
SmartCrowd launches luxury Dubai Downtown penthouse Flip
This new launch comes as SmartCrowd continues to open up access to premium fractional real estate, having executed the highest number of Flip projects on a crowdfunding platform to date. Interest in SmartCrowd's Flip product is rapidly growing, with an earlier Dubai Hills Estate Flip project funding in record time, raising nearly Dh5 million in under 48 hours of launching on the platform.
The Flip model allows users to co-invest in premium properties with strong value-add potential, which are then renovated and sold within a targeted 9 to 15 months. While long-term investments focus on steady income and appreciation over time, Flip caters to those seeking quicker exits and potentially higher short-term returns, without the hassle of managing the renovation and sale.
Situated on the highest floor, this penthouse boasts panoramic, unobstructed views of the Burj Khalifa, the latest Downtown Flip is no exception. Its oversized layout and double-height ceilings, well above market norms, offer unmatched potential for a significant value-add renovation.
With a target raise of Dh10.9 million over a 9-month expected timeline, this Flip launch reflects SmartCrowd's ongoing focus on sourcing undervalued, high-potential properties in prime locations, then transforming them into highly marketable, premium residences.
'With growing demand for diversification and greater liquidity, we're expanding our Flip model to meet investor appetite,' said Riz Ahmed, CEO of SmartCrowd.
"This Downtown penthouse is exactly the kind of opportunity we aim to deliver, bringing high-potential, exclusive real estate within reach of everyday investors. With Nawy's backing, we're excited to scale this product even further."
While the Flip model has gained strong traction, it's designed to complement, not replace, longer-term investments, like Buy and Hold, by offering a broader menu of options tailored to different timelines and return expectations.
Following the same design language as SmartCrowd's recent Flip success in Central Park Towers, DIFC, this Downtown renovation will blend timeless minimalism with soft, sculptural luxury, a high-demand aesthetic that has already resonated with SmartCrowd investors and the Dubai buyer market.
This Downtown Flip comes just weeks after SmartCrowd's majority acquisition by Nawy, a leading Cairo-based PropTech backed by e& Capital. The acquisition strengthens SmartCrowd's operational foundation and unlocks new opportunities for growth, technology integration, and investor reach across the MENA.
With over Dh207 million in Flip projects launched to date and four successful exits generating an average 28 per cent net investor return over a 15-month holding period, SmartCrowd's Flip has established itself as a leading product in Dubai's dynamic short-term property investment space.
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The National
4 hours ago
- The National
Apple to announce new $100bn investment in US manufacturing
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Gulf Today
4 hours ago
- Gulf Today
Sharjah, Canada discuss waysto explore business partnership
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The Sharjah Chamber outlined its strategic vision to attract value-driven investments in key knowledge-based sectors, including AI, healthcare, and education. The Chamber also recognised the valuable contributions of Canadian businesses in Sharjah's economy, noting that they form a solid foundation for advancing the shared development goals of both sides. Al Owais affirmed that UAE-Canada ties exemplify a well-developed partnership, with the UAE ranking among Canada's top regional export markets. He also acknowledged the UAE-Canada Business Council's contribution to supporting major enterprises. "The Chamber aspires to sign a memorandum of understanding with a counterpart regional chamber in Canada. This would help unlock new opportunities, establish a legal framework for joint forums, and expand on ongoing success stories across high-potential sectors, in collaboration with government stakeholders in the emirate,' Al Owais added. For their part, the Canadian delegation praised the Sharjah Chamber for its proactive efforts to strengthen bilateral cooperation and for its strategic approach to empowering business communities to access opportunities in both Canadian and Emirati markets. They emphasised that Canada considers Sharjah a compelling investment hub, supported by its modern business ecosystem, world-class infrastructure, strategic geographic positioning, and extensive regional and global trade networks. As part of its drive to strengthen bilateral ties and attract Canadian investment, the Sharjah Chamber shared the upcoming events' calendar of Expo Centre Sharjah with the Canadian delegation during the meeting. The meeting concluded with both sides reaffirming the deep historical ties between the UAE and Canada and agreeing to maintain close coordination to turn shared strategic visions into actionable initiatives that advance business collaboration. 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SCCI's certificates of origin for H1 2025 showed that Saudi Arabia topped the list of importers from Sharjah, with export and re-export values exceeding Dhs5.9 billion, reinforcing strong bilateral trade ties and Sharjah's position as a key supplier to Gulf markets. Oman ranked second with more than Dhs1.6 billion, followed by Iraq with over Dhs1.5 billion. Other prominent export destinations included Qatar, the United Kingdom, Egypt, Ethiopia, Kuwait, and India. In his remarks, Abdallah Sultan Al Owais, Chairman of SCCI, stated that the surge in memberships during the first half of 2025 is a testament to the growing investor confidence in Sharjah's business ecosystem. He emphasised that the emirate's favorable investment environment and its array of competitive advantages and incentives have positioned Sharjah as a major business hub and investment destination. 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Khaleej Times
4 hours ago
- Khaleej Times
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