Nawy Enters GCC with SmartCrowd Acquisition Following $52M Series A

Egyptian proptech leader Nawy has made its debut in the Gulf region by acquiring a majority stake in SmartCrowd, a UAE-based real estate investment platform. The move follows Nawy’s recent $52 million Series A funding round, which attracted prominent global investors including e& Capital, Partech, March Capital Investments, Endeavor Catalyst, DPI’s Nclude Fund, Shorooq Partners, VentureSouq, Outliers, Verod-Kepple Africa Ventures, HOF Capital, and Plug and Play.

SmartCrowd, founded in 2018, is a licensed platform under the Dubai Financial Services Authority (DFSA) and based in the Dubai International Financial Centre (DIFC). It allows users to invest in high-quality, income-generating properties in Dubai starting from just $150. To date, the platform has facilitated over $110 million in property transactions and distributed more than $40 million in rental income and capital gains.

This acquisition signals a strategic step for Nawy as it expands into the UAE’s rapidly growing real estate investment sector, which is expected to reach $33 billion by 2030. The sector’s growth is fueled by innovations in tokenization, fractional ownership, and increased cross-border investor interest—making it a strong launchpad for Nawy’s regional growth.

Nawy, which began as a property listing platform, has evolved into a comprehensive real estate tech ecosystem. Its offerings include:

• Nawy Now – home financing solutions
• Nawy Shares – fractional property ownership
• Nawy Unlocked – property improvement services
• Nawy Partners – B2B brokerage network

By integrating SmartCrowd’s investment infrastructure, Nawy aims to offer an end-to-end, technology-enabled real estate platform for users across the MENA region.

"SmartCrowd brings a trusted, high-performance, and regulated investment engine to our ecosystem. It's a natural fit with our technology-driven vision for real estate," said Mostafa El-Beltagy, CEO of Nawy. "Together, we’re setting the stage for a new era of transparent, accessible, and data-led property investment across MENA."