Dubai, UAE – May 6, 2024 – Indian real estate investment platform hBits is expanding its reach, offering fractional ownership in Dubai’s luxury property market to everyday investors. This move allows individuals to own a piece of multi-million dollar mansions for as little as $30,000.
hBits, a leader in fractional real estate investments in India, is bringing its model to the United Arab Emirates. The company paves the way for UAE residents, both citizens and expats, to participate in Dubai’s booming real estate market with a smaller investment compared to traditional methods.
How it Works
hBits operates through an Alternative Investment Fund (AIF), which pools investor capital. The company then uses these funds to purchase high-value properties in Dubai, estimated to range from $6 million to $10 million each. hBits subsequently divides ownership of these properties into fractions, allowing investors to buy in for a minimum of $30,000.
Transparency and Security
hBits emphasizes transparency in its transactions. They utilize a Special Purpose Vehicle (SPV) to manage each property and route all investments through an escrow account. This ensures clear accountability and minimizes risk. Additionally, hBits collaborates with reputable law firms and international property consultants to conduct thorough due diligence on potential acquisitions.
Benefits for Investors
Fractional ownership offers several advantages for retail investors:
- Accessibility: Invest in high-end real estate previously out of reach due to high entry costs.
- Diversification: Spread your investment portfolio across multiple properties, mitigating risk.
- Potential for Returns: Share in the potential rental income and long-term appreciation of the property.
hBits’ entry into the Dubai market signifies a growing trend of fractional ownership in luxury real estate. This approach democratizes investment opportunities, making it possible for a wider range of individuals to participate in a traditionally exclusive market.