Dubai to Let You Own 5% of a Luxury Penthouse Through Real Estate Tokens

Dubai to allow 5% ownership in luxury real estate via XRP-powered tokens, opening global access to prime property.

Fridah Kangai
May 20, 2025
12:00 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Dubai is piloting property tokenization on the XRP Ledger for global fractional ownership.
Investors may soon own 5% of luxury penthouses using secure, title-backed real estate tokens.
XRP Ledger ensures fast, transparent, and verifiable transactions for Dubai’s upcoming real estate system.

Tokenizing real estate using blockchain allows Dubai to offer fractional ownership in the property market. Through updates provided by XRP Truth Hub, the Dubai Land Department (DLD) uses a system enabling global investors to buy shares in high-end properties and penthouses with digital assets.

According to @XRP_investing XRP’s planned system relies on the XRP Ledger (XRPL), which is critical for completing the tokenization process. XRPL is the essential blockchain technology used to issue secure, clear, and verifiable real estate tokens. Each token’s ownership will correspond to its specific set of physical qualities.

⚠️🚨DUBAI JUST DID WHAT THE REST OF THE WORLD ONLY TALKS ABOUT.

They’ve started tokenizing real estate on the XRP Ledger.

Yes, it’s real. The pilot is live. And it could change everything.

Let me show you what’s happening. 🧵👇🏻 pic.twitter.com/iIcB7ITGv8
— All Things XRP (@XRP_investing) May 18, 2025

With the system, anyone can obtain property ownership by purchasing tokens for as little as 5 percent. Dubai’s first legalization allows buyers to reduce the costs involved in acquiring top-quality properties. The target is to make it possible for small-scale investors worldwide to participate.

As of May 19, 2025, the initiative continues to run in the pilot phase and has not been released. Officials have stated that the update is currently being tested on some devices. Nevertheless, things are being implemented to fully use the currency, supported by the proper institutions and strict regulations.

XRP Ledger integration allows global investors to access luxury services

As part of the Dubai Real Estate Strategy 2033, the project aims to have AED 60 billion (about $16 billion) in tokenized property deals. This would make up about 7 percent of all property activity in Dubai over the next decade.

XRP Ledger’s involvement ensures rapid settlement times, low transaction fees, and transparency throughout the ownership process. Every token is linked to a genuine real estate title on the XRPL, ensuring there is no concern about the validity of the assets.

The project involves participation from the Dubai Land Department, the Virtual Assets Regulatory Authority (VARA), the Dubai Future Foundation, and the Central Bank of the UAE. Knowing that the government is involved confirms that the transformation has a purpose, not just a test by single companies.

Using XRP contributes to Dubai’s overall plan to build a digital infrastructure. It gives the city an edge in financial and property innovation and a secure platform for carrying out real estate transactions using blockchain.

Blockchain and the XRP Ledger are set to transform Dubai’s real estate market. With tokenization, the system will allow investors to buy pieces of expensive properties and become global real estate owners.

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