Dubai Land Department Launches Middle East’s First Real Estate Tokenization Project
New Initiative Aims to Boost Virtual Asset Investments and Drive AED 60 Billion Market by 2033 Dubai has taken a groundbreaking step in real estate innovation with the launch of the Real Estate Tokenization Project by the Dubai Land Department (DLD). The initiative, now in its pilot phase, is set to revolutionize property transactions by integrating blockchain technology, reinforcing Dubai’s position as a global hub for virtual assets and propelling the emirate toward its Real Estate Sector Strategy 2033 goals. A Vision for the Future of Property Investment The DLD forecasts that real estate tokenization will contribute AED 60 billion … Continue reading Dubai Land Department Launches Middle East’s First Real Estate Tokenization Project
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