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Buy a stake in Dubai real estate for AED 500: news from Khaleej Times.

Buy a stake in Dubai real estate for AED 500: news from Khaleej Times.

Buy a stake in Dubai real estate for AED 500: news from Khaleej Times.

Dubai - The lowest price to invest in Dubai real estate is the same as the price of brunch or a round of golf! A share of real estate in Dubai that generates monthly income and can increase in value over time. - Photo File Published: WT September 7, 2021, 6:27 am

The Dubai real estate sector remains attractive to investors even as the global economy goes through an economic crisis. Most people who want to own a home in Dubai are unable to realize their dream because of high real estate prices in the emirate.

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SmartCrowd, a DFSA-regulated investment and technology platform, has announced the lowest cost to enter the Dubai real estate market. The platform allows people with any income level starting from AED 500 to own a stake in Dubai real estate. The proportion of real estate in Dubai that generates monthly income and can increase in value over time, according to a SmartCrowd statement on Monday.

"We want to make real estate investment affordable and accessible to everyone. For the same price as a brunch or a round of golf, ordinary investors can now become part of the picturesque city of Dubai. This is a chance for ordinary hardworking people to build up capital and savings for the future.

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They are no longer limited to only investing in stocks and bonds," SmartCrowd CEO and co-founder Siddique Farid said in a statement to Khaleej Times on Monday.

The platform has already helped thousands of users invest in more than 40 properties across Dubai in areas such as Downtown, Marina, JLT, JVC and others.

"To date, SmartCrowd has distributed over AED 1.3 million as rental income to its investors. Various investment opportunities are now available, including prestigious neighborhoods such as Dubai Marina, JBR and City Walk," the statement said.

And with Expo 2020 on the doorstep, Farid said the offer is open to visitors as well. "Tourists can take with them not only memories but also a stake in Dubai real estate," he said.

The SmartCrowd platform and its services are loved by its users: 65% of them are repeat investors with an average of more than three investments. Items on the platform are funded in as little as two hours. The business is expanding rapidly and has offices at ADGM in Abu Dhabi and DIFC FinTech Hive in Dubai. With a dedicated team of real estate analysts and a suite of technology tools, SmartCrowd identifies, qualifies and curates all information to help users make informed investment decisions. For investors, it's a one-stop process through a digital investment platform. [email protected]

Fast comparison:

The things you could buy in Dubai for 500 dirhams

  • Brunch with alcohol at Mimi Kakushi
  • Pair of Ray-Ban sunglasses
  • Kenzo Tiger Classic T-shirt
  • Apple Airpods
  • Headphones
  • Pair of Nike Air Max 90 sneakers
  • After-dinner tea and massage at the Raffles Hotel
  • A round of golf at Els Club

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