What To Know
- Purchasing and investing in real estate in the UAE has never been easier, especially with the development of fractional ownership by Konvi and investors can now be a part of the luxury property market at $280 only.
- This strategy is especially appealing in the UAE due to the fact that the luxury sector of the operations, particularly in real estate is recording impressive growth regardless of the looming economic challenges in the global market.
- The second type of return is the rental income which is the amount got from rent collected during the time of investment and the third type of return is capital gain which is realized out of sale of property and this is the event when the pooled investors may derive their returns.
Purchasing and investing in real estate in the UAE has never been easier, especially with the development of fractional ownership by Konvi and investors can now be a part of the luxury property market at $280 only. As Konvi continue to grow and enter the United Arab Emirates, this unique platform provides those interested with an opportunity to invest in the increasingly competitive luxury real estate market of the country while requiring little to no initial capital investment.
Fractional ownership allows investors to purchase a part of a property hence reducing the threshold to invest in real estate. This strategy is especially appealing in the UAE due to the fact that the luxury sector of the operations, particularly in real estate is recording impressive growth regardless of the looming economic challenges in the global market. For instance, prices for Dubai’s homes have been recorded to have increased for the past 15 quarters with an annual growth rate up to May 2024 of 20% and rents that have been on the rise for the past 13 quarters consecutively. Likewise, there is an 11. 79% rise in the Abu Dhabi property for residency in the first quarter of 2024 as compared to the same period of the previous year.
The expansion of Konvi in the UAE is in response to this vibrant market whereby investors get an opportunity to explore the luxury real estate investment. Thus, the platform offers an improved business model embracing high-value assets that can be bought by individuals without the need of funds. The second type of return is the rental income which is the amount got from rent collected during the time of investment and the third type of return is capital gain which is realized out of sale of property and this is the event when the pooled investors may derive their returns.
Eran Peer, Co-Founder and CEO of Konvi, explained the opportunities of the UAE market and added: “The UAE’s real estate market is arguably one of the most promising for growth, and it aligns perfectly with what Konvi does; fractional ownership of property investment. This is not only about creating more opportunities; it’s about paving one’s way to the future of wealth generation. ”
Now through Konvi, luxury properties in the UAE are made accessible to investors as they can seize the opportunities that can be found in the region’s real estate market.
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