Stake gets investment boost from UAE property platform

ABU DHABI (ALETIHAD)

UAE-based property platform Property Finder has announced an investment in Stake, the region’s leading digital real estate investment platform that allows users to invest in fractional property ownership and private real estate funds starting from as little as Dh500.

The move reinforces Property Finder’s strategy of supporting technology-led innovation in the Middle East’s real estate sector. Michael Lahyani, Founder and CEO of Property Finder, said:“We’ve seen first-hand how Stake has grown from a promising start-up to a key leader in the region’s tech ecosystem. As a company that shares our values of trust, transparency, and innovation, we’re proud to support their continued growth through this investment.”

He added that the partnership reflected Property Finder’s belief in collaboration and innovation: “Investing in companies like Stake underscores our belief in the power of technology to expand opportunity and empower consumers across the property journey.”

Rami Tabbara, Co-Founder and Co-CEO of Stake, said the partnership marked a major endorsement of the company’s mission. “Having the region’s leading property platform believe in our mission and invest in our growth is a huge endorsement of what we’re building. This partnership creates a powerful alignment to accelerate the evolution of the ecosystem for investors, sellers and homeowners alike.”