The Emirate recorded US$399 million in tokenised real estate transactions in May 2025, accounting for 17.4% of total property sales. This is as blockchain-based ownership gained traction.
Dubai’s embrace of blockchain-powered real estate signals a broader shift toward digital property investment, positioning the city as a global leader in tokenised assets.
Surging Tokenised Property Adoption
Dubai’s real estate market saw $18.2 billion in total sales across 18,700 transactions, reflecting a 44% year-on-year value increase. Tokenisation, which enables fractional ownership via the blockchain, drives accessibility for investors and reshapes property ownership models.
Regulatory Support and Market Expansion
The Dubai Land Department (DLD) has launched the Prypco Mint platform, allowing investors to buy fractional shares of properties starting at AED2,000 (US$540). Regulatory updates from Dubai’s Virtual Assets Regulatory Authority (VARA) further support real estate tokenisation, ensuring legal clarity and investor protections.
Future Growth and Market Impact
Dubai’s government projects that tokenised assets could represent 7% of the real estate market by 2033, equivalent to $16 billion. While tokenisation enhances liquidity, skeptics argue that high property prices remain a barrier, and fractional ownership redefines investment structures rather than lowering costs.