Nawy in UAE: Majority Stake Acquisition of SmartCrowd

Once again, Nawy is making headlines with a brand new acquisition in a lucrative market. In July 2025, Nawy acquired a significant stake in SmartCrowd, a leading UAE-based crowdfunding platform for real estate investments.

With this acquisition, Nawy officially entered the GCC market and is delivering on its promise to reshape the industry across the region.

Nawy Acquires Major Stake in SmartCrowd

Following a successful Series A funding round totaling $52 million, and an additional $23 million in debt financing. Nawy acquired SmartCrowd. As intended, the funding was used to scale operations and accelerate regional expansion (hence the acquisition).

By acquiring SmartCrowd, Nawy is officially operating in the UAE and GCC markets. This marks a significant step toward becoming a leading real estate platform across the MENA Region.

Nawy Shares Secures Virtual Assets Regulatory Authority License

Nawy Shares (through its arm, SmartCrowd) has successfully secured an In-Principle Licence Approval from the Virtual Assets Regulatory Authority [VARA] in the UAE.

This new licence will allow Nawy to achieve more milestones in the UAE market through its company SmartCrowd.

About SmartCrowd

SmartCrowd has been a major player in the real estate investment market since 2018. Through its platform, individuals can easily build a real estate investment portfolio and generate passive income/capital gain by having fractional ownership in properties.

Already, SmartCrowd has enabled $110M+ in property transactions and distributed over $40M in returns to investors across 130+ countries.

It is also worth noting that SmartCrowd is regulated by the Dubai Financial Services Authority (DFSA). The company is also registered in the DIFC.

Commenting on the acquisition, SmartCrowd’s CEO, Riz Ahmed, said that “This is a transformative transaction for SmartCrowd, joining forces with Nawy to build the region’s premier proptech ecosystem.” He went on to add that “This partnership accelerates our transition from startup to scale-up – making us the go-to platform for real estate investment in the Middle East.”

Nawy in 2025

Back to Nawy, this acquisition marks a milestone in the company’s vision of streamlining the real estate experience in the MENA region.

On that note, Nawy’s CEO – Mostafa El-Beltagy – commented that “Together, we’re unlocking a new era of seamless property investment across MENA.” 

This wasn’t Nawy’s only acquisition in 2025. Earlier in the year, the company acquired ROA to launch Nawy Unlocked. This product allows property owners to generate passive income with minimum effort.

To be more precise, Nawy Unlocked offers a range of services, including converting units into rental-ready properties and managing lease agreements. As well as ongoing property maintenance, and even financial assistance.

All in all, Nawy’s acquisition of SmartCrowd represents more than a strategic move; it marks the dawn of a new era for the company’s future.

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