The price of shares is determined by three factors:

Current valuation:

All properties on Stake will have their third-party valuation report updated on a semi annual basis and made available to investors on the platform. These valuations take place before each exit window (May and November), with reports being made available before the exit window goes live.

Fixed costs:

These costs are incurred in order to complete the initial property purchase. These include expenses such as DLD transfer fees, DIFC licensing fees, and KYC. These costs are charged to investors that purchase the property on the primary market and are not transferred when listing on the secondary market to the new buyers.

Amortisable costs:

When you invest in a property, there are additional costs included, like transaction fees, broker fees, and funds set aside for things that improve the property over time (such as refurbishing, furnishing, and service charges). These costs are "amortised," which means we spread them out over time rather than applying them all at once to the value of the stake.

You can learn about how these work here.

Your share price will be determined through the following formula:

Current valuation - Fixed Costs - Amortised costs