Dubai Launches Pilot Project for Real Estate Tokenization

The Dubai Land Department (DLD) has launched a pilot project for real estate tokenization, advancing the use of blockchain in property transactions. The Dubai government launched the pilot phase of the Real Estate Tokenization Project under the Real Estate Innovation Initiative (REES). The project is being carried out in partnership with the Dubai Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation (DFF) through Sandbox Dubai. According to a press release from the Dubai government, the DLD will be the first real estate registration authority in the Middle East to implement tokenization for property title deeds thanks to this The post Dubai Launches Pilot Project for Real Estate Tokenization first appeared on The Shib Daily source: https://news.shib.io/2025/03/21/dubai-launches-pilot-project-for-real-estate-tokenization/?utm_source=rss&utm_medium=rss&utm_campaign=dubai-launches-pilot-project-for-real-estate-tokenization