Seqoon, the first holiday home fractional ownership company in the MENA region, has announced its expansion into the UAE market, specifically in the bustling city of Dubai, Invest-Gate reports.

This strategic decision reflects Seqoon’s dedication to becoming the leading platform for holiday home buyers in the region.

Since its launch in 2022, Seqoon has aimed to redefine the real estate ownership experience. The company’s innovative approach focuses on breaking down affordability barriers and providing users with a seamless and hassle-free way to own fractions of luxury real estate.

The increasing demand for this unique ownership model led to Seqoon’s successful first funding round and expansion into various destinations in Egypt, including El Gouna and the North Coast.

Unlike traditional property ownership, Seqoon users invest in fractions of holiday homes that are managed by the company’s dedicated property teams. Ownership fractions grant users an annual balance of nights within their chosen property. This distinctive model offers users the flexibility to schedule stays, rent out nights for returns, or retain shares for potential future sales.

By owning fractions, users enjoy a more flexible approach to property ownership and have the opportunity to diversify their property portfolios. Seqoon’s property management services further enhance the ownership experience, relieving users of the burdens associated with maintenance, utilities, and cleaning.

Mohamed El Khatieb, Co-Founder and COO of Seqoon, expressed his enthusiasm for the launch in Dubai, highlighting how the city’s dynamic real estate market and thriving tourism perfectly align with Seqoon’s mission of making property ownership more accessible and enjoyable. Seqoon is thrilled to introduce its innovative fractional ownership model to the vibrant city of Dubai.