Dubai’s Tokenized Real Estate Attracts Over 68% First-Time Investors
Dubai's real estate tokenization initiative is reshaping property investment, with 68% of participants being first-time buyers. The model's success lies in its ability to democratize access, offering fractional ownership at an average investment of $2,432 across 1,025 global investors from 69 countries.
Five luxury tokenized properties have sold rapidly, including two recent offerings funded by 462 investors. This surge aligns with Dubai's 60% price appreciation since 2022, though Fitch anticipates a 15% correction as supply doubles to 210,000 units by 2026.
The emirate continues leading MENA's digital economy push, with blockchain integration spanning VIRTUAL asset regulations to stablecoins. 'Today's success proves tokenization isn't speculative - it's institutional-grade adoption,' remarked Mohammed AlBurai on LinkedIn, highlighting the project's cross-border appeal.