The Dubai real estate market increased in May and recorded record sales volumes and transaction values, which signal the trust of investors and the possible willingness to cover real estate.
According to data, which were shared in a press release with a cointelegraph of real estate platform Finder, the true estate sector from Dubai achieved a complete sales value of 66.8 billion dirhams (approx. 18.2 billion US dollars) at 18,700 transactions in May. The numbers show a rise within the transaction value of 44% in comparison with the previous 12 months and by 6% of the sales volume.
The growth was driven by each primary and secondary market activity. The primary turnover recorded a price of 314% in comparison with May 2024, while secondary sales increased by 21% of the worth.
The performance is carried out in the midst of an accelerated advance into real estate toking, which opens up the marketplace for more investors and formulates the dynamics of property within the property.
Dubai sales transactions value in dirham from May 2024 to May 2025. Source: real estate finder
The performance of Dubai's real estate market signals tokenization readiness
Scott Thiel, co-founder and CEO of the tokenization Platform of Real-World Asset (RWA), Tinkinvest, told CoinTelegraph that the record performance of the Dubai real estate market signals the town's willingness to innovate real estate resembling tokenization.
“It strengthens what we already knew, Dubai is becoming one of the lively and attractive real estate markets worldwide,” said Thiel to CoinTelegraph. “If you see 60 billion dirham in transactions in a single month, it is a strong signal that the market is liquid, dynamic and progressive.”
The executive added that real estate toking isn’t any longer a futuristic concept, but an lively development that receives steam. Thiel added that the amount represents an ideal launchpad for fractionalization – real estate in smaller, cheaper stocks – to satisfy the demand from investors locally and internationally.
Thiel added that tokenization is not going to only follow market growth, but can even help to speed up it. “Tickenization is not going to only accompany the following record, we consider that it’ll help,” he said.
Regulatory authorities token back
The Dubai real estate boom in May fell with an important regulatory and industry developments to modernize how real estate is sold and acquired.
On May 1st, Dubais MultiBank Group, real estate giant Mag and blockchain provider Mavryk signed an RWA agreement of $ 3 billion. The deal will bring the luxurious real estate projects from MAG into the blockchain with a regulated RWA marketplace.
On May 19, the Virtual Asset Regulatory Authority (Vara), Dubais Crypto Regulator, updated its guidelines to record provisions for the tokenization of real asset (RWA). The lawyer Irina Heaver announced CoinTelegraph that these rules give issuers and to exchange a transparent method to start and trade with tokenized real estate goods.
On May 25, the Dubai Land Department (DLD), the central bank of the United Arab Emirates and the Dubai Future Foundation began a tokenized real estate project within the Middle East and North Africa region. The state institutions began a platform on which investors should purchase tokenized shares in “Ready-to-of-realmobilies in Dubai”.
