<ul><li>Dubai's Land Department chooses XRP Ledger for tokenization of property title deeds, marking the Middle East's first government-backed initiative in real estate.</li><li>The program integrates on-chain deed tokens with Dubai's land registry, providing a bridge between XRP Ledger and the emirate's property system, aiming to revolutionize real estate transactions.</li><li>The pilot program allows UAE-ID holders to subscribe with a minimum ticket of AED 2,000, settling transactions in dirhams while ownership is recorded as bearer tokens on XRPL, targeting cumulative fractional-deed issuance of around AED 60 billion by 2033.</li><li>Dubai's real estate tokenization initiative aligns with the Real Estate Sector Strategy 2033 and Dubai Economic Agenda to attract capital with digital-first reforms, incorporating oversight from DLD and VARA to ensure compliance and regulatory competitiveness.</li></ul>

XRP Ledger Chosen By Dubai To Power Real Estate Tokenization

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