Secure plate ownership transfer with payments released after procedures are completed.

Electronics

Buy and sell electronics via trusted payment methods, with funds released after verification.

Online Marketplaces

Use Waffy for your marketplace transactions to protect your funds and complete deals with confidence.

Tickets & bookings

Manage booking payments and ticket sales online, with deposits held until the service is confirmed or the booking is completed.

Valuables

Secure trading of valuables like watches and jewelry, with funds released after verifying specifications.