COLIFE

What COLIFE does

COLIFE Vacation Homes L.L.C. is a Dubai-registered proptech operator (founded 2018, entered the UAE in 2021) that delivers fully-furnished, all-inclusive apartment rentals and full-service property management across Dubai, Hong Kong, and Istanbul. The company holds DTCM Holiday Homes License No. 1044231 and operates three branded lines: Colife Rent (tenant-facing short-, mid-, and long-term furnished lets from 5 days to 12+ months, priced 5,000–18,000+ AED/month with Wi-Fi, DEWA, AC, and maintenance bundled), Colife Management (landlord-facing tenant placement, design/furnishing, Ejari/DTCM documentation, maintenance, and 24/7 support for management fees of 5–10% long-term and 15–25% short-term), and Colife Invest (real-estate purchase advisory). It runs a multi-channel acquisition stack combining direct website/WhatsApp booking, tiered agent commissions (1.5–2.3%), affiliate/influencer promo codes, and tenant referral rewards (250 AED per referral).

Operationally, Colife manages 425+ apartments and houses 1,500+ residents, with cited occupancy of 95% in summer and 85% year-round and an average 12-day unit exposition period. The technology layer centers on a Digital Tenant Matching System that screens and routes the 2,000+ monthly tenant applications to suitable units, augmented by virtual property tours, 3D floor plans, WhatsApp-first customer engagement, and a Colife Property Management mobile app launched in January 2025 for tenant and landlord self-service. Distribution is deliberately platform-independent for landlord services (no Airbnb/Booking.com commissions) and is reinforced by community programming (events, Instagram Story rewards) and an SEO/content presence on Medium and YouTube (@colifeworldwide). Co-founder Artem Babinov leads the company, which has raised an undisclosed round from Lanit Ventures (February 2023) and was named a 2025 Real Estate Market Leader at the Arabian Best of Best Awards.

Name

COLIFE

Legal name

COLIFE VACATION HOMES L.L.C.

Website

https://colife.ae

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

251–500 employees

Short description

COLIFE (Dubai-headquartered proptech) provides fully-furnished, all-inclusive apartment rentals and full-service property management for expats, digital nomads, and families across Dubai, Hong Kong, and Istanbul, serving both tenants (Colife Rent) and property owners (Colife Management/Invest).

Ownership category

akta.pro rank

Product category

Furnished Apartment Rentals & Property Management

NAICS

Residential Property Managers (531311), Rental and Leasing Services (532)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Coliving (Monthly, Shared Amenities) (THAMAFAL)

akta.pro secondary industries

Multifamily (Apartment) Property Management (BPAJAGAD), Short-Term Rental (STR) Management for Individual Hosts (BPAJAIAB)

Keywords

• Furnished apartment rentals
• Property management services
• Short-term holiday homes
• Tenant placement
• Real estate management

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Tenant Rentals: Monthly rental income from fully-furnished apartments across Dubai, Hong Kong, and Istanbul. Rent includes Wi-Fi, DEWA, air conditioning, and maintenance support. Pricing ranges from 5,000-18,000+ AED monthly depending on location and apartment type.
2. Property Management Fees: Property owners pay management fees for full-service property management including tenant placement, maintenance, documentation (Ejari/DTCM), and payment management. Claims to increase landlord earnings by 25% above traditional long-term rentals.
3. Agent Commission: Commissions earned from real estate agents and partners who deliver apartments or tenants. Tiered structure: 1.5%-2.3% of contract value based on volume delivered monthly. Also offers 50-100% of company commission for agent referrals.
4. Affiliate Commission: Commissions paid to affiliates (bloggers, influencers, content creators) for confirmed rental contracts made using their personal promo codes. Tiered structure matching agent commissions.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

COLIFE provides fully-furnished apartment rentals in Dubai, Hong Kong, and Istanbul on flexible terms ranging from 5+ days to 12+ months, with utilities, Wi-Fi, and tenant support bundled into monthly rentals of 5,000–18,000+ AED. The company also offers full-service property management for landlords, including tenant placement, design and furnishing, maintenance, documentation (Ejari/DTCM), and 24/7 support, claiming 25% above-market returns. Additional lines include real estate investment assistance (Colife Invest), an agent/affiliate referral network, and a property management mobile app.

Product overview

COLIFE operates as a proptech company providing furnished apartment rentals and property management services in Dubai, Hong Kong, and Istanbul. The main product portfolio consists of Colife Rent (short-term, monthly, and long-term furnished apartment rentals with utilities included) and Colife Management (full-service property management for landlords including tenant placement, furnishing, and maintenance). Additional offerings include Agent and Affiliate Partnership programs for referral-based commissions, a Referral Program for tenant rewards, Ejari Registration for long-term residents, and a Blog providing market insights. The company holds license No. 1044231 from Dubai authorities for holiday homes operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Colife Rent Furnished apartment rental service for individuals and professionals in Dubai, Hong Kong, and Istanbul, with flexible terms from 5+ days to 12+ months. All-inclusive pricing covers utilities, Wi-Fi, and tenant support.
• Colife Management Full-service property management service for landlords covering tenant placement, rental strategy optimization, design and furnishing, Ejari/DTCM documentation, property promotion, maintenance, and 24/7 support. Targets property owners seeking passive income with claims of 25% above-market returns.
• Colife Property Management App Mobile app for tenants and property owners to manage leases, payments, support requests, and rental tracking within the Colife ecosystem.
• Colife Agent Partnership Program Referral program for real estate agents and brokers to refer tenants or apartment owners to Colife in exchange for tiered commissions of 1.5%-2.3% of contract value based on monthly delivery volume, with dedicated partner management and fast deal processing.
• Colife Affiliate Partnership Program Partnership program for bloggers, influencers, and content creators who promote Colife via personal promo codes and earn commissions on confirmed rental contracts.
• Colife Referral Program Rewards program for current and past Colife residents to refer friends; referrers earn a flat 250 AED and referred friends receive 100-600 AED in rent credit (apartments) or 50-300 AED (sharing/coliving) based on length of stay.
• Ejari Registration Long-Term Rental Service

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered core, secondary and supporting.

• Real Estate Agents & BrokerscoreChannel Partner/ Reseller/ DistributorNetwork of real estate agents and broker teams who refer tenants and property owners to Colife. Partners earn tiered commissions (1.5%-2.3% of contract value) based on monthly delivery volume. Includes dedicated partner manager and transparent payout structure.
• Community Managers & Relocation ConsultantssecondaryChannel Partner/ Reseller/ DistributorPartners who assist expats and professionals with relocation services and can refer clients seeking furnished housing to Colife.
• Bloggers & InfluencerscoreGTM or Marketing PartnerContent creators with engaged audiences interested in Dubai living. Partners receive personal promo codes, exclusive discounts for followers, and commissions on confirmed rental contracts made through their codes.
• Property Owners (International)coreStrategic or Co-development PartnerInternational property owners who list their Dubai apartments with Colife for professional management. Colife handles tenant placement, maintenance, payments, and reporting while owners earn passive income at 25% above market rates.
• Maintenance & Contractor NetworksupportingImplementation/ SI/ Consulting PartnerTrusted network of maintenance professionals and contractors who handle repairs, cleaning, and property upkeep for Colife-managed apartments, ensuring quick resolution of tenant issues.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• GuestReady: Short-term and vacation rental property manager serving individual hosts and investors across EMEA and Asia. Overlaps with Colife's Colife Management arm and Dubai holiday-homes license structure.
• Blueground: Global furnished apartment rental and property management operator serving expats and business travelers with flexible lease terms. Closely comparable to Colife's furnished rental + landlord services model, and an active competitor in Dubai.
• Anyplace: Furnished remote-work rental platform targeting digital nomads and professionals with flexible stays. Comparable product offering and tenant persona to Colife's expat and digital professional segment.
• Spotahome: Online mid-to-long-term furnished rental marketplace operating across multiple European and global cities. Direct overlap with Colife's furnished apartment offering and target tenant segment of relocating professionals and students.
• Kasa Living: Tech-enabled furnished apartment operator combining direct rentals with third-party property management. Closely aligned with Colife's dual rental + landlord-services model, though primarily U.S.-focused.

Broad incumbents

• Airbnb: Global short-term rental marketplace where Colife lists some units and competes indirectly. Airbnb's scale, brand, and Airbnb-friendly program create both a distribution channel and a competitive threat for Colife's short-term bookable nights.
• Booking.com: Major OTA that distributes short-term furnished apartments. Comparable short-term rental distribution channel and indirect competitor for holiday-homes demand in Dubai.

Others

• Idealista: Leading Iberian and southern European real estate classifieds platform with growing presence in Italy and other markets referenced in Colife's earned-media coverage. Indirect distribution peer for furnished rental listings.

Regional players

• HabiCasa: Operates branded coliving spaces primarily in Latin America. Comparable coliving concept and tenant persona (young professionals, expats) but geographically non-overlapping with Colife's Dubai-centric footprint.
• The Blue Building: Dubai-based co-living and serviced apartment operator targeting young professionals. Strong regional overlap with Colife's Dubai expat market and furnished offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@colifeworldwide
• Instagraminstagram.com/colife.ae

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COLIFE