Real Estate Developer Meteora Acquires Maisour
This partnership is expected to attract more investors by lowering the entry barrier and offering mobile-based ownership.
Dubai-based Meteora Developers has acquired the Emirati property crowdfunding platform Maisour in a multimillion-dollar deal.[1]
Maisour’s platform allows global investors to buy fractional ownership of Dubai properties starting at AED 500 ($136.13). This partnership is expected to attract more investors by lowering the entry barrier and offering mobile-based ownership.
The acquisition also sets the stage for expansion into new markets, with plans to introduce a secondary market, AI-driven reinvestment strategies, and potential growth into countries like KSA, Egypt, India, and Pakistan.
Both companies' founders bring over 70 years of combined experience in real estate, investment banking, and technology, positioning Maisour for growth. Investors on the platform can now access real estate projects curated by Meteora and Maisour’s local experts.
Founded in 2022 by Praveen Sharma, Meteora Developers is a real estate company with a range of projects across the UAE. Maisour, established in 2021 by Ahmed Nour, Haytham Assaal, and Sari Safi, is a DIFC-based platform that enables global investors to enter the UAE’s property market through fractional ownership.
