December 7, 2025 Dubai Sunny
This is an old news story that was quite sensational at the time in Dubai. Looking back, the habibs in Dubai are still keeping up with the times.
Led by the Dubai Land Department, in collaboration with the Virtual Assets Regulatory Authority (VARA), the Dubai Future Foundation, and the Central Bank of the UAE, the "Real Estate Tokenization Pilot Project" marks a key step for Dubai in exploring future real estate investment models.
As an important practice under the "Real Estate Evolution Space Initiative (REES)," this project has made the Dubai Land Department the first property registration agency in the Middle East to adopt blockchain technology for real estate tokenization. This move aims to lower investment thresholds and broaden market participation channels by promoting fragmented ownership models, thereby building a smarter and more inclusive real estate ecosystem.
#RWA赛道 A side question:
Is Dubai a country or a city?