Crowdfunding is a revolutionary innovation that changes the possibility of investing in real estate
Sultan Al Khaili: Real estate is the best way to build sustainable wealth
Sultan Al Khaili: “Crowdfunding on (Smart Crowd) allows investment in real estate in an amount that suits individuals’ financial circumstances.”
Real estate investment is no longer confined to people with large financial incomes.
archival
picture
The partner of the SmartCrowd digital platform specialized in investment and crowdfunding real estate, and licensed by the Dubai Financial Services Authority, Sultan Al Khaili, confirmed that the Gulf investor is aware and fully aware that investing in real estate is the best way to build sustainable wealth in the long term.
Al Khaili told "Emirates Today" that one of the biggest obstacles that prevents an individual from owning a diversified portfolio of real estate is the need for huge capital, noting that "Smart Crowd" and by providing a crowdfunding platform, aspires to provide the opportunity to overcome this obstacle, and grant Flexible dealers in their journey to build wealth.
revolutionary innovation
Al Khaili explained that crowdfunding is a revolutionary innovation that significantly changes the society's ability to invest in real estate in amounts that suit individuals' requirements, and gives them the opportunity to diversify their investments in more than one property, which contributes significantly to reducing the focus on only one property.
opportunity for everyone
Al Khaili stressed that crowdfunding on the “Smart Crowd” platform is directed to all groups, whether they are residents or citizens, as it gives them the opportunity to invest in real estate in an amount that suits their financial circumstances.
He continued, "Investing in real estate has always been limited to individuals with large financial incomes, but with the (Smart Crowd) platform, it has become suitable for all individuals, regardless of their level of financial income."
He pointed out that group real estate financing is suitable for all segments of society, regardless of their level of financial income, as it saves a lot of time and trouble for the user, given that "Smart Crowd" is the one that performs all registration, leasing and management procedures.
Market Challenges
Al Khaili pointed out that this new trend in financing will contribute positively to the real estate market, as crowdfunding real estate allows a large number of individuals to participate in the market, and the number of participants is expected to increase significantly, and thus liquidity in the market will increase, which benefits both seller and buyer.
He stated that one of the challenges that will face this new trend in the real estate market is the presence of qualified companies and work teams to provide this opportunity for individuals, as the user will place great confidence in the crowdfunding real estate company to choose and manage the appropriate property.
He pointed out that the economic indicators and the leadership's efforts to contain the "Covid 19" pandemic, and to attract investors to the state by granting permanent residency, will contribute positively to the continued recovery and competitiveness of the real estate market in the country, which makes investing in the real estate sector rewarding for the investor in the short and long term.
rewarding return
Al Khaili stressed that there are many factors that contribute to achieving a rewarding return when investing in real estate, and said: “It is true that general prices in the real estate market are important, but they are not the only factor, because the thoughtful choice, the right management, and the formation of a diversified portfolio of real estate are factors that have It is also very important to achieve a rewarding return, as well as choosing the right platform for real estate management, and user awareness in creating a diversified portfolio.”
Follow our latest local and sports news and the latest political and economic developments via Google news