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.
One of our core values is trust; we were compelled to provide investors protection on their investment. We wanted people to feel comfortable investing large sums of money on a digital platform and sleep easy, knowing that one-way tickets to the Caymans were not part of our exit strategy.
Imagine you had invested in Dubai real estate after the Global Financial crisis in 2011 when prices had rapidly decreased. Since then the prices rebounded and peaked in 2014 and in many places the prices are still above the 2011 market. More importantly in the last 9 years, you would have earned attractive yields and if you were a foreign investor, you would made even better returns when you factor the strength of USD/AED.
A similar opportunity is being presented to you now. The question is are you going to take advantage of it. You might not have AED 1 million to buy a townhome, but you can certainly participate in the one on the SmartCrowd platform with as little as AED 5,000.
SmartCrowd Limited, an award-winning Dubai-based company and MENA’s first financially regulated real estate investments platform (REIP) is disrupting the real estate investment world by making it affordable and transparent for all. The company is regulated by Dubai Financial Services Authority (DFSA), the independent regulator of financial services based in the Dubai International Financial Centre (DIFC).
First, you should focus on is your personal needs. If you are looking for a ‘forever home’ then buying makes sense. But if you are not sure about your long-term plans – even without looking at the numbers – renting makes more sense as it provides you with a lot of flexibility, especially with the current macro environment and uncertainty.
You can now invest in luxury real estate for as little as AED 5,000.
