How Real Estate Tokenization Works in Dubai
Real estate tokenization involves transforming the economic rights associated with a property into digital tokens that are recorded on a blockchain. Instead of a single buyer taking complete ownership, multiple investors can purchase a relatively small and verifiable portion of the asset via tokens. In a market like Dubai, which is a hotbed for global capital and familiar with advanced digital infrastructure, tokenization is moving from generally theoretical thinking to pilot projects. Regulatory bodies are also creating rules and sandboxes to scale the idea. Fractional ownership reduces barriers to entry, blockchain records allow for transparent and auditable ownership, and digital rails broaden access while simplifying compliance. New initiatives from the Dubai Land Department (DLD), rules being developed from the Virtual Assets Regulatory Authority (VARA), and tokenization-specific efforts by the Dubai International Financial Centre (DIFC) are establishing Dubai as a regional leader...