Dubai real estate sales exceed $18 billion in May, driven by tokenization

avatar
ODAILY
4 hours ago
This article is machine translated
Show original
Planet Daily News: Against the backdrop of accelerating real estate tokenization, Dubai's real estate market soared in May, with sales volume and transaction amount reaching new highs, indicating growing investor confidence and potential readiness for real estate tokenization. According to data from the real estate platform Property Finder, the Dubai real estate industry completed 18,700 transactions in May, with total sales reaching 66.8 billion dirhams (approximately $18.2 billion), representing a 44% year-on-year increase in transaction volume and a 6% increase in sales. (Cointelegraph)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments