Dubai Just Tokenized Real Estate — And It’s Not Just Hype
Dubai isn’t waiting around for the future — it’s building it. The Dubai Land Department has officially launched a real estate tokenization platform in partnership with Ctrl Alt, turning property titles into blockchain-based digital assets on the$XRP Ledger. Minimum entry? 2,000 dirhams (~$545). No middlemen, no fluff — just real estate on-chain.
What’s wild is that this isn’t a startup move — it’s backed by the Dubai Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation. Ctrl Alt, the tech partner, already has $295 million in tokenized assets under its belt and holds government-issued licenses to run this show.
This isn’t just about digital ownership. It’s part of Dubai’s bigger play — the Real Estate 2033 Strategy — aiming for 60 billion dirhams worth of tokenized real estate by the end of the decade. For the first time, real estate in the Middle East is truly borderless, fractional, and accessible.
This isn’t hype. It’s execution.
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