In an impressive feat, the second tokenized property in Dubai was sold in just 1 minute and 58 seconds, attracting a diverse group of 149 investors from 35 nationalities.
Thus far, the Dubai Land Department has recorded tokenized property sales totaling $1.306 billion, indicating significant growth in this sector of real estate.
Tokenized transactions are anticipated to represent 7% of all property transactions in Dubai by 2033, showcasing the rising confidence and interest in regulated digital real estate investments.
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