SmartCrowd launches new premium service for high net worth investors

Dubai, UAE : SmartCrowd, MENA’s first and largest real estate crowdfunding platform, has announced the launch of its new premium offering for high net worth investors. The DFSA-regulated investment platform, which continues to empower investment in property from as little as 500 dirhams, has now created the bespoke service line to assist high net worth investors to easily create a diversified property portfolio across the region.

SmartCrowd’s new service aligns with the growth of high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals across the GCC. According to Boston Consulting Group there are 144,959 people with a net worth of between $1 million to $100 million and 115 people with $100million or more in the GCC. Knight Frank estimates that 31% of these super rich individuals are likely to purchase a property this year.

Siddiq Farid, co-founder and CEO of SmartCrowd said, “Since being regulated two years ago, we have empowered our community to invest in wealth generating properties, no matter what income. We have focused on delivering that promise and now have more than 20,000 users across our platform. 

As the UAE is one of the world’s great wealth hubs, the evolution of our new Premium service is designed to cater to the growing number of customers with bespoke requirements who value digital real-time access to their property portfolio.”

Highlights of the new Premium package include tailored options for portfolio enhancement, a dedicated relationship manager, access to exclusive property opportunities, personalized digital dashboard providing full visibility and control, administrative paperwork and due diligence management, and lower average fees. The service will also enable individuals to invest in properties with their family and friends. For investors, they will receive the benefit of active returns without the hassle of active management.

All properties listed on SmartCrowd go through a rigorous screening process. Historically, properties on the SmartCrowd platform have returned 40 to 50 per cent higher than the market average. It delivers a hassle-free approach to property investing by providing all the due diligence, independent market reports and property valuation while offering full transparency and control on your investments. This has led to a very high re-investment rate of 65 per cent. To date, the platform has already distributed more than AED 1.5M in rental income to investors.

To find out more about SmartCrowd Premium, visit www.smartcrowd.ae/premium  

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*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 
SmartCrowd Premium is designed for experienced investors, looking to invest 200,000 dirhams or more 
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 

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© Press Release 2021