Gulf’s Third Biggest Bank led a $31 million funding round for Stake, a Dubai-based fractional property investment platform. This second fund-raising will expand Stake's operations in Saudi Arabia and the United Arab Emirates while enhancing technology supporting these markets.

The investment signals growing institutional interest in fractional ownership models for real estate, particularly in Gulf Cooperation Council nations where property markets remain underdeveloped compared to regional peers. Stake plans to use the capital to scale its platform, targeting both retail and institutional investors seeking diversified exposure to high-value properties without full ownership costs. The move comes amid rising demand for alternative investment vehicles in the Gulf region, though regulatory frameworks for fractional ownership remain evolving.