From Cointelegraph

May 26, 2025 5:43:00 pm:

Dubai launches MENA’s first licensed tokenized real estate project, partnering with DLD, the UAE Central Bank, and Dubai Future Foundation. Tokens will be tradeable on Prypco Mint platform, with Zand Digital Bank as the project’s bank. Pilot phase allows investors to buy tokenized shares in Dubai properties starting at $545. VARA updated rules to include RWA tokenization. The project aims to attract global investors and enhance liquidity in Dubai’s real estate market. Real estate tokenization market expected to reach $19.4 billion by 2033, growing at a compound annual rate of 21%. Companies like RealT and Metlabs specialize in real estate tokenization.

Read more at Cointelegraph: Dubai launches first licensed tokenized real estate project in MENA region