Real-World Asset News: Dubai Starts Real Estate Tokenization Pilot, Forecasts $16B Market by 2033

Real-World Asset News: Dubai Starts Real Estate Tokenization Pilot, Forecasts $16B Market by 2033

The Dubai Land Department (DLD), a government agency for the real estate industry, said it started a real estate tokenization pilot program, claiming to be the first property registration authority in the Middle East to use blockchain technology for property title deeds. The initiative was developed with the digital assets watchdog Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF). The project aligns with Dubai’s 2033 …

Dubai Land Department Launches Real Estate Tokenisation Pilot - Fintechnews Middle East

Dubai Land Department (DLD) has launched the pilot phase of the ‘Real Estate Tokenisation Project’ under its Real Estate Innovation Initiative (REES). This makes DLD the first real estate registration entity in the Middle East to implement tokenisation on property title deeds. The project is being developed in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF) through Sandbox Dubai. DLD esti…

Dubai Integrates Blockchain With Property Market, Uses Fractional hares to Optimise Sales

Dubai is revolutionizing its real estate sector. The Dubai Land Department (DLD) is organizing a tokenization program for property for the first time in the Middle East and integrating blockchain technology with traditional property deeds. The DLD has started a pilot program to test out the project and aims to advance technological improvements in the Middle East to embrace blockchain innovation. The DLD has started a project to modernize its re…

VanEck Invests in DeFi Real Estate Platform Manifest

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Mallika Mitra Thu, Mar 20, 2025, 3:15 PM 2 min read In This Article: real estate tokenization In a statement posted to social media platform X, General Partner at VanEck Ventures Wyatt Lonergan and Partner Juan Lopez announced the firm’s investment in Manifest,...

Dubai Launches Pilot Programme to Explore Real Estate Tokenisation

The Dubai Land Department (DLD) is exploring real estate tokenisation to simplify property-related transactions. The government-backed agency has launched the pilot phase of its “Real Estate Tokenisation Project”, that aims for collaboration between global Web3 firms and Dubai's real estate community. DLD estimates that by 2033, the valuation of tokenised properties could touch AED 60 billion (roughly Rs. 1,40,981 crore), making for seven percen…

Dubai revolutionizes the real estate market with blockchain-based RWA tokenization and opens up a market opportunity of 16 billion dollars. The Dubai Land Department (DLD) is testing a program for digitizing real estate accounts on the blockchain. This will make real estate investment more accessible, transparent and efficient.This initiative is in line with Dubai's real estate vision 2033, strengthens Dubai's position as a global technology cen…