The second phase of the property tokenization project was announced by the Dubai Land Department, with secondary market resale scheduled to begin on February 20, 2026. The initiative was introduced to support wider access to property investment and improve market flexibility.
During the first phase, regulatory and technical frameworks were tested in cooperation with the Virtual Assets Regulatory Authority. Digital tokens linked to property title deeds were issued under a controlled pilot structure.
In phase two, resale activity in the secondary market is being activated. Around 7.8 million real estate tokens are expected to be made available, while investor protection and transaction transparency are being assessed.
It was stated that the property tokenization project is being implemented gradually to ensure operational readiness and long-term market stability.
