Dubai Launches Innovative Real Estate Tokenization Platform
May 26, 2025 - 19:43
In a groundbreaking move for the real estate market, the Dubai Land Department has introduced a new platform that allows investors to acquire fractional ownership in properties throughout the city. This innovative approach leverages blockchain technology, specifically utilizing the XRP Ledger network to tokenize title deeds.
The platform aims to democratize property investment, making it more accessible to a broader range of investors who may not have the means to purchase whole properties. By tokenizing real estate assets, investors can buy and sell fractional shares, thus lowering the barriers to entry in the lucrative Dubai property market.
This initiative is expected to enhance transparency and efficiency in real estate transactions, as blockchain technology provides a secure and immutable record of ownership. With Dubai positioning itself as a hub for technological advancements, this new platform could set a precedent for other global markets looking to embrace tokenization in real estate.
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