This groundbreaking move allows individual investors to buy tokenized shares in Dubai properties starting at just 2,000 AED ($545).
It’s a major milestone, blending blockchain tech with real estate access like never before.
The project is backed by major players, including the Dubai Land Department, the Central Bank of the UAE, and the Dubai Future Foundation. It’s being piloted on the new Prypco Mint platform, with Zand Digital Bank managing transactions. Notably, the pilot will only use dirham — no crypto, yet.
This initiative follows Dubai’s Virtual Assets Regulatory Authority (VARA) updating its rules in May. These updates now support trading real-world asset (RWA) tokens, such as tokenized real estate, on secondary markets. The regulatory green light ensures that Dubai stays ahead in global blockchain adoption, especially in the property sector.
Dubai real estate tokenization gets official green light
The system connects Dubai’s property registry directly with blockchain tokens. This creates more liquidity in a traditionally illiquid market. The ease of fractional ownership through tokenization opens the door for more retail investors. The UAE’s ambition is clear — it wants to become a world leader in both crypto innovation and real estate accessibility.
Initially, only UAE ID holders can participate, but there are already plans for global expansion. That’s a bold signal of where Dubai sees the future of property investments headed — fully digital, highly accessible, and internationally scalable.
The success of this pilot could serve as a blueprint for other nations. Dubai’s decision to tokenize property could set a regional trend, transforming how people view property ownership across the Middle East.
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Dubai real estate tokenization reflects a broader trend in RWA markets. Custom Market Insights forecasts this market to hit $19.4 billion by 2033. That’s not just hype — it’s a sign of where the smart money is going.
Tokenized real estate also solves long-standing problems. It increases liquidity, reduces entry barriers, and allows for transparent digital ownership. Companies like RealT and Metlabs have already entered the space, though regulation has slowed growth elsewhere. Dubai may have found the formula to move faster and smarter.
With strategic partnerships and regulatory foresight, Dubai is leading the charge. Expect to see tokenized residential, commercial, and industrial properties on global platforms soon.