Arabian Business Achievement Awards honoured its ‘Future Stars’ at the annual ceremony awards at the Waldorf Astoria Palm Jumeirah hotel on Monday – recognising a group young people who could be main trophy recipients in the years to come. Siddiq Farid, CEO of SmartCrowd was named 1 of 11 “Future Stars” for reinventing the way real estate investments are made by launching the region’s first regulated crowdfunding real estate investment platform. We would like to thank Arabian Business for the recognition. We’re proud of being the only regulated real estate crowdfunding platform in the region and providing everyone a fair opportunity to invest in real estate.
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The increase in mortgage transactions is a very positive sign. It demonstrates more end users are buying, which will help stabilize the market as long-term buyers or investors are displaying confidence to invest in real estate.