Analysis: Dubai real estate sales reached $18.2 billion in May, tokenization process accelerates market development

 according to Property Finder data, Dubai's real estate market completed a total of 18,700 transactions in May, with a total sales value of 66.8 billion dirhams (approximately 18.2 billion US dollars), a 44% increase from the same period last year. Primary market sales surged by 314% year-on-year, while secondary market sales increased by 21%.

Industry analysis indicates that this growth is closely related to Dubai's continued advancement in real estate tokenization. Scott Thiel, CEO of Tokinvest, stated that Dubai's active real estate market provides an ideal environment for innovative technologies such as tokenization to thrive. Data shows that tokenization technology is reshaping the local real estate investment landscape by enhancing asset liquidity.