Dubai-based real estate investment platform Stake has successfully concluded an oversubscribed Series B funding round, raising $31 million (Dh113.77 million) from a consortium of prominent regional investors. The investment was led by Emirates NBD bank and Mubadala Investment Company, with additional participation from Property Finder, Ellington Properties, Middle East Venture Partners (MEVP), STV NICE, Wa’ed Ventures, and GFH Partners.
This latest injection of capital brings Stake’s total funding to date to $58 million (Dh213 million), significantly strengthening its position in the digital real estate investment sector. The platform, founded in the UAE in 2021 and expanded to Saudi Arabia in 2024, has built a substantial community exceeding 2 million users from 211 nationalities.
Neeraj Makin, Group Head for Strategy, Analytics and Venture Capital at Emirates NBD, emphasized the strategic importance of the investment: “Real estate remains a foundational component of global investment portfolios, yet there is an opportunity to improve how many investors access and gain transparency into these assets. Our strategic investment in Stake represents a significant step in expanding our digital investment capabilities.”
The funding will primarily support Stake’s expansion in the Saudi market, which the company identifies as a strategic growth opportunity. Since entering Saudi Arabia, Stake has already closed three real estate funds, attracting 6,930 international investors and channeling over SAR 416 million into the local real estate sector.
Co-founder and co-CEO Rami Tabbara commented on the institutional backing: “To have institutions like Emirates NBD, Mubadala, Property Finder, MEVP, Wa’ed Ventures, GFH Partners, STV and Ellington Properties join us is a reminder that our region believes in ambitious ideas and in the power of technology to transform industries.”
In a significant regulatory development, Stake has received In-Principle Approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to advance regulated tokenization of real estate assets in collaboration with Property Finder. This positions the company at the forefront of blockchain integration in Middle Eastern real estate markets.
To date, Stake has facilitated over 250,000 investments across 500-plus properties and four private real estate funds, distributing more than Dh55 million in rental income and surpassing Dh1.4 billion in real estate transactions.