
By Sergei Ivanov, Michael Pelosi, Fabian Cabeza
Introduction – Global legislation trends on real estate tokenization: In March 2025, the Dubai Land Department (DLD) made major headlines by launching a pilot project to tokenize property title deeds, becoming the first land registry in the Middle East to implement blockchain-based property tokenization. This groundbreaking initiative is projected to create a AED 60 billion (USD 16.3 billion) tokenized real estate market by