PropertyFinder invests in Stake to boost MENA Real Estate Tech Ecosystem

Facebook
Twitter
LinkedIn
The investment demonstrates Property Finder’s belief in Stake and its vision. Image Courtesy: Property Finder
The investment demonstrates Property Finder’s belief in Stake and its vision. Image Courtesy: Property Finder

Property Finder, the MENA region’s largest property platform, has announced its investment in Stake, reinforcing its commitment to supporting the growth of innovative technology companies that are transforming the region’s real estate sector.

Industry sources added that Stake, one of the Middle East’s fastest-growing digital real estate investment platforms, enables users to invest in fractional property ownership and private real estate funds starting from as little as AED 500. The company, which won the Proptech of the Year award at the 2024 Property Finder Awards, has quickly become a standout example of how technology can make property investment more accessible, transparent, and liquid. The investment demonstrates Property Finder’s belief in Stake and its vision to reshape how the next generation engages with real estate as an asset class.

Logos from Respective websites. Image Courtesy: Property Finder and Stake Websites
Logos from Respective websites. Image Courtesy: Property Finder and Stake Websites

This latest investment reflects Property Finder’s broader ambition to nurture the MENA tech ecosystem by backing high-growth innovators that align with its vision of building a more transparent, efficient, and data-driven real estate market.

“We’ve seen first-hand how Stake has grown from a promising start-up to a key leader in the region’s tech ecosystem,” said Michael Lahyani, Founder & CEO at Property Finder. “As a company that shares our values of trust, transparency, and innovation, we’re proud to support their continued growth through this investment.”

“We believe that the future of real estate in this region will be shaped by collaboration and innovation,” added Michael. “Investing in companies like Stake underscores our belief in the power of technology to expand opportunity and empower consumers across the property journey.”

“We are thrilled to welcome Property Finder as a shareholder and investor,” said Rami Tabbara, Co-Founder and Co-CEO of Stake. “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. Property Finder has always championed innovation and consumer empowerment in real estate, and this partnership creates a powerful alignment to accelerate the evolution of the ecosystem for investors, sellers and homeowners alike.’

According to Industry sources, Property Finder continues to explore opportunities to invest in and collaborate with regional start-ups that will fundamentally redefine the way people live, search, and invest in property across the Middle East and North Africa.

Source

Share.

RELATED POSTS

Dubai Holding’s total shareholding in Emaar Properties has increased to 29.73%, positioning it as the company’s largest shareholder. Image Courtesy: Dubai Holding
Dubai Holding acquires 22.27% equity in Emaar Properties
The agreement with Sky Contracting specifically focuses on completing the remaining structural phases of the project. Image Courtesy: Palmier Developments
Palmier Developments partners with Sky Contracting to boost Zayard Elite
PureHealth has announced a proposal for its first-ever dividend distribution since listing on the Abu Dhabi Securities Exchange (ADX) in December 2023. Image courtesy: PureHealth
PureHealth Announces AED 343mn Proposal with 20% Net Profit for 2024 FY

LATEST POSTS

Abu Dhabi Fund for Development (ADFD) continues to closely monitor implementation progress and achievements across its key development projects in the African continent, underscoring its commitment to ensuring continuity of implementation in line with approved framework, while advancing development efforts that strengthen infrastructure and enhance quality of life in partner countries. Image courtesy: ADFD
E-Invoice bill mangement (Image Courtesy. rawpixel.com on Magnific)
Bab Al Qasr Residence 31 progressed 4.32% above expectations. Image Courtesy: Burtville Developments
Abdulwahed AlJanahi, Chief Executive of BENEFIT. Image Courtesy BENEFIT