Dubai Launches Live Trading for Tokenized Real Estate

Dubai Land Department has officially moved its real estate tokenization initiative into a live operational phase, activating a regulated secondary market for property-backed digital tokens.

The launch of Phase II, developed in partnership with infrastructure provider Ctrl Alt, marks a shift from pilot testing to active trading.

For the first time, investors can resell fractional ownership stakes in tokenized Dubai properties. The move is designed to address one of real estate’s longest-standing challenges – illiquidity – by allowing participants to exit positions without waiting for a full property sale.

What Phase II Unlocks

Approximately 7.8 million real estate tokens are now enabled for secondary trading. These tokens collectively represent around AED 7.8 billion (roughly $2.12 billion) in underlying property value.

Entry into the market remains accessible, with minimum investments starting at AED 2,000, allowing retail investors to purchase fractional stakes in high-value real estate assets. However, participation at this stage is restricted to UAE Emirates ID holders to ensure regulatory alignment and controlled rollout conditions.

Blockchain Infrastructure and Legal Backing

The tokenization framework is built on the XRP Ledger, selected for its transaction speed and cost efficiency. Digital title deeds are minted and managed directly on-chain, while remaining legally synchronized with Dubai’s traditional property registry.

Trading and issuance are handled through licensed platforms including PRYPCO Mint and Ctrl Alt, both regulated by Dubai’s Virtual Assets Regulatory Authority (VARA). Crucially, blockchain-based ownership records are integrated with the Dubai Land Department’s official title deed system, ensuring each token is backed by legally recognized property rights.

This integration bridges conventional land registry processes with distributed ledger technology, positioning Dubai as one of the first jurisdictions to implement state-backed, legally enforceable tokenized real estate at scale.

Long-Term Strategy and Market Goals

The initiative forms part of Dubai’s broader Real Estate Sector Strategy 2033. Authorities aim for tokenized assets to account for 7% of the emirate’s property market by 2033 – an estimated $16 billion in tokenized real estate value.

By enabling secondary market liquidity, regulators hope to make property investment more flexible, lower capital barriers for participation, and attract a new class of digitally native investors.

While access is currently limited to domestic participants, officials have signaled that future phases may open the platform to international investors once sufficient operational data and stability metrics are established.

Dubai’s latest move underscores a growing institutional trend toward regulated asset tokenization, where traditional financial infrastructure is increasingly being combined with blockchain-based settlement systems.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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