Tokenized real estate projects advance in Dubai and Maldives

CoinTelegraph
by Turner Wright
February 20, 2026
AI-Generated Deep Dive Summary
Tokenized real estate projects are gaining momentum in high-profile locations like Dubai and the Maldives, signaling a significant shift toward integrating blockchain technology into global real estate markets. These initiatives aim to enhance liquidity, accessibility, and transparency by converting physical assets into digital tokens, offering new opportunities for investors and property owners alike. In Dubai, the Land Department has made strides by launching its second phase of a tokenization pilot program after successfully tokenizing $5 million worth of real estate. This move enables the resale of approximately 7.8 million tokens, facilitated by Ctrl Alt, a licensed Virtual Asset Service Provider in Dubai. The company issues "Asset-Referenced Virtual Asset management tokens," which streamline transactions on secondary markets. Meanwhile, a Trump-tied hotel development in the Maldives is also exploring tokenization, marking another milestone for this innovative approach to real estate. This project is expected to collaborate with a UAE-based firm specializing in digital assets and smart contracts, further expanding the reach of blockchain technology in the sector. These developments are particularly significant for crypto enthusiasts and investors, as they represent tangible applications of blockchain beyond traditional cryptocurrencies. By tokenizing high-value assets like real estate, these projects demonstrate how digital technologies can revolutionize ownership, trading, and investment models on a global scale. This trend not only offers new avenues for wealth-building but also underscores the growing acceptance and integration of crypto-related innovations in mainstream markets.
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Originally published on CoinTelegraph on 2/20/2026