The main aim of this article is to derive certain continuity and boundedness properties of the coupled fractional Fourier transform on Schwartz-like spaces. We extend the domain of the coupled fractional Fourier transform to the space of tempered distributions and then study the mapping properties of pseudo-differential operators associated with the coupled fractional Fourier transform on a Schwartz-like space. We conclude the article by applying some of the results to obtain an analytical solution of a generalized heat equation.