A Dubai real estate developer and a cryptography specializing firm has been associated to create a blockchain properties portal for investors to buy tokenized assets in the Emirate.
Serenity has signed an association with MTA Real Estate to develop a secure real estate investment portal and fed by blockchain aimed at global cryptocurrency holders.
The measure follows the approval of the Dubai land department of a pilot program for Token properties transactions, positioning the initiative within the broader strategy of the city to attract regulated flows of digital assets.
Dubai Real Estate Cryptographic Investments
The initiative comes in the midst of an increasing impulse for real estate to the Eau.
With a growing institutional interest and a clear regulatory support for Blockchain -based assets infrastructure, the Dubai land department expects the market value of tokenized real estate to exceed $ 16 billion by 2033.
The portal, which will be implemented in phases, will allow users to explore selected listings of Dubai real estate, complete KYC (know your client) and execute regulated purchases of crypto to property.
Cryptographic buyers who buy their portal will also be eligible for exclusive discounts, which provides a valid commercial value proposal.
The experience in the hand of Serenity and the MTA leads to marketing a full technology battery that serves as a blockchain window in the supply of properties, the facilitation of transactions and compliance with local real estate regulations.
Robert Boris Mofrad, co -founder and Director of Products of Serenity, said: “This association allows us to extend Blockchain’s usefulness to real world’s tangible services.
“Dubai is already establishing the pace of real estate tokenization: our goal is to operationalize that vision with compatible infrastructure that unites web property and the real world.”
Venket Naga, CEO of Serenity, said: “This completion about our vision of real world services to reality. It is about converting the blockchain infrastructure into sustained use cases and income generators, it does not engenders for serenity, but the murderer, echoesy systems.
The KYC layer of the platform, based on the Decentralized Identity Protocol of Serenity, will be integrated with the company’s Sajas Biometric Card, the first cold Blockchain Blockchain Wallet card authorine of fingerprints of the world.
Payments will be made through license intermediaries or directly accepted by developers who support cryptographic transactions.
Purchases outside the plan will be protected by the deposit frame of the land departments of Dubai, ensuring the releases of milestone -based funds and the safeguards of buyers.
Mohamed Taher Ali, founder and CEO of Mta Real Estate in Mta Real Estate, said: “We specialize in unlocking high growth opportunities in the real estate market of Dubai, one of the most sure and lucrative in the world.
“This collaboration allows cryptographic investors to diversify their portfolios with stable assets of income backed by complete regulatory transparency. Our goal is simple: close the gap between digital wealth and the property of the real world through innovation, speed and trust.”
