Walk into a new apartment in Dubai and you might be greeted not by a doorman, but...
Blockchain in real estate UAE
The UAE, especially Dubai, is pioneering the use of blockchain in real estate transactions. Through the Dubai Land Department (DLD) and its smart initiatives, blockchain technology is used to register properties, verify ownership, and enable secure transactions without traditional paperwork.
Blockchain reduces fraud risks, increases transparency, and speeds up processes like buying, selling, and leasing properties. Investors benefit from a secure and tamper-proof digital ledger that simplifies real estate investment in Dubai.
Dubai’s strategy aims to digitize all property-related documents, making the emirate one of the first in the world to fully integrate blockchain into its real estate sector. This move also supports foreign investors, who can safely invest in property from abroad without lengthy procedures.
A look into the intersection of technology and real estate in Dubai, these two industries are working...
