Dar Properties
Zero Fraud, Zero Defaults: Dar Properties' New Standard
How Saudi Arabia's fastest-growing proptech eliminated fake income documents and reduced tenant defaults from 7% to 1.5% with automated bank verification.
Key Results
Tenant Screening Time
Fraud Cases per Month
Tenant Default Rate
Properties Under Management
About Dar Properties
Dar Properties is a proptech company revolutionizing the rental market in Saudi Arabia. Founded in 2020 in Riyadh, they offer a full-service property management platform connecting landlords with verified tenants through technology-driven screening, leasing, and management services.
Operating primarily in Riyadh, Jeddah, and the Eastern Province, Dar Properties had built a reputation for premium service. However, their rapid growth exposed a critical vulnerability: fake income documents were slipping through manual verification, leading to costly evictions and landlord churn.
With Saudi Vision 2030 driving massive demand for rental properties, Dar needed a scalable solution that could maintain their quality standards while handling exponential growth. They found their answer with Sahl.
Company Snapshot
A Fraud Epidemic in Tenant Screening
Manual verification couldn't keep up with sophisticated document fraud.
Fake Documents
12 fraudulent salary certificates discovered monthly, often after tenants had already moved in.
Costly Evictions
Average eviction cost of SAR 35,000 including legal fees, lost rent, and property damage.
Slow Screening
3-5 days to verify employment and income, causing qualified tenants to choose competitors.
Landlord Churn
15% annual landlord churn rate due to problematic tenants placed through flawed screening.
The Breaking Point
In Q3 2022, a single fraudster used the same forged salary certificate to rent three properties across Riyadh before being discovered. Total losses exceeded SAR 180,000, and the incident made local news, threatening Dar's reputation. The leadership team knew they needed a fundamental change.
Bank-Verified Tenant Screening
Replacing document-based verification with direct bank data.
Real-Time Income & Employment Verification
Instead of asking tenants for salary certificates (which can be forged), Dar now verifies income directly from bank transaction data through Sahl's Verification API.
How It Works:
Affordability & Risk Scoring
Beyond verification, Sahl Insights provides a complete financial profile to assess whether a tenant can actually afford the property, and predict their likelihood of default.
Key Metrics Analyzed:
The Financial Impact
Quantifying the value of fraud prevention and quality screening.
24-Month ROI Breakdown
Total Investment
Savings & Returns
Return on Investment
23.5x
"We used to fear every new tenant application. Now we have complete confidence. Zero fraud in 18 months isn't just a statistic—it's peace of mind for our landlords and our business."
Sara Al-Dosari
COO, Dar Properties
6 weeks
Implementation Time
3 months
Time to Positive ROI
18
Consecutive Fraud-Free Months
4.9/5
Landlord Satisfaction Score
Verify tenants against the ledger, not a payslip.
See how Sahl can protect your properties and landlords.