๐ฆ๐ช ๐๐๐ฏ๐ฎ๐ถ ๐ฆ๐๐ฎ๐ฟ๐๐ ๐ฅ๐ฒ๐ฎ๐น ๐๐๐๐ฎ๐๐ฒ ๐ง๐ผ๐ธ๐ฒ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ฃ๐ถ๐น๐ผ๐, ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐๐ $๐ญ๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฎ๐ฌ๐ฏ๐ฏ
โก๏ธ Dubai Land Department (DLD) began a pilot for real estate tokenization, using blockchain technology for property title deeds
โก๏ธ The Virtual Assets Regulatory Authority also contributed to develop the initiative
โก๏ธ Tokenized real estate could account for 7% of the city's total property transactions, worth some 60 billion dirhams ($16 billion) by 2033, DLD projected
