The UAE sees the Launch of Stake: A Crowd Investment Platform
The platform shall allow people to make investments as small as 2,000 Dirhams in real estate.
The DIFC’s FinTech Hive has recently seen the launch of Stake that provides people with an affordable and simple way to make investments in properties that are already generating income.
Stake, regulated by (DFSA), is a social investment platform. Users can purchase stakes in residential properties (pre-vetted) for values as little as 2,000 Dirhams. Users who invest in properties are given shares in DIFC companies against their percentage of ownership. Users then get their portion of rental yields through quarterly dividend distributions.
The platform focuses on assets that are situated in prime areas with high rent rates. It also makes sure that these assets have good chances of capital appreciation in the long run.
Stake has mentioned that the real estate sector in the UAE is ready for change. According to them, the current trend being followed in real estate investment isn’t satisfactory since it doesn’t let younger people invest and often fails to deliver satisfactory returns.
Stake leverages its experience in real estate investment, technological backing, and its reliable investment processes to provide its users with a trustworthy, credible, and straightforward alternative to real estate investments. Stake’s goal is to offer a solution that shall have investment options that are accessible by all kinds of investors.
Investment options listed on the platform are chosen with extreme care. Only prime assets with high chances of delivering handsome returns on capital appreciation and rental yields are selected.
The entire process is managed by the platform. Investors simply have to relax and enjoy their income as their portfolio grows. Everything else, such as dividends, acquisition, incorporation, exit, etc., is taken care of by Stake.
Q3 figures released by the Dubai Land Department show that around 438 villas and 2,297 apartments were sold during 2020’s Q3 in the UAE. This indicates a 24% increase in the number of sold units.
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