Dubai Land Department and Crypto.com Join Forces to Build Digital Real Estate Investment Ecosystem
To accelerate digital transformation in real estate, the Dubai Land Department (DLD) has signed a memorandum of cooperation (MoC) with global cryptocurrency platform Crypto.com.
The agreement aims to create a digital investment environment for virtual real estate assets and explore blockchain and digital currency applications within Dubai’s property market.
The partnership aligns with the Dubai Government’s broader vision to cement the emirate’s position as a global hub for technological innovation and smart real estate investment. It also supports the recently announced plan to allow government fees to be paid using digital currencies, a new step toward integrating blockchain into public services.
The initiative is a key pillar of the Dubai Real Estate Strategy 2033, which targets AED 1 trillion in real estate transactions by that year. The strategy emphasizes smart, sustainable, and knowledge-driven growth goals this partnership is designed to advance through the adoption of cutting-edge digital tools.
The MoC was signed by His Excellency Omar Hamad BuShehab, Director General of the Dubai Land Department, and Mohamed Abdul Latif Al Hakim, the authorized signatory for Crypto.com, in the presence of senior officials from both parties.
The collaboration will explore the use of blockchain technology to facilitate digital property transactions, investor verification, custody solutions, and asset settlement. It will also assess the potential of digital currencies in real estate deals, aiming to boost liquidity and offer new investment mechanisms tailored to global investor demands.
There is no doubt that this reflects Dubai’s continuous ambition to become a leading destination for digital real estate investment, combining regulatory foresight with tech-driven innovation to attract high-quality capital.
Moreover, as part of the agreement, DLD will evaluate and support Crypto.com’s proposed platforms, including solutions for real estate tokenization and digital asset trading. The Department will ensure regulatory compliance while enabling the administrative and legal groundwork needed for successful implementation.
Crypto.com, in turn, will provide technical expertise, advisory services, and analytical tools to support Dubai’s digital real estate initiatives. Any agreed-upon projects will be implemented in coordination with relevant authorities, maintaining full alignment with Dubai’s legal and regulatory frameworks.
There is no doubt that this agreement is a major milestone in Dubai’s efforts to shape the future of real estate through innovation. By embracing blockchain and digital currencies, the city is not only enhancing the transparency and efficiency of its property market but also opening the door to new, global investment horizons.
