Stake Raises Dh113.7 Million In Series B Funding Emirates NBD, Mubadala Buy Share

2026-02-17 04:21:55

(MENAFN- Khaleej Times) Emirates NBD bank, the UAE sovereign wealth fund Mubadala Investment Company, Property Finder and Ellington Properties bought a stake in real estate investment platform Stake, which raised $31 million (Dh113.77 million) as part of its Series B funding round.

Stake said the funding round was oversubscribed with additional participation from Middle East Venture Partners (MEVP), STV NICE, Wa'ed Ventures and GFH Partners.

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With this round, Stake's total funding to date reaches $58 million (Dh213 million).

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“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 such strategic investments. We recognise the growing demand for accessible real estate investment opportunities, and Stake's platform provides a robust, compliant, and scalable solution that we are proud to support,” added Makin.

“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 has a community spanning over 2 million users from more than 211 nationalities and has enabled over 250,000 investments across 500-plus properties and four private real estate funds, paying out over Dh55 million in rental income and surpassing 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 our 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 it entered the Saudi market, Stake has closed three real estate funds, attracting 6,930 international investors and channeling more than SAR 416 million into the local real estate sector.

Stake is also advancing regulated tokenisation in collaboration with Property Finder and has already received the In-Principle Approval (IPA) from Dubai's Virtual Assets Regulatory Authority (Vara).