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Dubai real estate sales reach $18B in May amid tokenization push

Published by cointelegraph.com on 7 hours ago

Dubai real estate sales reach $18B in May amid tokenization push

Dubai’s property market achieved $18.2 billion in sales in May, reflecting a significant surge in activity.

This growth is accompanied by increasing momentum in tokenization, as well as the introduction of new regulations.

Additionally, the market witnessed a record-breaking $3 billion real estate blockchain deal.

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