Dubai is reshaping property investment with its latest blockchain breakthrough. Ctrl Alt has officially partnered with the Dubai Land Department (DLD) to launch a Real Estate Tokenization Project using the XRP Ledger. The initiative, in collaboration with VARA and the Dubai Future Foundation, allows for fractional ownership of real estate starting at just AED 2,000 via the PRYPCO Mint platform.
This move enables multiple investors to co-own properties securely while boosting transparency and efficiency through blockchain-based title deed registration. It’s a future-forward step that aligns with Dubai’s Real Estate Sector Strategy 2033, aiming to grow the market to AED 60 billion ($16B).
Conclusion:
Dubai’s blockchain-powered real estate model is opening doors for global micro-investors, setting a new benchmark for property innovation.
Takeaways:
Real estate tokenized on XRP Ledger.
Minimum investment: AED 2,000.
Projected AED 60B tokenized market by 2033.
Built with support from VARA and Dubai Future Foundation.
Source: Bitcoin.com
