ABOUT WEfraction
The future of real estate investing is Here and Now
What is WeFraction?
WeFraction is a Proptech platform dedicated to bringing in more people into real estate through fractionalization. We break down real estate assets into small portions – we call them tickets. These tickets represent a set square footage in the asset that investors can buy at affordable price points. All investments are validated by the Dubai Land Department.
Real Estate Investing Has never been easier
We worked hard on simplifying the investing process as much as possible. Investing through WeFraction is as simple as “Add-To-Cart”.
Sign-up now and be among the first to know when we launch!
MIssion
Our mission is to democratize real estate investing and make it available to more people at affordable prices, while maintaining liquidity and tradability.
vision
Our vision is to live in a world where everyone benefits from the perks of the economy they live in through fractionalized investing.
mEET OUR tEAM
Cristian Onetiu
Founder & CEO
Florina Onetiu
Cofounder
Nader Aboulhosn
Chief Marketing Officer
Silvia Lupu
Chief Operating Officer
Frequently Asked Questions
While we use the blockchain as a tool to verify transactions and maintain a public ledger, we are NOT a crypto business. We are a proptech platform.
All investments happen at the title deed level. This means that our agreement with the Dubai Land Department, WeFraction issues micro title-deeds for each fraction. In essence your fraction is title deed of the exact square footage you own in the asset you invested in.
A micro title deed is a document issued by the Dubai Land Department that is the same as a regular title deed in every way except that a regular title deed represents a full asset while a micro deed represents a fraction of an asset.
Yours! We issue micro title deeds to asset owners that means you posses all the perks of a full landlord. Only difference is that unlike a full landlord you cannot live in the asset.
No. Everything is done on our platform. You do not need any crypto experience whatsoever. All you need to do is know how to login to an account!
There is no holding period! You can flip your share the moment you purchase it, though as a rule of thumb, when dealing with real estate it is advisable that you hold for at least a rental accrual period (varies by property).
KYC means Know Your Customer and sometimes Know Your Client.
KYC or KYC check is the mandatory process of identifying and verifying the client’s identity when opening an account and periodically over time.
In other words, we must make sure that our clients are genuinely who they claim to be.
KYC may be a little tedious but it is mandatory in order to protect everyone involved in a transaction. We do this to make sure that no sanctioned individual or entity can participate as this can taint the entire investment.
In other words, if you are about to make an investment or financial decision, make sure that you are being KYC’d! Lack of KYC is actually a major red flag for all regulators, financial institutions and investors.