Stake surpasses AED1bn in real estate transactions across Dubai, Riyadh
Real estate fintech platform Stake has announced it has surpassed AED 1 billion in property transactions since its launch in 2021, marking a significant milestone in the company's mission to democratise access to real estate investment across high-growth markets in the Middle East.
With a user base of over one million individuals from 210 countries and 171 nationalities, Stake is reshaping how people invest in property. The platform has facilitated more than 250,000 individual investments across 420+ properties in Dubai alone, highlighting the strong demand for fractional ownership models in the region's dynamic property market.
Licensed by the Dubai Financial Services Authority (DFSA) with offices in DIFC and in the heart of Riyadh, Stake offers seamless, transparent, and Shariah-compliant investment opportunities in prime real estate, with entry points as low as AED 500. The company has positioned itself as a gateway for global investors looking to participate in the UAE's real estate sector.
Expanding its regional footprint, Stake entered the Saudi Arabian market in 2024, becoming the first platform regulated by the Capital Market Authority (CMA) to open up real estate investment to non-Saudi investors. Within just five months, Stake launched three private real estate funds in Riyadh, drawing in over SAR 135 million in foreign direct investment from investors in more than 10 countries.
These initiatives directly support Saudi Arabia's Vision 2030 by driving economic diversification and expanding access to the Kingdom's real estate sector.
'Surpassing AED 1 billion in transactions is a pivotal milestone for Stake, but we are just scratching the surface,' said Rami Tabbara, Co-Founder and Co-CEO of Stake. 'We have democratised access to prime and high-growth real estate markets like Dubai and Riyadh – opportunities that were once reserved for institutions – and there's more to come. We have exciting product launches coming over the next 6 months that will drive more investor participation into both markets.'
Manar Mahmassani, Co-Founder and Co-CEO said, 'This achievement is a testament to the global appetite for real estate as a wealth-building asset, and to our commitment to unlocking it with full transparency, regulatory alignment, and investor-first innovation.'
Backed by major investors including Aramco's Wa'ed Ventures, MEVP, Mubadala Investment Company, Republic, and Al Jomaih Holding, Stake has built a portfolio of more than 410 assets and continues to lead innovation in the digital real estate investment space.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The National
an hour ago
- The National
Trump frustrated with rising oil prices and Fed's Powell
US President Donald Trump said on Thursday that he was frustrated with rising oil prices over fears that tension in the Middle East could disrupt supplies. Brent crude and West Texas Intermediate, which tracks US crude, surged on Wednesday to their highest level since April, before slightly easing on Thursday. 'I don't like – the oil prices have gone up just a little bit over the last few days,' Mr Trump told reporters at the White House. Brent crude fell 45 cents, or 0.64 per cent, to $69.32 per barrel while WTI crude fell by 20 cents, or 0.29 per cent, to $67.91 per barrel. 'It's gonna keep going down a little bit, right? Because we have inflation under control,' Mr Trump said. An analysis conducted by Goldman Sachs last month indicated that he prefers crude prices to range between $40 and $50 per barrel, based on his social media posts. Prices rose on Wednesday after the US was preparing to evacuate non-essential staff from its embassy in Baghdad amid stalled progress in talks with Tehran to reach a nuclear deal. The two sides were expected to meet again in Oman on Sunday. Mr Trump, who this week said he was becoming less confident that a deal could be reached, warned that Israel could soon strike Iran. 'I don't want to say imminent but it looks like it's something that could very well happen,' he said. Mr Trump this year began his second term in office with a 'drill, baby, drill' approach to energy, pledging to increase the country's domestic oil production. However, US crude-oil production is expected to dip over the next 18 months as producers decrease drilling due to lower prices, according to a report from the Energy Information Administration on Tuesday. 'With fewer active drilling rigs, we forecast US operators will drill and complete fewer wells through 2026,' the EIA said. The agency said it expects US crude oil production to fall from a record high of 13.5 million barrels per day this year to about 13.3 million barrels per day by the fourth quarter of 2026. The EIA forecast Brent crude to average $61 per barrel by the end of this year and average $59 a barrel in 2026 due to rising global inventories. Trump lashes out at Powell Meanwhile, Mr Trump also expressed his frustrations with Federal Reserve chairman Jerome Powell as the US central bank is expected to keep interest rates steady when it meets next week. Mr Trump added that he 'may have to force something' if the Fed does not lower interest rates, although he did not elaborate. His comments came hours after government data showed that US producer prices rose less than anticipated last month, helping to calm fears of a tariff-fuelled inflation surge after separate inflation data came in softer than expected this week. Mr Powell and other Fed officials have indicated a cautious approach towards interest rates, due to uncertainty over the economic affects of tariffs, immigration and other Trump policies. Mr Trump also said he is 'not going to fire' Mr Powell, although the Fed chairman maintains the law does not give the president authority to sack him. A ruling from the Supreme Court in May give him special protection from being fired by the president based on the central bank's quasi-private structure.
Arabian Business
4 hours ago
- Arabian Business
Etihad growth continues with 19% passenger uplift to 1.7m in May
Etihad Airways carried 1.7m passengers in May, representing a 19 per cent increase compared to the same month last year. This continued growth reflects the airline's strategic expansion and strong market positioning. Passenger load factor climbed to 87 per cent, up from 84 per cent in May 2024, reinforcing the carrier's ability to optimise capacity while maintaining high demand. Etihad Airways growth The airline's operating fleet now stands at 100 aircraft, supporting its growing network and service enhancements. In the first five months of 2025, 8.4m travellers have flown with Etihad, a 17 per cent rise from the same period in 2024, with the airline maintaining an impressive 87 per cent average passenger load factor. Antonoaldo Neves, Etihad Airways CEO, said: 'We saw a pleasing continued growth in our momentum, with May's passenger numbers growing by 19 per cent year-on-year, underlining our position as the fastest-growing Middle East airline. 'Our year-to-date results show more than 8m customers have flown with us in 2025, and our rolling 12-month figure now stands at almost 20m, a testament to the trust placed in Etihad's service. 'We reached an exciting milestone in May as our fleet number reached the 100 mark. As we continue expanding our route network and growing our fleet in the coming months, our focus remains on delivering a seamless and exceptional customer experience.'
Khaleej Times
4 hours ago
- Khaleej Times
Some Dubai chocolate sold in UK may contain banned ingredients, says regulator
Some Dubai style chocolate being sold in the UK retail market may not meet the country's criteria and may contain banned additives or colouring agents, the British regulator Food Standards Agency (FSA) said on Thursday. However, the authority said that 'most Dubai-style chocolate available in the UK are 'safe' to consume for the British consumers. It advised consumers that some products imported under the Dubai chocolate brand from other countries may have banned ingredients, asking consumers to report it to authorities. Dubai chocolate has gone viral globally and companies in some other countries are also producing similar kinds of products. Made popular on TikTok, people have queued for hours to buy chocolate bars in Germany. The chocolate is filled with pistachios and crispy shredded filo pastry, costing around 25 euros in Germany. Earlier this year, a German court asked a supermarket not to sell a product as 'Dubai chocolate', saying the confectionary should be marked with Dubai brand only if it originated from the emirate. Earlier this year, German authorities confiscated 90kg of luxury Dubai chocolate from a woman at Hamburg airport that was subject to hundreds of euros in import duties. 'The vast majority of food in the UK is safe, but some imported Dubai-style chocolate products don't meet our standards and could be a food safety risk, especially for consumers with allergies. If you are looking to buy Dubai-style chocolate, we advise sticking with trusted retailers, like the ones you'd use for your weekly shop, as products are more likely to be made for UK consumers and so are safe to eat,' said Professor Robin May, chief scientific advisor to the FSA. 'As it's difficult for consumers to tell the difference between products made for the UK and those that aren't if you have a food allergy or intolerance, we advise that you do not buy the product unless you're certain it's intended for sale here. UK law requires food labels to highlight any of 14 allergens present in the product, but some imported products may not do this,' he said. The regulator said it is working with local authorities and has identified a number of products that pose a health risk to consumers with allergies. 'Some of these products may also contain additives and colours which aren't allowed on the UK market.' An advisory for consumers in the UK by the regulator said some imported Dubai-style chocolate products may not be intended for sale in the UK and could lack a full ingredients list or allergen labelling. By law, it said, labels must list all ingredients and clearly highlight any of the 14 regulated allergens. 'Products that should not have been imported for sale may not meet the UK's high food safety standards.' The British regulator said it is now studying these products and is working with allergy charities to help raise awareness of the risk with consumers. The FSA pointed out that the food products made to UK standards should have labels in English containing the name of the food (e.g. milk chocolate with pistachio paste filling); a list of ingredients, with allergens emphasised; the weight in grams; expiry date; and the name and address of the UK or EU business. If the food is not from the UK or EU, the name and address of the importer must be included.
