Home web3.0 Tokenisation of Real Estate Assets Gains Traction in Dubai, Boosting Fractional Ownership

Tokenisation of Real Estate Assets Gains Traction in Dubai, Boosting Fractional Ownership

Aug 19, 2024 pm 06:22 PM
Growth Tokenisation Dubai real estate

ドバイ、そしてより大きなアラブ首長国連邦におけるトークン化とブロックチェーン技術の台頭も、不動産資産の分割所有を促進しています

Tokenisation of Real Estate Assets Gains Traction in Dubai, Boosting Fractional Ownership

ドバイ: ドバイ、そしてより大きなアラブ首長国連邦におけるトークン化とブロックチェーン技術の台頭も、別荘などのさまざまな高額資産を含む不動産資産の分割所有権を促進している、と業界関係者は語った。

トークン化には、ブロックチェーン上の不動産などの実世界資産 (RWA) に裏付けされたデジタル資産の作成が含まれ、より小型の取引可能なトークンを通じて売買取引が可能になり、投資家が取引可能なステーブルコインやトークンを通じて利回りを獲得できるようになります。

業界関係者らは、ボストン・コンサルティング・グループが世界中で不動産のトークン化が2022年の推定わずか27億ドルから2030年までに16兆ドルに急増すると予測する中、ドバイでもその傾向が急速に追いついていると言った。

“One of the most significant benefits of real estate tokenisation is its ability to democratize investment opportunities,” Rachit Pant, Chief Operations Officer at Foremen Fiefdom, a leading Dubai-based real estate services firm, told Arabian Business.

“By lowering the barriers to entry, tokenisation allows a broader range of investors, including those with limited capital, to participate in the real estate market,” he said.

Tokenised real estate offers a property or its cash flows as a blockchain token to increase liquidity, streamline processes, and enable digital ownership.

Tokenisation enables inclusivity on a global scale

Pant said the biggest advantage of the innovative tokenisation initiative is that its inclusivity extends on a global scale, enabling investors from different parts of the world to invest in properties located in various regions, thus diversifying their portfolios.

He said the Dubai market is also seeing the entry of several players joining the bandwagon to cash in on the newly emerging opportunities in the real estate sector.

Mantra, a Hong Kong-based real-world asset (RWA) tokenisation protocol, focussed on the Middle East, recently partnered with UAE real estate developer MAG to tokenise $500 million of the latter’s real estate portfolio, starting with Keturah Reserve in Meydan.

The partnership, which will use Mantra’s Layer 1 blockchain to create a real estate financing vault, will also package a $75 million mega-mansion at ‘The Ritz-Carlton Residences at Dubai Creekside, part of the Keturah Resort.

The company said, that investors who will earn yield through stablecoins and Mantra’s OM token, are expected to receive yields of 8 percent from the stablecoins.

Investors will also be granted additional OM tokens.

Some of the industry players, however, said though tokenisation is gaining traction among crypto firms, its adoption across traditional industries is still in its early stages.

Fractional ownership of real estate assets gets a leg up with rise of tokenisation

Industry players said the rising trend of tokenisation has come as a major boost to fractional ownership in the real estate sector.

The fractional ownership model enables investors to own a percentage of a real estate asset – an apartment, a villa or even a commercial asset – with their ownership typically managed through legal entities like Limited Liability Companies (LLCs).

This setup allows for shared usage rights and costs that are proportional to the ownership share, giving investors access to luxury assets at a fraction of the cost.

“Resale and exit strategies are integral to fractional ownership. The rise of blockchain technology is addressing some of these challenges by providing secure and transparent transaction methods, particularly in the realm of digital assets and real estate,” the Foremen Fiefdom COO said.

“Blockchain can enhance the fractional ownership model by ensuring clear ownership records, reducing the potential for fraud, and facilitating easier transfer of ownership shares,” he said.

Pant said as this technology becomes more integrated, fractional ownership is expected to expand further, offering more diverse and accessible investment opportunities across a variety of asset classes.

The above is the detailed content of Tokenisation of Real Estate Assets Gains Traction in Dubai, Boosting Fractional Ownership. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1267
29
C# Tutorial
1239
24
New Crypto Project Intel Markets Enters the Trading Space With New Features New Crypto Project Intel Markets Enters the Trading Space With New Features Aug 29, 2024 am 06:47 AM

A new crypto exchange, Intel Markets (INTL), has entered the $36.5 billion crypto trading platform space. It wants to transform it using AI technology.

The Visionary Leader: Kapil Siwach, CEO of Minati Coin The Visionary Leader: Kapil Siwach, CEO of Minati Coin Jul 28, 2024 am 03:44 AM

Kapil Siwach has been working with blockchain technology for over six years! He's not just the CEO of Minati Coin. He's a mastermind who creates successful business plans that benefit Minati and its users.

Intel Markets (INTL): The Next 11x Crypto in 2024? Intel Markets (INTL): The Next 11x Crypto in 2024? Aug 24, 2024 am 06:10 AM

As the crypto market changes over time, people will always look for new opportunities to earn. One good sign is that a well-known analyst

BlackRock CEO Larry Fink Shares Views on Global Economy, US Elections, and Infrastructure Investing BlackRock CEO Larry Fink Shares Views on Global Economy, US Elections, and Infrastructure Investing Oct 01, 2024 pm 10:30 PM

On the 25th anniversary of BlackRock going public, CEO Larry Fink shared his views on the global economy, US elections, and infrastructure investing

Step into the Thrilling Arena of Meme Coins, Where Surprises Are Standard and the Next Blockbuster Is Just a Leap Away! Step into the Thrilling Arena of Meme Coins, Where Surprises Are Standard and the Next Blockbuster Is Just a Leap Away! Aug 01, 2024 am 03:11 AM

Today, we delve into Dogecoin’s market struggles, Hamster Kombat’s dynamic debut, and MOONHOP’s extraordinary ascent.

TRON August 2024 Monthly Report - Positive Growth Is Recorded across TRON's Monthly Fees, Revenue, and Earnings TRON August 2024 Monthly Report - Positive Growth Is Recorded across TRON's Monthly Fees, Revenue, and Earnings Sep 10, 2024 pm 09:29 PM

TRON DAO experienced remarkable growth across key metrics, as outlined in their latest monthly report. The blockchain saw a rise in revenue, increased trading volume, and consistent total value locked (TVL), making it one of the most active networks

Catzilla: A New Crypto Token Soars 700%, Drawing Comparisons to Dogecoin and Sparking Buzz as the Next Big Sensation Catzilla: A New Crypto Token Soars 700%, Drawing Comparisons to Dogecoin and Sparking Buzz as the Next Big Sensation Nov 18, 2024 am 06:16 AM

In a world where financial freedom feels out of reach, a new opportunity emerges—Catzilla! Born from the frenzy of meme culture and set for explosive growth

Notcoin (NOT) Price Analysis: Surging Volume and Open Interest Hint at Bullish Trend Notcoin (NOT) Price Analysis: Surging Volume and Open Interest Hint at Bullish Trend Aug 01, 2024 am 06:09 AM

Notcoin, a Telegram-based altcoin, has been trading in a bearish trend in the days following market fluctuations. Notcoin price analysis reveals significant volatility characterized by distinct high and low price points.