The Dubai real estate market set a new historical record in May 2025, reaching sales of $18.2 billion. This significant growth occurred against the backdrop of innovative technologies being implemented in the sector, particularly the active development of real estate tokenization and support from the emirate’s regulatory authorities.
This is reported by Finway
Increase in Transaction Volumes and the Role of Tokenization
According to the Property Finder platform, 18,700 transactions were completed in Dubai in May, totaling 66.8 billion dirhams (almost $18.2 billion), indicating a 44% annual increase in transaction value and a 6% rise in the number of sales. Primary sales have seen particularly rapid growth, increasing by 314% compared to the same period last year. The secondary market is also showing steady growth, at 21%.
“This confirms what we already knew — Dubai is becoming one of the most active and attractive real estate markets in the world. When you see 60 billion dirhams in transactions in a single month, it’s a strong signal that the market is liquid, dynamic, and ready for innovation,” said Scott Till.
Co-founder and CEO of Tokinvest, Scott Till, notes that the rapid growth of the market is a sign of its readiness for innovation. Tokenization, he says, is no longer viewed as a concept of the future but as a real tool that is gradually being implemented. This approach allows for the division of real estate into shares and opens up investment opportunities to a broader range of participants.
Regulatory Support and Launch of Tokenized Platform
The official regulator of Dubai’s crypto market — the Virtual Assets Regulatory Authority — recently updated its guidelines to include provisions related to the tokenization of real assets, including real estate. This creates favorable conditions for further innovation in the industry.
On May 25, 2025, the Dubai Land Department, together with the Central Bank of the United Arab Emirates and the Dubai Future Foundation, presented the first tokenized real estate platform in the Middle East and North Africa region. This platform allows investors to purchase shares in properties that are ready for occupancy, further enhancing the liquidity and accessibility of the market.