The Middle East and North Africa’s (MENA) first and largest real estate crowdfunding platform SmartCrowd has launched a new premium service for high net worth investors.
According to the statement, the DFSA-regulated investment platform has now introduced a unique service line to let high-net-worth individuals easily build a diversified property portfolio across the region.
The launch of SmartCrowd’s new service coincides with the growth of high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals in the Gulf Cooperation Council (GCC) region.
According to Boston Consulting Group, there are 144,959 people with a net worth of between $1 million to $100 million and 115 people with $100 million or more in the GCC.
Siddiq Farid Co-founder & CEO SmartCrowd
“Since being regulated two years ago, we have empowered our community to invest in wealth-generating properties, no matter what income. We have focused on delivering that promise and now have more than 20,000 users across our platform. As the UAE is one of the world’s great wealth hubs, the evolution of our new Premium service is designed to cater to the growing number of customers with bespoke requirements who value digital real-time access to their property portfolio.”
Tailored portfolio enhancement options, a dedicated relationship manager, access to exclusive property opportunities, a personalized digital dashboard providing full visibility and control, administrative paperwork and due diligence management, and lower average fees are among the highlights of the new Premium package.
“The service will also enable individuals to invest in properties with their family and friends. For investors, they will receive the benefit of active returns without the hassle of active management,” as per the company statement.
