- Dubai launches phase two of its property tokenisation project on Feb 20, 2026.
- The phase enables secondary market resale of about 7.8M real estate tokens.
- Investors can access tokenised property with a minimum entry of Dh2,000.
Dubai has announced the second phase of its real estate tokenisation initiative, expanding the project to enable secondary market resale of tokenised properties starting February 20, 2026. The move marks a major step toward integrating blockchain-based assets into Dubai’s regulated property market.
Phase two focuses on activating resale activity in the secondary market by allowing the trading of approximately 7.8 million real estate tokens. The rollout will take place within a controlled pilot framework designed to assess market efficiency, test operational readiness, and strengthen transparency, governance, and investor protection.
According to the Dubai Land Department (DLD), the phase aims to ensure transaction integrity while safeguarding investors’ rights as tokenised real estate trading expands.
Building on a Successful Pilot Phase
The project was initially launched last year as a pilot in collaboration with the Virtual Assets Regulatory Authority (VARA) and other strategic partners. During the first phase, regulatory, legislative, and technical frameworks for tokenising property title deeds were tested.
As previously reported, UAE residents and investors could participate with a minimum investment of Dh2,000. In the first month alone, more than Dh9 million worth of transactions were completed via Prypco Mint, a key project partner.
Tokenisation Aligns With Broader Property Reforms
Dubai’s tokenisation initiative forms part of a wider push to expand property ownership and modernise the real estate sector. In July 2025, the Dubai Land Department launched the First-Time Home Buyer (FTHB) Programme in partnership with the Dubai Economic Development Corporation, banks, and property developers.
More than 2,000 residents purchased their first homes during the programme’s initial phase, highlighting growing demand for accessible property investment options.
Regulatory Work Continues for Future Phases
DLD stated that the phased rollout allows regulators to closely evaluate real-world outcomes while coordinating with relevant authorities. Collaboration with VARA and technical partners is ongoing to refine regulatory and technical standards ahead of future expansion phases.
The development reinforces Dubai’s position as a global hub for regulated real-world asset tokenisation and blockchain-driven financial innovation.
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