How ‘real estate tokenisation’ can create an investment wave

For investors on a budget, tokenisation offers a chance to tap into Dubai's growth

- BY MANOJ NAIR

Are you an investor in Dubai's property market? And in stocks on Dubai Financial Market? Now, a third option is opening for investors and which promises to bring together the best of both worlds.

This is where the tokenisation of property assets will lead up to — and in ways that will create more growth chances for the wider industry. At its heart, the concept of such tokenisation is simple — buy a portion of a real estate asset rather than the whole. And have those token put up in a Blockchain and traded as per demand. And these property assets come backed by property title deeds.

One of the biggest developers in the UAE, MAG, has already signed up for tokenisation, putting in a $3 billion worth of its projects with MultiBank Group's upcoming $MBG platform. MAG will have The Ritz-Carlton Residences, Dubai, Creekside, and Keturah Reserve on the platform.

More getting into the act