UAE – Mubasher: Dubai-based Meteora Developers has acquired the DIFC-based property crowdfunding platform Maisour in a multimillion-dollar deal, according to a press release.

The transaction aims to reshape the UAE's real estate investment landscape in line with both companies’ visions to democratise real estate investment and capitalise on Dubai’s booming property market.

This acquisition allows Meteora Developers to integrate its expertise in the real estate market with Maisour’s tech-driven platform, offering a broader and more diverse range of real estate investment opportunities.

Praveen Sharma, Founder and CEO of Meteora Developers, commented: "Through this acquisition, we are taking significant strides toward making Dubai real estate accessible to billions of potential investors worldwide.”

The founders of Maisour and Meteora bring more than 70 years of combined experience in real estate, investment banking, technology, and marketing.

Mohamed Sabry, Senior Executive Officer of Maisour, said: “Our mission of democratising real estate investment is now bolstered by the vast resources, connections, and market insights that Meteora Developers bring to the table. This will allow us to better serve our investors while continuing to innovate.”

Through collaboration with Meteora, Maisour will be able to expand rapidly and provide new features, including AI-driven reinvestment strategies. It will also explore expansion into other regional markets, such as Saudi Arabia, Egypt, India, and Pakistan.

Sharma added: “Our partnership with Maisour is a perfect synergy of technology and real estate expertise. This acquisition will allow us to offer unparalleled opportunities to investors worldwide while continuing to enhance Dubai’s reputation as a global real estate hub.”