Meteora Developers Fully Acquires Maisour
Meteora Developers, a UAE-based real estate development company, has fully acquired Maisour, a UAE-based real estate crowdfunding platform, in a deal valued at “millions of dollars” without disclosing the exact amount. Maisour, established in 2021, is licensed by the Dubai Financial Services Authority and offers individual investors a platform that facilitates partial ownership and investment in real estate.
This acquisition allows Meteora Developers to integrate its expertise in the real estate market with Maisour’s tech-driven platform, opening up broader and more diverse opportunities for real estate investment. By lowering the initial financial barrier for investment and enabling ownership seamlessly through mobile apps, the platform will now attract a larger pool of global investors, particularly those who previously found the high initial financial requirements challenging.
With the support of Meteora Developers, Maisour will be able to rapidly grow and introduce new features such as a secondary market, AI-driven reinvestment strategies, and even explore expansion into other regional markets such as Saudi Arabia, Egypt, India, and Pakistan.