• Marwan Ahmed Bin Ghalita: A transformative milestone in our ongoing efforts to elevate the real estate sector by leveraging diverse platforms and launching innovative initiatives that empower investors and drive market dynamism.
• This collaboration aligns with the Dubai Real Estate Strategy 2033, reflecting the leadership’s vision to solidify the emirate’s position as a global hub for real estate investment.
• The partnership is expected to boost investment inflows into Dubai’s real estate market and enhance its global competitiveness.

Dubai, United Arab Emirates, 24 March 2025: As part of its commitment to enhancing global competitiveness and promoting community well-being, the Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department (DLD), launched the ‘Tayseer’ initiative to facilitate the payment of currently outstanding service fees. Under this initiative, unit owners can pay their outstanding service fees by offering flexible payment plans with a minimum of six months in coordination with jointly owned property (JOP)management companies. This step is expected to ease financial burdens on owners and contribute to greater financial stability within the real estate sector.

This initiative aligns with the objectives of the ‘Year of the Community,’ announced by the wise leadership under the theme “Together, hand in hand,” designating 2025 as a milestone for strengthening family and community bonds, and reinforcing values of cooperation and belonging through initiatives that safeguard cultural heritage and lay the foundations for sustainable growth.

• First real estate registration entity in the Middle East to adopt this technology in collaboration with the Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF).
• Dubai’s real estate tokenisation sector is projected to reach AED 60 billion by 2033, accounting for 7% of the emirate’s total real estate transactions.
• Converting real estate assets into digital tokens recorded on blockchain technology, streamlining and enhancing the processes of buying, selling, and investing.

Dubai, UAE – 19 March 2025: As part of its ongoing efforts to strengthen Dubai’s position as a global leader in property technology, and in line with the Dubai Real Estate Sector Strategy 2033, Dubai Land Department (DLD) launched the pilot phase of the ‘Real Estate Tokenisation Project.’This initiative,introduced under the Real Estate Innovation Initiative‘REES,’ establishes DLD as the first real estate registration entity in the Middle East to implement tokenisation on property title deeds.The project is being implemented in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF) through SandBox Real Estate.