In September 2021, the information has become known about the minimum investment to provide revenue from property in Dubai. The official website https://www.axcapital.ae/ will tell you more about how you can benefit from a minimal investment in apartments in Dubai Marina.
The future belongs to new technologies
There’s no need to provide a relative fortune to start gaining from property. SmartCrowd is a special stand that is governed by the Dubai Financial Services Authority (DFSA). It was created for property investment and offers a variety of options for this. For example, in September 2021, the stand recorded the lowest financial entry point to the Dubai real property sector – 500 AED in districts Dubai Marina, JBR, and City Walk.
In the foreseeable future, SmartCrowd will add markets in Europe, the UK, and the USA, where entrepreneurs will be able to make affordable investments as well.
The Khaleej Times highlighted the importance of this stand: “The UAE residents no longer need millions to leverage in major property markets and build their own portfolios, as they will soon be able to own property in the US, UK, and Europe with a high return on investment.”
The UAE residents can invest from AED 500 in Dubai’s growing property sector, gain from rentals and benefit from higher prices.
Siddiq Farid, CEO, and co-venturer of SmartCrowd, announced that the stand is actively gaining popularity. In the near future, it is planned to expand this system, including in the sectors of the USA and Europe.
Investment advantages
Benefit for all income groups
Ata Shobeiri, CEO of Zoom Property, stated that Smart Crowdfunding can benefit investors from all revenue groups and help them make a lot of capital. The general public is now offered a variety of investment options in addition to investing in securities and stocks.
“This enterprise leads to new opportunities for capital providers to increase capital. People can manage their well-earned money and invest profitably in Dubai’s ever-growing market. Ultimately, this will generate income and help develop the economy more efficiently” Shobeiri emphasizes.
A similar opinion is shared by Yusuf Fakhruddin, CEO of Fakhruddin Properties. According to him, the stand gives a new impetus to the development of this region of the United Arab Emirates. “It seems to me that the sustainability of innovative technologies in the UAE is at the best level and SmartCrowd is a direct demonstration of this,” Fakhruddin said.
Specifically, he emphasized that partial ownership has been a tried and trusted concept in the UK and Europe, but this way of interacting with real property will take investment to another level.
Despite the continuance of demand, the residential sectors of Dubai and the UAE were profitable even during the pandemic, high prices remained a problem. Now that it is possible to invest from AED 500 in property, the general public will gain considerably, and this will also give a new impetus to the economy and open up to a new segment of buyers.
Ease of use
One of the SmartCrowd stand advantages is its availability and ease of use. Since the system is controlled by the DFSA, the client account here should be similar to those created in banks and brokerage firms. After the creation, verification, and validation of the account, the client gets access to the stand and the properties presented on it.
At the same time, the investor himself decides in which real properties he wants to invest and how much. The minimum amount is AED 500. After the client has made an investment, the stand takes over the subsequent organizational issues. This takes 3 to 5 weeks in total. After the investor begins to regularly receive his income, which can be got out from the digital wallet at any time.
Full compliance with DLD rules
SmartCrowd fully complies with the requirements of the Dubai Land Department. Immediately after the accomplishment of financing, a DIFC enterprise will be established, in which the corresponding ownership interests will be distributed to investors in proportion to their investments. The DIFC is then enrolled in the DLD.
Investors have complete legitimate rights to their property. They are enumerated as the company stockholders in the DIFC public register. The same data is referenced in the DLD.
Excellent investment payoff
Thanks to its low entry barriers, the stand is gaining momentum and is engaging small capital providers as well as some reputable entrepreneurs in the property segment.
Siddiq Farid, CEO and co-venturer of SmartCrowd, said:
“We have over 20,000 registered users and 100 capital providers who have brought for a total over $ 30 million in the stand. Today about AED 1.5 million of lease revenue has so far been distributed to our users. ”
According to Farid, the portfolio on the SmartCrowd stand delivers an annualized gain of 7.4% apart from financial upgrowth. At the same time, revenue from an individual real property can run up to more than 10%, in relation to the type of property, location, and rental strategy.
Lease revenue is paid based on how often the lease payment is collected. If the lease payment is collected every month, then the interest is also paid every month. If the lease payment is collected once every three months, the revenue is distributed once every three months.
More than 40 real property operations were carried out on the stand over the past year and this is far from the limit. The rate of development is growing, given the demand from investors. It used to take an average of 12-18 days to finance a real property on the stand. Deposits are now carried out in 1-2 days, with the fastest funding to date completed in just two hours.
Financial and investment literacy upgrade
Farid stressed that SmartCrowd empowers people to make investment decisions on their own.
“We give everybody cognitively simple market data and intelligible sector analysis. As a rule, only large capital providers usually are allowed such information, but we make it available to everybody. For us, this means enlightenment and making everybody more literate capital providers with SmartCrowd” he reported.
Average profitability
The real property on the stand provides an annualized gain of 6 to 7% on average, which is much higher than the earnings from the fixed-term deposit in a bank.
“If you invest AED 1000, your annual income will be AED 60 to 70. However, it is worth keeping in mind that you have invested in real property, so if prices rise by 20-30% in five years, your AED 1000 will be between AED 1200 and 1300 and you will earn between AED 500 and 650. Thus, the potential profit will be from 50 to 65% ” Farid says.
To get direct results, you need to invest regularly. “Any amount can become an investment. It is important to make money work, this is the only way it will provide benefit and revenue.
Purchase of property in Dubai
Trust Ax Capital to find property for investment and living in Dubai. The company’s specialists will select a construction site that will satisfy your needs and will become your reliable financial support in the future.
