How to Create Your SmartCrowd Account?
You can create a free account on SmartCrowd by completing a few simple steps. All you have to do is click here to get started.
- Sign-Up: As a first step, you’ll need to fill in your basic contact information and agree to our terms of service.
- Initial Registration: This entails verifying your email address, providing citizenship as well as your current residential address, and finally agreeing to all our T&Cs.
- Limited Access: Once you create your SmartCrowd profile, you will have limited access to our platform for 30 days only. Here, you can explore old and new investment opportunities as well as some information related to the property.
- Complete Registration: In order to download independent valuation documents and/or invest in a property, you will have to complete your registration. It’s basically just providing extra information to comply with DFSA’s requirements. i.e. employment details, copy of passport, and proof of address.
Great question! As the first regulated real estate investment platform in Middle East & North Africa, we are legally required to ask for this information.
Think of it as no different than opening up a bank account. You’d be worried if your bank wasn’t asking customers the right questions before opening up their account, right? It’s the same concept.
SmartCrowd is regulated by the Dubai Financial Services Authority (DFSA) and is required to comply with Know-Your-Customer (KYC) and Anti-Money Laundering (AML) controls. For this reason, all investors must submit proof of identity (passport and/or national ID) and proof of residence (e.g., utility bills, bank statements, tenancy contract, etc.) along with their employment information, source of wealth, and current annual income.
All users go through a compliance check before they are able to invest.
As per the DFSA AML Rules and in accordance with UAE Federal AML Laws, Smart Crowd has implemented a robust Anti Money Laundering framework to ensure that SmartCrowd mitigates the risk of money laundering or terrorist financing activity through its platform. SmartCrowd’s AML framework includes, but is not limited to, the designation of a Money Laundering Reporting Officer, employee AML training and the implementation of a Customer Due Diligence process.
