SmartCrowd records first exit with market-beating returns to its investors

SmartCrowd records first exit with market-beating returns to its investors

SmartCrowd’s digital platform delivers 39.25% total returns to investors on the recently sold Dubai Marina property over a 17-month period, outperforming the market

By selecting properties poised for long-term growth in an otherwise volatile market, SmartCrowd provides an excellent opportunity to diversify with real estate investments

SmartCrowd, the MENA region’s first and largest real estate crowdfunding platform, has delivered its investors an impressive 39.25% total net return (rental income + capital gains) over a 17-month period, and 27.92% return on an annualized basis, after recently exiting a Dubai Marina property investment.

The studio apartment in Marina Bay Central, Dubai Marina, was purchased by 53 investors through the SmartCrowd platform for AED 530,000 in February 2021, and sold for AED 780,000 in July 2022, resulting in a 47% gross capital appreciation. The property had generated a net income to its investors of AED 74,330, representing a net annualized yield of 10.04%, compared to Dubai Marina’s market average of 6.20%.

SmartCrowd, the Abu Dhabi-headquartered Hub71 fintech firm, which is registered with the DIFC and regulated by the DFSA, presents a simpler, smarter way to access prime Dubai real estate, allowing everyday investors to diversify their portfolios with ease.

SmartCrowd CEO and Co-Founder, Siddiq Farid, says: “The real