Crowdfunding can be a really helpful way to start your business. If you follow our blog, you probably have a very good idea of how it works. Simply put, crowdfunding is the process through which a number of people contribute small amounts of money to raise capital for a certain business. They can do so through licenced online crowdfunding platforms. Do you find the idea interesting? Great! Go on reading our article as we are going to introduce you to the top crowdfunding agencies in the UAE, especially the ones that are related to the real estate business.
Top 5 Crowdfunding Agencies in UAE
Stake Properties
Stake Properties is a fintech and real estate investment platform. This platform provides some of the simplest and easiest ways to invest in rental properties in Dubai. After you create an account and add your money, then all the money that investors provide goes to a segregated bank account. There they accumulate until a property is bought. You can start as low as 500 AED.
Durise
One cannot but mention Durise. This is the first platform ever to crowdfund real estate not only in Dubai or UAE but in the Middle East! The good point is that this platform allows investors to invest on their own terms within their desired timeframe. On behalf of the crowd funders, Durise manages the investments, insures the timely payout of the generated rent income, and oversees the sales process upon reaching the exit term, all while adhering to the utmost standard of transparency and corporate governance.
Beehive
This Dubai-based company is the first peer-to-peer lending platform in the Middle East and North Africa (MENA) region to be regulated by Dubai Financial Services Authority (DFSA). It uses modern technology to help new or old businesses, which are seeking fast finance, connect with investors who are ready to help those businesses grow.
SmartCrowd
Here is another platform where you can start investing with as little as 500 AED. It operates the real estate business instead of you (as an investor) in the most transparent, convenient, and hassle-free way.
DubaiNext
Operated by Dubai SME for creative projects, DubaiNEXT is the first official governmental online crowdfunding platform for startups in the UAE. With this platform, people can start clear-goals campaigns and ask for support to put their plans into action. After getting support from contributors, the campaigns can be brought to life.
It seems that starting your business or generating some passive income is not as difficult as we have always thought. Do you remember how many times you planned to get your own project but quit the idea completely because you thought you would never get the money needed? Do you remember how many times you quit your passion for real estate for the same reason? With crowdfunding, the scene seems different. We are not saying that crowdfunding platforms guarantee you immediate returns. You know how an investment goes. You might start generating money immediately or it might take a while. You have to be patient and act smart. You can start with a little amount of money and then see how things go! Are you ready for this new journey? Tell us what you think in the comment section below.
