The Dubai Land Department (DLD) has announced a significant milestone in its Real Estate Tokenisation Project, transitioning from its pilot phase to an advanced operational stage. This groundbreaking initiative aims to enhance market readiness for technology-driven real estate transactions.
The project aligns with the Dubai Real Estate Sector Strategy 2033, focusing on strengthening market balance, improving transparency, and enabling technological innovation. It also supports the broader UAE Vision 2071 objectives of consolidating global leadership and building a sustainable future economy.
Key highlights of the initiative include:
- First regional real estate registration authority to adopt this tokenisation model
- Resale of around 7.8 million real estate tokens
- Controlled pilot framework to assess market efficiency
- Gradual rollout to ensure investor protection and transaction integrity
The project was initially launched in March under the ‘REES Real Estate Innovation Initiative’ in partnership with the Virtual Assets Regulatory Authority (VARA) and other strategic partners. It represents a significant step in Dubai’s technological transformation of real estate investment.
By enabling a secondary market for tokenised properties, DLD aims to provide more flexible and accessible investment opportunities while maintaining robust regulatory oversight.
Learn more about Dubai’s innovative real estate tokenisation project and its potential to reshape investment strategies.
