Konvi, a “luxury assets fractional investment platform,” is now offering fractional investments of real estate in the UAE.
According to a note from the firm, Konvi is pursuing a fractionalised investment model, enabling investors to own a piece of property assets for as little as €250.
Konvi has partnered with local industry participants to provide both rental returns, along with capital appreciation.
Konvi states that the UAE luxury real estate market is thriving and is expected to grow throughout 2024. Dubai specifically is showing rising home values for 15 consecutive quarters and increasing 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 grew by 7.53% in Q1 2024 from a year earlier.
Demand remains strong for both markets.
Eran Peer, co-founder and CEO of Konvi, describes the UAE’s real estate market as a goldmine of untapped potential.
“Investors can now explore our first UAE properties, along with a treasure trove of other exciting luxury investment opportunities on our platform.”
Konvi, based in Ireland, is an online investment platform that lists alternative assets like wine, art, cars and more. Earlier this year, Konvi acquired two firms, Diversified and Fractible, which were competing platforms. Konvi claims to be the leading online investment platform in Europe supporting luxury alternative assets.
