Dubai: DLD, VARA ink key agreement to integrate property tokenisation
The Dubai Land Department (
The agreement, the first of its kind globally, will incorporate a governance system that ties Dubai's property registry with property tokenisation.
This will not only streamline real estate transactions but also provide a framework for regulatory clarity and safeguard investor rights in the evolving digital landscape.
DLD-VARA collab to strengthen Dubai's global real estate position
The collaboration follows the successful launch of the pilot phase of the 'Real Estate Tokenisation Project' by DLD, part of the broader 'REES Real Estate Innovation Initiative'.
The agreement aims to bolster the legal framework and regulations in real estate transactions, ensuring investor protection while fostering a more inclusive investment environment.
Marwan bin Ghalita, director general of the Dubai Land Department, said: 'This partnership is a strategic step toward empowering the real estate sector by leveraging technological advancements. It aligns with the Dubai Real Estate Strategy 2033 and the Dubai Economic Agenda (D33), aiming to enhance Dubai's global leadership in real estate innovation.'
The integration of virtual assets into real estate transactions is expected to improve liquidity and offer new investment opportunities, particularly for smaller investors, while contributing to the sector's sustainability.
Support for Dubai's strategic vision
The collaboration is set to play a pivotal role in achieving the objectives of Dubai's D33 economic agenda, which aims to double the city's GDP by 2033.
The agreement aligns with D33's goal of reaching Dhs1tn in real estate transactions, with the sector growing by 70 per cent in value.
Helal Al Marri, director general of the Dubai Department of Economy and Tourism (DET) and Dubai World Trade Centre Authority (DWTCA), remarked: 'This partnership embodies Dubai's future-focused innovation. By linking real estate and virtual assets, DLD and VARA will help shape the next generation of economic growth, ensuring that Dubai remains a global leader in both sectors.'
The initiative will also serve as a framework for pilot projects, assessing and managing risks while fostering the integration of virtual assets into the real estate sector to maximise economic benefits.
It aims to create new opportunities for fractionalised ownership and enhance investor participation.
Image courtesy: Dubai Media Office
Advancing digital infrastructure
The agreement places a strong emphasis on enhancing Dubai's digital infrastructure, addressing investor needs, and aligning with global best practices for consumer protection and investment security.
It also encourages collaboration with technology companies looking to contribute to the sector's advancement.
'This collaboration reinforces Dubai's commitment to fostering a diverse and advanced investment ecosystem,' Al Marri added. 'It sets the stage for the future economy, where real estate and virtual assets coexist, driving sustainable growth and making Dubai a knowledge-driven, technology-based leader.'
The DLD and VARA's partnership is poised to establish a regulatory model for integrating virtual assets with real-world assets, opening new doors for innovation in the
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Dubai Eye
30 minutes ago
- Dubai Eye
New exit eases traffic congestion around Dubai's Ras Al Khor
A new exit is set to open in early August to ease traffic from Dubai's Financial Centre Street towards Ras Al Khor Road, near the Bu Kadra Interchange. The Roads and Transport Authority (RTA) says the upgrade is part of its Rapid Traffic Solutions Plan to reduce congestion and enhance road network efficiency in the Ras Al Khor area — a busy zone bordering key industrial and commercial districts. The new exit is expected to cut peak travel times by more than half — from 13 minutes to just 6. It also eases congestion for vehicles heading towards Dubai-Al Ain Road. It follows other improvements in the area, including the widening of Exit 25 from Ras Al Khor Road to Al Khail Road in the direction of Al Meydan Street, which has doubled capacity and trimmed delays during peak hours. The RTA says these changes support Dubai's growing infrastructure needs and long-term mobility goals. RTA will open in early August a new exit from the collector road for vehicles travelling from Financial Centre Street towards Ras Al Khor Road, near Bu Kadra Interchange. This improvement forms part of RTA's Rapid Traffic Solutions Plan, aimed at enhancing road network efficiency… — Dubai Media Office (@DXBMediaOffice) July 31, 2025
TAG 91.1
3 hours ago
- TAG 91.1
New exit eases traffic congestion around Dubai's Ras Al Khor
A new exit is set to open in early August to ease traffic from Dubai's Financial Centre Street towards Ras Al Khor Road, near the Bu Kadra Interchange. The Roads and Transport Authority (RTA) says the upgrade is part of its Rapid Traffic Solutions Plan to reduce congestion and enhance road network efficiency in the Ras Al Khor area — a busy zone bordering key industrial and commercial districts. The new exit is expected to cut peak travel times by more than half — from 13 minutes to just 6. It also eases congestion for vehicles heading towards Dubai-Al Ain Road. It follows other improvements in the area, including the widening of Exit 25 from Ras Al Khor Road to Al Khail Road in the direction of Al Meydan Street, which has doubled capacity and trimmed delays during peak hours. The RTA says these changes support Dubai's growing infrastructure needs and long-term mobility goals. RTA will open in early August a new exit from the collector road for vehicles travelling from Financial Centre Street towards Ras Al Khor Road, near Bu Kadra Interchange. This improvement forms part of RTA's Rapid Traffic Solutions Plan, aimed at enhancing road network efficiency… — Dubai Media Office (@DXBMediaOffice) July 31, 2025
Gulf Today
8 hours ago
- Gulf Today
Why UAE real estate remains a top safe investment in 2025
Despite ongoing global uncertainty, UAE real estate continues to demonstrate resilience and attract serious investor attention in 2025. Backed by transparent laws, a growing economy, and attractive visa-linked incentives, the market stands out as one of the most secure places to invest this year. Primo Capital's latest report highlights why the country's property sector remains a stable and rewarding choice for long-term investment. UAE: A Stable UAE Market for Safe Investment With over AED 260 billion in transactions recorded by the Dubai Land Department in the first half of 2025, investor confidence in the market remains strong. According to Primo Capital, consistent demand across areas like Dubai Marina, Downtown Dubai, and Dubai South is keeping prices stable and returns solid. This level of activity reflects growing global interest in finding UAE properties in a market known for its transparency and growth. From upscale waterfront homes in Abu Dhabi to luxury properties for sale in Dubai , the 2025 inventory offers options for all budgets. Analysts further credit this to the UAE property market stability 2025 , where effective government policies and on-time project deliveries have reinforced trust in both local and international buyers. The UAE also ranks high among the safest real estate markets in UAE, thanks to clear ownership laws, digital transaction processes, and escrow-backed off-plan purchases that protect investors at every step. UAE's Visa Benefits and Tax-Free Gains What further cements investor interest is the country's generous Golden Visa policy. Those investing AED 2 million or more in real estate can qualify for a 10-year residency visa—an added benefit that's attracting buyers from Europe, India, and Russia alike. Additionally, the tax-free property investment UAE policy continues to be a major draw. No capital gains tax, no annual property tax, and no income tax on rental returns give investors a clean, predictable financial outcome—rare in today's global property markets. As more people look toward investment in 2025 in UAE , working with a trusted real estate company in Dubai like Primo Capital can help investors navigate this strong but competitive market with tailored strategies and project insights. Conclusion In 2025, UAE real estate holds its ground as one of the most secure and appealing investment options globally. With strong market fundamentals, investor-friendly policies, and a wide range of visa and income benefits, the country offers both short-term gains and long-term security. For those ready to commit, the UAE remains a smart and stable choice in an uncertain world.
