Stake Raises $31mn Series B Led by Emirates NBD to Expand Cross-Border Real Estate Platform

Dubai-based digital real estate investment platform Stake has closed a $31 million oversubscribed Series B funding round, led by Emirates NBD, as it accelerates its expansion in Saudi Arabia and further enters international markets.

The round also drew participation from Mubadala Investment Company’s MENA Venture Capital Fund, Middle East Venture Partners (MEVP), Property Finder, STV NICE, Wa’ed Ventures, GFH Partners and Ellington Properties. With the latest raise, Stake’s total funding now stands at $58 million.

The investment marks a significant step for the fintech platform, which positions itself as regulated infrastructure connecting global investors to real estate markets across borders.

Neeraj Makin, Group Head of Strategy, Analytics and Venture Capital at Emirates NBD, said the bank sees an opportunity to modernise how investors access property as an asset class.

“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,” he said. “Stake's technology and regulatory infrastructure are built to streamline these processes and make sophisticated real estate investment more approachable. Our strategic investment in Stake represents a significant step in expanding our digital investment capabilities.”

Saudi Arabia as Strategic Growth Market

Stake has identified Saudi Arabia as its most immediate growth opportunity. In the fourth quarter of 2024, the company became the first platform regulated by the Capital Market Authority (CMA) to open the Kingdom’s property market to global investors.

Since then, Stake says it has closed three real estate funds in Saudi Arabia, attracting 6,930 international investors and deploying more than SAR 416 million into the local real estate sector.

Manar Mahmassani, Co-Founder and Co-CEO of Stake, said the funding would allow the company to deepen its local presence.

“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 said.

Saudi Arabia’s property market has seen increased foreign capital inflows as regulatory reforms and Vision 2030 initiatives aim to broaden private investment participation.

Expanding Beyond the GCC

While the GCC remains central, Stake is pursuing international diversification. In October 2025, the company expanded into the US industrial real estate market, targeting what it describes as one of the most resilient global asset classes.

The move reflects growing demand from regional investors seeking exposure to income-generating US properties, while also testing the scalability of Stake’s cross-border model.

In parallel, the company has broadened its product suite. It launched StakeOne in October 2025, a product designed to digitise access to full property ownership and after-sales asset management. The offering includes access to Dubai-based developments from major property developers, alongside simplified ownership structures.

Rami Tabbara, Co-Founder and Co-CEO of Stake, framed the Series B as validation of the company’s long-term mission.

“This round is more than capital. It is validation of a mission we have poured our lives into,” he said. “Together, we are building the infrastructure for a new era of real estate ownership, one where borders do not limit opportunity.”

Tokenisation and Regulatory Alignment

As part of its longer-term roadmap, Stake is also advancing regulated tokenisation of real estate assets in collaboration with Property Finder. The company has received In-Principle Approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to explore fractional, tradeable ownership structures.

The initiative aims to improve liquidity and transparency in real estate investment, an asset class traditionally characterised by high capital thresholds and limited secondary market flexibility.

“At Mubadala, through our MENA Venture Capital Fund, we are committed to advancing economic growth and diversification by supporting innovative, high-potential platforms,” said Ali Eid AlMheiri, Executive Director at Mubadala Investment Company. “Our investment in Stake reflects this commitment.”

Joseph Thomas, Co-Founder of Ellington Properties, added: “Stake is redefining how investors participate in real estate ownership through a regulated, technology-led model that aligns with the evolving expectations of a global audience.”

Growth Momentum

Stake reports strong operational growth, with gross merchandise value (GMV) compounding at more than 130% annually and revenue growing at over 100% CAGR over the past three years. The platform now serves more than 2 million users from 211 nationalities across 181 countries.

The Series B comes as real estate platforms globally compete to digitise an asset class historically defined by illiquidity and geographic barriers.

For Emirates NBD and its co-investors, the bet is that regulated fintech infrastructure — rather than speculative property exposure — will define the next phase of real estate participation in the region.

For Stake, the question now is execution: whether cross-border scale, regulatory alignment and sustained investor demand can turn strong growth into durable market leadership.