arabianbusiness
Investing in luxurious properties can now be done with just AED 500 ($136) thanks to Stake Real Estate Investment Platform getting into the Real Estate Evolution Space Initiative known as REES in the Dubai Land Department.
By using the REES strategy, Dubai is intended to become a world hub for real estate technology and artificial intelligence to increase equity access and investment, including prop > To increase the awareness of the collective investment within the community.
Eng. Marwan bin Ghalita, Acting Director General of the Dubai Land Department, expressed excitement about the partnership: “This reaffirms our efforts in Dubai to foster the infrastructure needed for PropTech advancement and realize the potential of newly established PropTech firms ‘Digitisation lies at the heart of enhancing the real estate sector’s opportunities for growth in Dubai,’ said the visionary leadership that have endeavored to position Dubai as a global example for digital transformation. ”
Rami Tabbara, Co-Founder and Co-CEO of Stake, shared the platform’s mission: “We are delighted to be joining with the Dubai Land Department to bring transformational change to the real estate arena,” added Uzoma Uja, Bitstocks’ co-founder and CEO. “Our vision at Bitstocks is to make real estate global, accessible, and tradable for everyone: in Dubai or anywhere else in the world. ”
Stake was launched in 2021 as an app that lets everyone invest in global real estate Properties in MINUTES and start receiving Lifelong Income. The platform handles all the investors’ transactions in falling to get monthly rental income and capital appreciation returns directly in their Stake investment wallet.
As part of aiding Dubai’s Economic Agenda D33, the Stake platform will pioneer the “Invest for Tomorrow” masterclass workshop for the natives on 3rd July, 2024. The objectives of the workshop are to educate participants on ability of effective financial management and efficient investment skills which are; financial management skills, basic financial management plan, smart investment techniques, ways to produce passive income and planning for secure financial future.
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