Dubai: SmartCrowd, the DFSA-regulated property investment and technology platform, has announced the lowest ever entry point for investing in the Dubai property market. The 500 dirham minimum pricing allows people of all incomes to own their share of Dubai real estate. The platform has already assisted thousands of users to invest in over 40 properties across Dubai in areas like Downtown, Marina, JLT, JVC and more. To date, SmartCrowd has distributed over AED1.3 million in rental income to its investors. A range of investment opportunities are now available including prime areas like Dubai Marina, JBR and City Walk.
Speaking about the new investment option, Siddiq Farid, CEO and co-founder of SmartCrowd said, “We want to make property investment affordable and accessible to everyone. For the same price as a brunch or a round of golf, everyday investors can now own a part of the vibrant city of Dubai. This is a chance for regular hard-working people to build wealth and savings for the future. They are no longer restricted to only investing in stocks and bonds.
And, with Expo 2020 just around the corner, the offer is open to visitors too. Tourists could choose to take more than just memories home with them, with a share in Dubai property.”
Quick Comparison – Things You Could Buy in Dubai With 500 Dirhams
- Brunch with house beverages at Mimi Kakushi
- A pair of Ray-Ban sunglasses
- A Kenzo Tiger Classic T-shirt
- Apple Airpods
- Pair of Nike Air Max 90s
- Afternoon tea and a massage at Raffles
- A round of golf at the Els Club
*OR – a share in a Dubai property that will earn income every month and could increase in value over time. Those returns can then be used to buy the items listed above!
SmartCrowd’s platform and service is loved by their users with 65 per cent being repeat investors, who hold more than three investments on average. Properties on the platform are being funded as quickly as two hours.
The business has rapidly expanded, with offices in Abu Dhabi’s ADGM and Dubai’s DIFC FinTech Hive. With a dedicated, expert team of property analysts and a suite of tech tools, SmartCrowd identifies, qualifies, and curates all data to help users make informed investment decisions. For investors, it is a seamless process via the end-to-end digital investment platform.
For more information about transparent, affordable real estate investment, head to smartcrowd.ae
-Ends-
*Property prices fluctuate and may go up as well as down. SmartCrowd recommends holding property for five years to attain the best return on investment.
People can invest from anywhere in the world – whether UAE national, expat or international investor
The previous minimum investment amount with SmartCrowd was 2,000 dirhams
SmartCrowd is regulated by the DFSA
About SmartCrowd Limited
SmartCrowd is an easy-to-use tech platform that provides a smart, low-cost way for people to invest in real estate. The business was established in Dubai in 2017 and quickly attained recognition as the recipient of the Accenture Innovation Award. The business was granted a sandbox license from DFSA in 2018 and was one of the first to graduate to a fully licensed and regulated platform in November 2019. SmartCrowd levels the playing field for investors of all incomes to grow wealth through intelligent property investment. Its highly-secure, trusted and regulated platform enables a borderless marketplace for investors to access opportunities in real estate. With clear, credible fees and pricing, SmartCrowd is committed to providing transparent, affordable property investment for all. For more information: www.smartcrowd.ae
© Press Release 2021
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