European investment platform Konvi has launched into the United Arab Emirates, enabling investors to sink money into Dubai and Abu Dhabi’s property markets.
Investors can own a piece of high value assets for a minimum of €250, getting rental yields and money from eventual sales in return.
The firm is partnering with ‘seasoned industry experts’, while it said it curates and insures the assets.
Eran Peer, co-founder and chief executive of Konvi, said: “The UAE’s real estate market is a goldmine of untapped potential, perfectly suited to Konvi’s groundbreaking fractional investment model.
“This expansion isn’t just about opening doors—we’re unlocking the future of wealth-building. Investors can now explore our first UAE properties, along with a treasure trove of other exciting luxury investment opportunities on our platform.”
In Dubai property prices rose for 15 consecutive quarters and rose by 20% for the year up to May, while rents have climbed for 13 straight quarters.
In Abu Dhabi, the all-residential property price index soared by 7.53% in Q1 2024 from a year earlier.
