In collaboration with Property Finder, Stake is progressing in regulated tokenisation and has obtained In-Principle Approval from Dubai’s Virtual Assets Regulatory Authority.
Emirates NBD, the UAE sovereign wealth fund Mubadala Investment Company, Property Finder, and Ellington Properties have acquired stakes in real estate investment platform Stake, which raised $31 million (Dh113.77 million) in its Series B funding round.
Stake said the round was oversubscribed, with additional participation from Middle East Venture Partners (MEVP), STV NICE, Wa’ed Ventures, and GFH Partners.
Following this round, Stake’s total funding to date reaches $58 million (Dh213 million).
Stake Raises $31 Million in Series B Funding; Emirates NBD, Mubadala, and Partners Invest
Stake, the UAE-based real estate investment platform, has raised $31 million (Dh113.77 million) in a Series B funding round, with stakes acquired by Emirates NBD, the UAE sovereign wealth fund Mubadala Investment Company, Property Finder, and Ellington Properties. The round was oversubscribed, attracting additional participation from Middle East Venture Partners (MEVP), STV NICE, Wa’ed Ventures, and GFH Partners. Following this round, Stake’s total funding to date reaches $58 million (Dh213 million).
Strategic investment and vision
“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,” said Neeraj Makin, Group Head for Strategy, Analytics, and Venture Capital at Emirates NBD.
“Through our Innovation Fund, we are committed to making strategic investments. We recognise the growing demand for accessible real estate opportunities, and Stake’s platform provides a robust, compliant, and scalable solution that we are proud to support,” he added.
“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,” said Rami Tabbara, co-founder and co-CEO of Stake.
Focus on the Saudi market
Founded in the UAE in 2021 and expanded to Saudi Arabia in 2024, Stake now serves a community of over 2 million users from more than 211 nationalities, facilitating over 250,000 investments across 500+ properties and four private real estate funds. The platform has paid out over Dh55 million in rental income and completed more than Dh1.4 billion in real estate transactions to date.
“Saudi Arabia is a strategic growth market for us, and this round allows us to deepen our investment in the Kingdom by expanding local capabilities and scaling our offering to meet growing demand from both regional and international investors,” said Manar Mahmassani, co-founder and co-CEO of Stake. Since entering the Saudi market, Stake has closed three real estate funds, attracting 6,930 international investors and channeling over SAR 416 million into the local real estate sector.
Advancing regulated tokenisation
Stake is also progressing in regulated tokenisation in collaboration with Property Finder and has secured In-Principle Approval (IPA) from Dubai’s Virtual Assets Regulatory Authority (VARA), reinforcing its position as a compliant and forward-looking real estate investment platform.
