DFSA-regulated crowd investment platform Stake rolled out in DIFC

By Rahul Vaimal, Associate Editor
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The UAE-based digital crowd investment platform Stake has started its operations in DIFC’s FinTech Hive, in an aim to offer a simple and affordable way for users to invest in income-generating properties.

The social-investment platform Stake, regulated by the Dubai Financial Services Authority (DFSA) provides the users with an opportunity to acquire shares in pre-vetted residential properties, starting from as low as $544. The investors are then issued shares in a DIFC company corresponding to their ownership in the property and given their rental income in the form of quarterly dividend distributions.

The platform’s focus is to become a preferred choice for local, regional and international investors planning to enter into Dubai’s real estate market and it target prime locations where the rental demand is high and the long-term fundamentals will drive capital appreciation.

“The current model of real estate investment is no longer fit for its purpose. As an experienced investor in prime real estate focused on delivering sustainable and reliable yields and backed by robust investment processes, technology and expertise, Stake is providing investors with a credible, trusted and simple alternative,” says Rami Tabbara, co-founder at Stake, and former senior vice president of sales at DAMAC.

Manar Mahmassani
Manar Mahmassani
Co-Founder – Stake

“We are extremely selective with the investments we choose to present on our platform, and only offer prime assets which have the potential to deliver attractive returns on both rental yields and eventual capital appreciation. We also manage the whole process end to end, from acquisition, company incorporation, dividends and exit. Investors just sit back and collect their income and watch their portfolio grow.”

Despite the pandemic-driven economic crisis, the third-quarter figures from the Dubai Land Department (DLD) shows that more than 2,297 apartments and 438 villas were transacted in the emirate’s residential market, posting a 24 percent increment in the overall number of units sold quarter-on-quarter.