Abu Dhabi has made history with the first-ever crowdfunded investment property through SmartCrowd.
SmartCrowd is the region’s first regulated real estate crowdfunding platform. The company has launched a studio apartment valued at AED 1.2 million ($327,000).
SmartCrowd enables investors to acquire fractional ownership of properties, providing a more accessible entry point to Abu Dhabi’s property market.
Riz Ahmed, CEO at SmartCrowd, said: “This milestone reflects SmartCrowd’s commitment to opening access to real estate investing across the UAE. Abu Dhabi is just the beginning of a larger expansion. We will continue introducing properties from other emirates so investors can diversify, grow their portfolios, and share in the UAE’s success through one digital platform.”
Abu Dhabi’s real estate is undergoing many exciting developments with Disney World Abu Dhabi and Guggenheim Abu Dhabi planned to open in the capital and bolster the city’s global and long-term investment profile.
