Stake currently manages over 200 properties with a customer base primarily from the UAE, Saudi Arabia, and Kuwait. The company has paid $4.5 million in rental income to customers and aims to provide returns of 4%-7% through rental income.
Organizations Involved
Mubadala Investment Company
Founders
Manar Mahmassani, Rami Tabbara, Ricardo Brizido
Company Description
Stake is a fractional property investment platform that allows investors to buy shares in managed properties, earning rental income and a share of profits upon sale. The company aims to simplify real estate investment for individuals by offering fractional ownership opportunities.
Market
Property Investment
Location
Dubai,
UAE
Coinvestors
Middle East Venture Partners, Aramco's Wa'ed Ventures, Republic