Dubai - Sharikat Mubasher: Stake, a Dubai-based real estate investment platform, secured $31 million in an oversubscribed Series B funding round led by Emirates NBD, with participation from several regional and international investors, including the MENA Venture Capital Fund at Mubadala Investment Company, Middle East Venture Partners (MEVP), Property Finder, STV NICE, Wa’ed Ventures, GFH Partners, and Ellington Properties.
This investment, which brings Stake’s total funding to $58 million, represents a significant milestone in Stake’s evolution as a regulated fintech platform modernizing how real estate is accessed, owned, and invested across borders, the company stated in a press release today.
The funding will fuel Stake’s expansion in regional markets, notably in Saudi Arabia, which represents Stake’s most immediate and strategic growth market.
Manar Mahmassani, Co-Founder and Co-CEO of Stake, said: “Saudi Arabia is a strategic growth market for us, and this round allows us to deepen our investment in the Kingdom by expanding our local capabilities and scaling our CMA-regulated offering to meet growing demand from both regional and international investors.”
She affirmed the company’s commitment to being a long-term partner to the market, helping channel capital into high-quality opportunities while supporting the Kingdom’s ambition to broaden foreign investment to the masses.
In turn, Rami Tabbara, Co-Founder and Co-CEO of Stake, stated that the round will enable the company to build the infrastructure for a new era of real estate ownership, one where borders do not limit opportunity and where every person, regardless of background, can participate in real estate wealth creation.
In 2024, Stake became the first CMA-regulated investment platform to open the Kingdom’s property market to global investors. Since then, the company has closed three real estate funds in Saudi Arabia, attracting 6,930 international investors and channeling more than SAR 416 million into the local real estate sector.
Along with broadening its product offering, Stake is advancing its international strategy beyond the GCC to provide investors with diversified exposure across stable and high-growth markets.