Dubai’s tokenized real estate sales are reaching $399 million in May 2025, comprising 17.4% of all property deals, a leap driven by blockchain innovations like the $3 billion RWA deal between MultiBank Group, MAG, and Mavryk, formalized on May 1, 2025, amid updated Virtual Asset Regulatory Authority guidelines.
This shift aligns with global trends, as a 2024 Emerald Insight study on real estate tokenization notes a 147% property price rise in Dubai over five years and projects tokenized assets could hit 7% of the market by 2033, fueled by blockchain’s ability to fractionalize ownership and enhance liquidity.
Unlike the U.S., where SEC restrictions limit tokenized asset access to accredited investors due to unclear regulations (per a 2024 Fenwick analysis), Dubai’s proactive regulatory framework, including the May 25, 2025, Dubai Land Department pilot with Prypco and Ctrl Alt Solutions, positions it as a leader in this emerging market.
