Record-Breaking Market Performance Sets Stage for Innovation
Dubai’s real estate market hit a major milestone in May, with property sales reaching $18.2 billion across 18,700 transactions, reflecting growing investor confidence and readiness for digital innovation. The figures, released by Property Finder, show a 44% year-over-year increase in transaction value and a 6% rise in volume, making May 2025 one of the city’s most active months for property deals.
Primary sales skyrocketed 314% in value compared to May 2024, while secondary sales increased by 21%, indicating strong performance across both new and resale property segments.
Tokenization Gains Ground in Dubai’s Booming Market
The surge in sales comes as tokenization of real-world assets (RWAs) becomes a central theme in Dubai’s real estate evolution. Tokenization enables fractional ownership, allowing investors to purchase smaller, more accessible shares of high-value properties.
Scott Thiel, CEO of RWA platform Tokinvest, called Dubai’s real estate market “liquid, dynamic and ready for innovation,” emphasizing that tokenization is no longer theoretical but an active development gaining real traction.
“Tokenization won’t just accompany the next record, we believe, it will help drive it,” Thiel said, pointing to the current environment as the ideal launchpad for fractional property investment models.
Regulatory Momentum Supports Blockchain Integration
Dubai’s regulatory ecosystem is increasingly supportive of blockchain and tokenized assets. On May 1, a landmark $3 billion RWA agreement was signed between MultiBank Group, real estate developer MAG, and blockchain firm Mavryk, to tokenize MAG’s luxury developments.
Further, on May 19, Dubai’s Virtual Asset Regulatory Authority (VARA) updated its rules to include tokenized real estate assets, offering legal clarity for exchanges and issuers.
On May 25, the Dubai Land Department and Central Bank launched a government-backed platform that allows investors to purchase tokenized shares in ready-to-own Dubai properties—a first for the MENA region.
Dubai Positioned as Global Leader in Tokenized Real Estate
With record-breaking property sales, regulatory green lights, and blockchain adoption, Dubai is positioning itself as a global hub for tokenized real estate.
The convergence of real estate demand and digital innovation suggests the city is not only ready for tokenization—but may soon lead the world in its adoption.
