The Dubai-based fintech powerhouse, Stake, has successfully closed an AED 113.8 million Series B funding round, signaling a major shift in how the Middle East approaches property ownership. The capital raising led by Emirates NBD, with significant backing from Mubadala, marks a pivotal moment for the proptech sector.
Stake is a company that lets people buy shares of rental properties with investments of as little as AED 500. This makes it possible for the general public to earn rental income just like big banks.
The investment from Emirates NBD and Mubadala shows their confidence in this new venture. Currently, Stake has raised a total of $58 million, which will be used for further expansion in Saudi Arabia and the United States. The app has gained 2 million users since its launch in 2021, facilitating stock ownership in over 500 different properties.
"Our strategic investment in Stake represents a significant step in expanding our digital investment capabilities, directly aligning with our ambition to be a digital leader in the region," stated Neeraj Makin, Group Head of Strategy at Emirates NBD, as reported by Mubadala.
Stake manages operational complexities like maintenance and paperwork with the help of special legal structures to make sure every investor is a legal owner. This gives people the security of owning real estate without the stress of being a landlord.
New laws in 2026 make it easier for foreigners to own property in Saudi Arabia. Stake is the first regulated platform enabling global investors to enter this market easily. Rental returns in Saudi cities like Riyadh are now around 7%, which is much higher than in many Western cities.
Stake will allocate capital to expand its physical footprint in Riyadh and Jeddah. In early 2026, Saudi Arabia officially recognized digital fractional ownership as a legal way to invest. This means that people can now profit from the country’s ‘Vision 2030’ building projects.
According to Mubadala, Co-Founder Manar Mahmassani noted: "Saudi Arabia is a strategic growth market... this round allows us to deepen our investment in the Kingdom by expanding our local capabilities and scaling our offering."
This funding is the start of a new era for real estate in the Middle East. Stake is working with Property Finder and local regulators to make property shares easy to trade. With this app, you might be able to sell your share of a building with the liquidity of a public stock. By the end of 2026, real estate will no longer be a ‘locked’ investment but rather a digital asset that anyone can buy or sell using a few taps.