Dubai Land Department announced the inclusion of the 'Stake' real estate investment platform into the Real Estate Evolution Space Initiative (REES). This step aims to expand property accessibility and ownership opportunities for everyone while also increasing community awareness about the importance of collective investment in the sector.

As a local company launched in Dubai and expanding globally, ‘Stake’ provides a fully comprehensive digital experience. This contributes to digitising buying and selling procedures, thereby leading the global digital transformation process and democratising real estate, making such investment accessible to everyone.

HE Eng. Marwan bin Ghalita, Acting Director General of the Dubai Land Department, said,"In our relentless pursuit to encourage and stimulate investment in the sector, we consistently embrace modern digital technologies, believing that digitisation is now a fundamental pillar of real estate growth in Dubai. "

Established in 2021 during the COVID-19 pandemic, the ‘Stake’ platform aims to bring about change that aligns with that period by offering the best real estate opportunities with the highest investment potential. Through the use of the app, anyone can create a global real estate portfolio within minutes and start generating lifelong income to achieve their ambitious goals. The platform enables investment in real estate with a minimum stake of only AED 500, while managing all investor transactions from investment to exit, distributing monthly rental income and capital appreciation returns directly into the investor's ‘Stake’ investment wallet.

As part of this partnership, the 'Stake' platform will conduct a masterclass workshop for Emirati titled ‘Invest for Tomorrow’, on Wednesday, July 3, 2024. The goal is to equip participants with fundamental skills in financial management and intelligent investing. 

Dubai Land Department launched the Real Estate Evolution Space Initiative - ‘REES’, in support of Dubai's Economic Agenda D33 and its ambitious to make Dubai a major innovation hub. It is considered the most significant in the region in the field of real estate innovation. It is designed to support and attract companies specialising in real estate technology from Dubai, while also highlighting the most prominent PropTech solutions that align with both the local and global markets.