The UAE real estate market has grown substantially in Q1’2024. The total property sale transactions have increased by 17.6% (total of 36,506 transactions) in comparison to Q1’23. The total sales value has also grown to AED 108.5 billion, a 21.9% increase from Q1’23.
PRYPCO Blocks is a platform that enables you to invest in portions of real estate properties for smaller amounts.
This method allows you to enjoy the benefits of owning a high-value asset without the need for an entire financial commitment, as multiple owners share the cost of the purchase, making it more affordable in comparison to sole ownership.
Continue reading the blog to learn more about how PRYPCO Blocks makes real estate investing a convenient option.
How does PRYPCO Blocks make real estate investing convenient?
Low barrier of entry
PRYPCO Blocks lets you benefit from the full potential of real estate returns, including rental income as well as capital gains, without requiring you to put in a substantial upfront investment. PRYPCO Blocks does not have any joining fees, and you can start investing from AED 2,000 (approx. USD 540).
Hassle-free process
The process to start investing with PRYPCO Blocks is pretty straightforward. All you need to do is register on our website to create an account. Once the registration process has been completed, you will be able to browse through listed properties. Choose the property that suits you the best and enjoy monthly income in the form of rentals.
Access to premium properties
With PRYPCO Blocks, you also have the opportunity to invest in various properties based in some of the prime locations of Dubai, like Downtown, Business Bay, Jumeirah Village Circle, Dubai Marina etc., that can possibly deliver a healthy return on investment. These properties also often come with convenient amenities that can appeal to potential investors.
How does PRYPCO Blocks make real estate investing affordable?
Low fees
Not only does PRYPCO Blocks enable you to begin investing in UAE real estate from just AED 2,000 (approx. USD 540), but you also benefit from some of the lowest upfront fees compared to other fractional ownership platforms in the UAE. This will help you earn better returns, as you save more on the fees associated with the platform.
Affordability of maintenance and upgrades
Properties require ongoing maintenance, repairs, and occasional upgrades. The cost of these expenses can be substantial. With PRYPCO Blocks, the responsibility for these costs gets divided between the owners of the property, making it more cost-friendly for individual investors.
PRYPCO Blocks enables fractional property ownership in a more simple and budget-friendly manner.
As explained in the blog, you just need to sign up on the website, complete the registration process, browse through a list of properties, and then eventually select the property you would like to invest in.