Dubai has entered a new era of real estate investment with the launch of its "Real Estate Tokenisation Project" pilot phase. The first tokenised property saw overwhelming demand, proving the market's appetite for affordable, blockchain-based property ownership. Now, UAE residents can invest in Dubai’s booming real estate market with just AED 2,000 through Prypco Mint, a...
MAG, a top-tier real estate developer from the UAE, has just shaken the global real estate and crypto worlds by announcing a $3 billion tokenization deal. Yeah, you read that right—three. billion. dollars. That’s not just a big number; it’s the largest real-world asset (RWA) tokenization deal in history. Who Are the Big Players? This deal isn’t a solo performance. It’s a power...
Dubai has taken a bold step towards transforming its real estate market with the launch of the ‘Real Estate Tokenisation Project’ by the Dubai Land Department (DLD). This innovative initiative introduces blockchain technology to tokenise property title deeds, enabling fractional ownership and opening up new investment opportunities. By allowing multiple investors to co-own a single...