Great news for the crypto world and the real estate sector! 🚀
Dubai is at the forefront of innovation. The Dubai Land Department (DLD) has launched the first government project for the tokenization of property deeds in the Middle East, using the XRP Ledger!
This initiative, developed in collaboration with Ctrl Alt, allows for fractional ownership of real estate. This means that investing in properties in Dubai is now globally accessible, starting from just AED 2,000 (approximately $544 USD)!
Transparency and speed are key, thanks to blockchain technology. The value of tokenized property is projected to reach AED 60 billion (about $16 billion USD) by the year 2033, which would represent 7% of total real estate transactions.
This exciting news was updated on May 26, 2025. Dubai continues to establish itself as a hub of digital innovation, driving the future of real estate investment with the security and efficiency of blockchain.
A giant step towards a more liquid and accessible real estate market.
#DubaiCrypto #Xrp🔥🔥 #tokenizacionDeActivos