Propshop Redefines Real Estate Investment with Groundbreaking Platform in Dubai
Propshop Revolutionizes Real Estate Investment in the UAE with Fractional Ownership Platform
In a groundbreaking move that is set to redefine the investment landscape in Dubai, Propshop, a leading prop-tech firm based in the UAE, has introduced a tokenized real estate investment platform that offers fractional ownership in the city’s booming real estate sector. Under the visionary leadership of CEO Sarah Sajwani, Propshop is democratizing access to the lucrative real estate market in Dubai, allowing regional and global investors to participate in the market starting with just AED 500.
The platform, which will debut on the 6th of March 2024, will offer investors the opportunity to purchase tokens equivalent to a square foot of a luxury real estate property in a prestigious Dubai community. These tokens, representing approximately 30% of the property value, will be sold on a first-come-first-serve basis in the initial offering. The remaining 70% of tokens will be available in phase two of the platform’s launch starting on the 27th of April 2024.
Propshop’s unique 24/7 exit facility allows investors to monitor the value of their assets in real time and easily exit their investments with the help of industry experts. The platform emphasizes informed investment, with a focus on due diligence and transparency, as all investments are securely traded on the blockchain.
Sarah Sajwani, CEO of Propshop, stated, “Propshop is revolutionizing real estate investment by integrating the physical and digital worlds, offering inclusive opportunities for a diverse range of investors. We’re bridging the gap between real assets and the crypto space, ensuring trust, transparency, and tangibility for our investors.”
Propshop has also navigated regulatory requirements to offer off-plan real estate investments into UAE properties for the first time, giving investors early access to the market and the expertise of the local real estate sector. The platform offers continuous trading access to off-plan properties, allowing investors to benefit from appreciation opportunities and flexible investment strategies.
With its innovative approach to real estate investment, Propshop is set to transform market dynamics in Dubai by combining the stability of real estate with the agility of blockchain technology. The platform offers a unique, inclusive, and flexible investment pathway that promises to revolutionize the real estate investment landscape in the UAE and beyond.
