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What is Mindcat Lease?

Mindcat Lease is a cloud-based solution aimed at simplifying property management for landlords and property managers who oversee residential rentals in major cities such as Dubai and Riyadh. This comprehensive platform organizes essential lease information, encompassing rental rates, payment timelines, and the management of post-dated cheques, while also keeping users updated on upcoming bank deposits and renewal alerts. Users can take advantage of features that enable them to create rent invoices and VAT documents, monitor overdue accounts and collections, and generate monthly reports alongside owner statements. The application includes specialized portals for tenants and property owners, provides document storage functionalities, facilitates maintenance requests, and sends reminders through WhatsApp, all while offering CSV export options for efficient accounting practices. Mindcat Lease is customizable with vendor support, available in a shared hosting setup or a dedicated cloud environment specifically designed for the UAE and Saudi Arabia, in addition to an option for on-premise deployment. It also enhances user experience by providing interfaces in both English and Arabic, making it more accessible for a diverse range of users. Moreover, this platform aims to streamline communication between landlords, property managers, and tenants, fostering a more efficient property management experience.

What is LeaseLock?

Conventional deposits often struggle to predict ultimate financial outcomes, leading to potential rent losses and property damage. LeaseLock effectively tackles this challenge by replacing traditional deposits with lease insurance, enabling property owners to regain revenue before it becomes bad debt. By evaluating risk and customizing coverage for each property, LeaseLock converts unpredictable losses into a steady income stream while boosting the overall value of assets. Our cutting-edge AI-driven risk management system is crafted to enhance coverage specifically suited to each property's needs, maximizing financial protection and growth across the entire portfolio. This forward-thinking strategy not only ensures stable cash flow but also supports the enduring viability of property investments, fostering a more resilient investment landscape. As property owners embrace this innovative solution, they can expect improved financial health and a more secure future.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

AED 15 per unit per month
You pay per unit per month. A unit is a flat, villa, shop, office or warehouse that has a lease or is listed as vacant. The price per unit drops as your portfolio grows: each band’s price applies only to the units inside it. Buildings, owners, tenants, staff logins and tenant portal logins add nothing.

Band: AED | SAR | USD per month
1 to 100: 15 | 15 | 4.08
101 to 500: 8 | 8 | 2.18
501 to 2,000: 5 | 5 | 1.36
Above 2,000: 3 | 3 | 0.82
Worked example. A management company with 300 units pays 100 × 15 + 200 × 8 = AED 3,100 a month (SAR 3,100, USD 844.11). With 100 units it is AED 1,500. With 500 it is AED 4,700. With 1,000 it is AED 7,200. The shared plan has a minimum of AED/SAR 990 a month, which covers up to 66 units.

How you run it changes the multiplier.

Shared, hosted by us in the UAE or Saudi Arabia: The unit price above | AED/SAR 990 (USD 269.57)
Your own copy, hosted by us in the UAE, Jeddah or Riyadh: Unit price × 2 | AED/SAR 5,990 (USD 1,631.04)
In your own cloud or servers, run by us: The unit price above, and you pay your cloud bill directly | AED/SAR 4,590 (USD 1,249.83)
Two ways to start. Up to 100 units on the shared plan, we set you up on a fixed quick-start package, with no scoping call. Above 100 units, and at any size on your own copy or your own cloud, we set it up with you.

Quick start (we set it up): The shared plan, 1 to 100 units | AED/SAR 2,500 (USD 680.74), fixed | Your copy in the UAE or Saudi Arabia with your logo, your buildings, units, leases and cheque schedules imported from our CSV template, the cheque, renewal and owner reports and the Leasing home switched on, VAT set for residential and commercial rent, recorded training and guides in Arabic and English, and ticket support. No call and no on-site morning. A person on our team checks your CSV, and we agree the go-live date once it is complete. Tenant portal logins are created from the emails in your import. We send the payment link within 24 hours.
Managed: The shared plan above 100 units, and every size on your own copy or your own cloud | Up to 100 units: AED/SAR 4,900 (USD 1,334.24). 101 to 500: AED/SAR 9,900 (USD 2,695.71). 501 to 2,000: AED/SAR 16,900 (USD 4,601.77). Above 2,000: from AED/SAR 29,900 (USD 8,141.59), scoped in writing. | Setup to a written plan: your leases and cheque history imported and checked, owners with their fee rates and opening balances, the owner statement laid out the way your landlords expect, owner logins, invoice and renewal-notice emails, training, and one month run side by side with your old files.
Paid to others, never inside the unit price. Ejari, Tawtheeq and Ejar fees go to DLD, the Abu Dhabi registry or REGA, as now. Bank charges for a returned cheque are your bank’s. Extra work outside a plan is AED/SAR 900 an hour (USD 245.06), or 10 hours for AED/SAR 8,100. Annual prepay takes 15% off the part of the monthly bill above the minimum. Prices exclude 5% UAE VAT and 15% Saudi VAT.

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Mindcat Technology Consultants FZE

Date Founded

2022

Company Location

F-15, Warba Center, Deira, Dubai, United Arab Emirates

Company Website

mindcat.ai/apps/lease

Company Facts

Organization Name

LeaseLock

Company Website

leaselock.com

Categories and Features

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Lease Management
Owner Portal
Rent Tracking
Residential Properties
Tax Management
Tenant Portal

Categories and Features

Real Estate

Not specified

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