Cutting back & doing more

In a city known for its luxurious parties and extravagant lifestyles, there has been a surprising trend as of late in Dubai. It seems that families and individuals across the city have been taking their finances more seriously, and looking to cut back on big expenses. While parents are looking to reduce school fees and commuters are ditching the expensive car hires for the cheap and cheerful metro, the one sector where this new push for savings is most apparent is the real estate market. As rent prices fall dramatically in some areas and rise in others, renters are jumping ship on their high-cost high rises and, in many cases, saving a bundle. While some may be putting this extra savings into existing debts, many Dubai residents are pocketing their cash away for a rainy day.

Savvy savers, however, know that one could turn blue in the face waiting for a rainy day in Dubai, and are looking to make their nest eggs work for them, not just collect dust in a low interest savings account. They know that smartly allocated savings today could snowball into a huge win in the future, perhaps funding a child’s university education or taking years off an expected date of retirement.

Making your savings work for you through investments is like finding free money. Imagine the small thrill you feel when finding a hidden 200 dirham bill in your trouser pocket while doing laundry – now imagine the excitement when finding a few thousand AEDs regularly

Real estate has long been a reliable investment tool, but a small savings from a lifestyle restructure may not be enough to go out and purchase a full investment property. Thankfully, crowdfunding allows savers to invest smaller amounts in real estate, skirting the hassle and huge upfront capital costs of purchasing a full property. Crowdfunding real estate platforms such as Smart Crowd allow buyers to invest a small amount and see returns on their investments almost immediately.

What is Real Estate Crowdfunding!?

With a group of individuals investing in one property, all of the costs and all of the risks are reduced. Once returns start rolling in, you can start saving for your next Smart Crowd investment, potentially turning your small savings into big money. If you are one of the many in Dubai looking to restructure your savings, don’t let your money just sit around doing nothing for you. Invest with Smart Crowd and start turning your savings into an investment portfolio that will pay off for years to come.


Dubai real estate up 33% in the first five months of 2019

New regulatory laws like permanent residency that favour foreign investment opportunities have opened up Dubai’s real estate market with a bang! The value of real estate transactions in Dubai rose 33 percent to AED 34 billion ($9.26 billion) in the first five months of 2019 according to statistics from the Dubai Land Department. This includes AED 17 billion in commercial properties, land purchasing transactions of AED 14 billion and AED 3 billion for villas. Full article here.

Learn how you can start investing in real estate through Smart Crowd’s innovative crowdfunding platform starting with low amounts of AED 20,000.

Smart Crowd featured on Property Finder’s latest episode with Lynnette Abad

Our CEO Siddiq Farid, sat down with Lynnette Abad, Director of Research and Data for the latest session on Property Finder talks. The discussion focused on how Smart Crowd is changing the landscape for real estate investments making it possible for everyone to build a diversified real estate portfolio.

With low minimum investment amounts starting from AED 20,000, Smart Crowd breaks down a real estate asset into shares enabling investors to get on the property ladder and diversify their portfolio. With a personalized dashboard, investors have full transparency of their investments and its performance. Investors can earn rental income through dividends and build a diversified portfolio.

Watch the full interview to find out how Smart Crowd could be part of your investment portfolio! Special thanks to Property Finder for the coverage.