Stake, a global digital real estate investment platform, has officially launched in Saudi Arabia, becoming the first platform regulated by the Capital Market Authority to enable international investors to access Saudi real estate. This marks a significant shift in the Kingdom’s investment landscape.
In collaboration with developer Al-Rajhi Seventh (RJ7), Stake’s inaugural fund includes an income-generating commercial building in North Riyadh. Partnering with Mulkia Investment Company, a Saudi asset management firm, Stake aims to offer Shariah-compliant private real estate funds tailored for the Saudi market. These funds, managed by Mulkia and distributed digitally via Stake, are designed to make real estate investing accessible, starting at just SR500 ($133). The partnership aligns with Vision 2030, targeting residential and commercial properties to support the Kingdom’s economic transformation.
With over 800,000 global users, Stake seeks to democratize real estate ownership, providing inclusive and borderless access to high-potential markets. Saudi Arabia’s projected 4.6% growth in 2025, one of the fastest among G20 economies, underpins Stake’s strategic entry into the market. Co-founder and co-CEO Manar Mahmassani highlighted the Kingdom’s alignment with Stake’s vision of redefining real estate investment, inviting investors worldwide to participate in its growth story.
Leading Stake’s Saudi operations is Hanouf bin Saeed, a seasoned financial expert. Her leadership aims to establish trust and innovation within the real estate investment ecosystem. Stake recently raised $14 million in Series A funding from prominent investors like Aramco’s Wa’ed Ventures and Mubadala Investment Company. The platform was also recognized as one of LinkedIn’s top startups in 2024 and featured in CB Insights’ Top 100 Global Fintech list.
