Dubai: What are you going to do with Dh500? Wouldn’t it be great if you could invest the same in Dubai?
SmartCrowd, the DFSA-regulated platform for property investors and technology providers, has announced this the lowest entry point in the Dubai property market. People from all income levels can own their share of Dubai real estate as low as Dh500 through the platform.
“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,” said Siddiq Farid, CEO, and co-founder of SmartCrowd. “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.
“With Expo 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.”
When the offer came out, Dubai property deals were reaching their stride, and daily deals had surpassed 1 billion dirhams. Despite million-dirham homes getting picked up, the deals involving a few hundred also have a chance of getting picked up.