Dubai Land Department Launches Phase II of Real Estate Tokenisation Project
Feb 10, 2026
The Dubai Land Department (DLD) has announced the launch of Phase II of the Real Estate Tokenisation Project, marking the start of resale activity in the secondary market from 20 February, according to the Government of Dubai Media Office.
This phase represents the project’s transition from a pilot initiative to a more advanced operational stage, within a regulated framework designed to enhance transparency, efficiency, and investor protection in Dubai’s real estate market.
From Pilot to Operational Phase
Phase II follows the pilot stage launched in March under the REES Real Estate Innovation Initiative, developed in collaboration with the Virtual Assets Regulatory Authority (VARA) and strategic partners. During the pilot, regulatory, legislative, and technical frameworks for real estate tokenisation on title deeds were tested, positioning Dubai as the first real estate registration authority in the region to adopt this model within a regulated environment.
What Real Estate Tokenisation Means
Tokenisation allows real estate assets to be divided into digital ownership shares, represented as tokens. These tokens can be bought, sold, or transferred through approved platforms, subject to regulatory oversight and controls.
Enabling Secondary Market Resale
Phase II focuses on activating resale activity in the secondary market by enabling the resale of approximately 7.8 million real estate tokens within a controlled pilot framework. The objective is to assess market efficiency and operational readiness under real trading conditions, while monitoring transparency, governance standards, and the protection of investor rights.
DLD confirmed that implementation will follow a gradual, data-driven approach, carried out in coordination with relevant regulatory authorities to ensure alignment with approved legislative frameworks and maintain investor confidence.
Building an Integrated Digital Real Estate Ecosystem
The Real Estate Tokenisation Project supports the objectives of the Dubai Real Estate Sector Strategy 2033, which focuses on strengthening market balance, enhancing transparency, enabling technology, and improving the overall investor experience.
The initiative also aligns with the Dubai Urban Plan 2040, which prioritises quality of life, smart growth, and efficient land use by supporting sustainable urban development and digital adoption.
DLD reaffirmed that the project is a long-term strategic initiative, reflecting Dubai’s vision of building a smart and sustainable real estate economy and reinforcing its position as a global hub for advanced real estate technologies.
Source: Government of Dubai Media Office