UAE based Stake for real estate investment receives in principle approval from Dubai’s VARA
UAE based Stake, a digital real estate investment platform, that offers fractional investment, investment in real estate funds, and more has received an in-principle approval from Dubai’s Virtual Asset Regulatory Authority, under the name Stake RWA, aiming for a crypto broker dealer license.
Prior to this Stake received an Islamic Window license from DFSA in DIFC, and are also permitted to offer Shariah compliant Islamic Financial Business.
With Stake, you can start building a global real estate portfolio in minutes, and start generating lifetime passive income to support the life you deserve.
According to their website, Stake aims to develop a world where real estate is freely accessible, borderless and liquid. It has already funded $381 million worth of properties and in 2025, it raises $14 million in a Series A funding round as part of their expansion into Saudi Arabia. The raises was led by Middle East Venture Partners, with participation from Aramco’s Wa’ed Ventures, Mubadala, and Republic. In 2022, Stake closed its pre-series A round at $8 million, backed by MEVP and BY Ventures, with participation from returning investors Vivium Holding and Combined Growth Real Estate.
Stake launched in Saudi Arabia and gained access to SNB Capital’s institutional grade investment expertise, allowing them to bring fractional real estate, private real estate funds, and full property ownership to their customers.
We launched in Saudi less than 12 months ago. Already, we’ve delivered three real estate funds and opened the Kingdom’s real estate market to global investors.
With a goal of making Stake the go to platform for real estate investing, it has now entered the tokenization phase. Ricardo Brizido, our Co-Founder and CPTO, discussed their tokenization during the Stake Summit in Dubai, noting that traditionally, real estate investors faced three major blockers that included high minimum investments, lack of liquidity, and complex ownership structures. He stated, “Tokenization solves all three.”
Stake through tokenization will enable users to invest with smaller amounts, own verifiable digital assets on the blockchain and eventually trade their shared through an internal marketplace, while maintaining the same level of security trusted by global banks.
He explained “Every token comes with official ownership documents issued by the Dubai Land Department. Every transaction is recorded on the blockchain. And we’re operating under VARA regulation to ensure the highest standards of compliance and investor protection. The tokenization pilot launches first for UAE-based users. Then we scale globally.”
So it would seem that their application for crypto broker license is a step towards developing the real estate tokenized assets marketplace.
UAE based PRYPCO previously launched its tokenization platform
PRYPCO, the UAE-based PropTech and real estate tokenization platform, licensed in the UAE by Dubai’s Virtual Asset Regulatory Authority expanded its operations to Georgia. Prypco recently signed a Memorandum of Understanding (MoU) with the country of Georgia and specifically the Ministry of Justice to develop the real estate tokenization framework in the country.
