{"id":153394,"date":"2025-03-21T12:28:42","date_gmt":"2025-03-21T10:28:42","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153394"},"modified":"2025-03-21T12:28:42","modified_gmt":"2025-03-21T10:28:42","slug":"dubai-launches-blockchain-pilot-to-tokenize-real-estate-assets","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dubai-launches-blockchain-pilot-to-tokenize-real-estate-assets\/","title":{"rendered":"Dubai Launches Blockchain Pilot to Tokenize Real Estate Assets"},"content":{"rendered":"

The Dubai Land Department (DLD) has launched<\/a><\/strong> a pilot project aimed at transforming real estate assets into blockchain-based tokens.<\/p>\n

This initiative, developed in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), is designed to streamline property transactions by digitizing title deeds.<\/p>\n

This move positions the DLD as the first entity in the UAE to implement tokenization for real estate. The project is expected to drive significant growth in this new digital market, with projections estimating that tokenized real estate could reach a market value of $16 billion by 2033, or about 7% of the city\u2019s total property deals.<\/p>\n