Dubai has taken a new step in digital real estate by launching the secondary trading rollout of its tokenised property pilot. The Dubai Land Department, in partnership with infrastructure provider Ctrl Alt, confirmed that property ownership tokens issued during the first phase can now be resold in a regulated secondary market.
Earlier, ten properties worth more than $5 million were tokenised, generating around 7.8 million digital tokens. With this move, investors can now buy and sell these tokens through approved platforms while transactions remain fully aligned with official land registry systems. All transfers are recorded on blockchain technology to ensure transparency and security.
We see this development as a step toward expanding fractional ownership and improving liquidity in Dubai’s fast-evolving real estate market.
