Dubai-Based Startup Stake Revolutionizes Real Estate Investing for Retail Investors
Introducing Stake: A Game-Changer in the World of Real Estate Investing
Stake, a Dubai-based startup founded in 2020 by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido, is making waves in the real estate investing space. The platform offers retail investors from across the globe the opportunity to buy fractions of rental property in UAE’s marquee city and earn regular income. With a unique business model that bypasses traditional brokerage fees, Stake has attracted over 80 countries’ worth of investing users on its platform.
A Brief History of Stake
Founded in 2020, Stake has come a long way since its inception. The company raised $4 million in a seed round last year and has now secured an additional $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings. This funding will be used to expand the platform’s portfolio and launch operations in Saudi Arabia and Egypt.
A Statement from Manar Mahmassani
"We are thrilled to have raised this significant amount of capital," said Manar Mahmassani in a written statement. "This round is a testament to what we are building at Stake and our mission to bring access and liquidity to the oldest, largest, and most sought-after asset class in the world. The proceeds will allow us to expand into Saudi Arabia and Egypt, continue attracting the best talent to the team, and cement Stake’s position as the category leader in the MENA region."
The Problem with Traditional Real Estate Investing
Rami Tabbara, Co-Founder of Stake, explained that he drew from his 15 years of experience in the real estate business when creating the platform. "I realized that many people want to invest in the MENA region but can’t afford to put in large chunks of money without paying huge commissions to brokers and developers," he said. "We wanted to accelerate the process of investing in real estate for retail investors."
How Stake Works
Stake’s innovative platform allows users to buy fractions of rental properties, providing a more accessible way for retail investors to enter the market. By cutting out traditional brokerage fees, Stake enables investors to earn higher returns on their investments.
The Benefits of Investing with Stake
Investing in real estate through Stake offers several benefits, including:
- Higher returns: By eliminating traditional brokerage fees, Stake provides investors with more money to invest and potentially higher returns.
- Accessibility: The platform’s user-friendly interface makes it easy for retail investors to navigate and invest in the world of real estate.
- Diversification: Stake allows users to spread their investments across various properties, reducing risk and increasing potential returns.
Competition in the Market
Stake faces competition from other real estate investing platforms, including SmartCrowd and EstateHive. However, with its unique business model and focus on accessibility, Stake is poised to become a leading player in the market.
Conclusion
Stake’s innovative approach to real estate investing has captured the attention of investors around the world. With its user-friendly interface, high returns, and accessibility, the platform is set to revolutionize the way people invest in real estate. As the company continues to expand into new markets and grow its portfolio, it will be interesting to see how Stake evolves and adapts to meet the changing needs of its users.
Additional Resources
For more information on Stake and its innovative approach to real estate investing, check out these additional resources:
By staying informed about the latest developments in the world of real estate investing, investors can make more informed decisions and achieve their financial goals.