Dubai is taking a leap into the future with a new agreement between the Dubai Land Department (DLD) and the Virtual Assets Regulatory Authority (VARA) to integrate digital assets into the real estate sector.

- This partnership aims to enhance market liquidity and property management efficiency by linking Dubai's real estate registry with property tokenization.

- The initiative supports Dubai's economic strategy to double its GDP over the next decade.

- Following a successful pilot phase, Dubai is set to tokenize real estate assets, attracting global investors and driving growth in the sector.

Experts see this as a blueprint for Real Estate 2.0.