SmartCrowd is MENA's first regulated real estate crowdfunding platform, allowing investors to participate in Dubai's real estate market with minimal capital. The platform enables individuals to invest in pre-vetted properties, offering opportunities for both monthly rental income and long-term capital appreciation.
SmartCrowd was founded in 2017 by Abdul Kadir Faizal, Musfique Ahmed, and Siddiq Farid. The company has shown significant growth since its inception, expanding its operations and user base. Recently, SmartCrowd has announced plans to expand into Saudi Arabia, indicating a strategy for regional growth.
SmartCrowd has successfully raised funds through multiple rounds:
The company closed a seed funding round with a $600,000 investment.
In June 2022, SmartCrowd raised $3 million in a bridge round.
SmartCrowd's key offerings include:
Investments starting from as low as AED 500
Pre-vetted investment opportunities in Dubai's real estate market
Data-driven analysis and third-party valuation for property selection
Special Purpose Vehicle (SPV) creation for each property
Interactive dashboard for investors to monitor their investments
Potential for monthly rental income and long-term capital appreciation
SmartCrowd recently launched "SmartCrowd 2.0," an updated version of their platform. This update includes:
Enhanced navigation
Improved functionality
SmartCrowd has a diverse and growing user base:
80% of platform users are UAE-based
20% of users come from various parts of the world, including locations as far as New Zealand and Canada
Smart Crowd
By Smart Crowd Ltd
