Stake Secures $14 Million Series A Funding to Expand Real Estate Investment Platform
Stake, a pioneering digital platform revolutionizing real estate investment in the UAE, has secured a significant milestone with a $14 million Series A funding round. This funding, led by MEVP (Middle East Venture Partners), along with Aramco’s Wa’ed Ventures, one of Saudi Arabia’s largest VC’s, Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, and Republic, a leading US-based private investing platform.
Over the past three years, Stake has gained traction in Dubai’s real estate scene, amassing a user base of over 500,000. Now, with ambitions to expand into Saudi Arabia, Stake aims to leverage this funding to become the first platform enabling individuals outside the Kingdom to invest in Saudi real estate opportunities. Saudi Arabia, with its significant market potential for regional and international investors, presents a strategic growth avenue for Stake and similar real estate fintech companies.
The capital infusion will not only facilitate Stake’s entry into Saudi Arabia but also support the expansion of its investor network. Additionally, it will fuel the introduction of new investment opportunities on the platform and the development of a robust team to enhance its market-leading product.
Rami Tabbara, Co-Founder & Co-CEO of Stake, expressed gratitude for the support from top-tier investors and emphasized Stake’s commitment to broadening its product offerings and providing prime investment opportunities. He highlighted the importance of digitizing the real estate investment process to make it more accessible, transparent, and liquid.
Manar, Co-Founder & Co-CEO of Stake, pointed out the promising growth prospects in Saudi Arabia, with a forecasted 6% growth rate in 2025, making it one of the fastest-growing G20 economies. Stake aims to enable both local and international users to participate in this growth by offering early investment opportunities. The partnership with influential institutional and sovereign investors further strengthens Stake’s mission of democratizing real estate ownership and wealth-building.
Walid Mansour of MEVP commended Stake’s innovative approach to real estate investment and expressed confidence in the company’s potential for success in the region.
Since its inception in 2021, Stake has reshaped the Dubai real estate market by allowing global investors to engage in fractional ownership with minimal entry barriers. The platform has facilitated over 100,000 transactions, with over 200 properties worth AED 355 million sold via its app. Stake’s impact extends beyond the UAE, with over 50% of its investors originating from outside the country, marking a significant shift in MENA’s financial and real estate landscape.
Recognized as a Rising Star by the Deloitte Technology Fast 50 list earlier this year, Stake continues to accelerate its growth trajectory. A strategic partnership with Republic, a US-based unicorn investment platform, further augments Stake’s expansion by granting investors in the US and UK unprecedented access to the thriving real estate markets of the UAE and Saudi Arabia.
