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flag Dubai's new tokenized property project sold out to 224 investors on its launch day, signaling a tech-driven real estate shift.

flag Dubai launched its first tokenized property project, which sold out on the first day to 224 investors, averaging $2,917 each. flag The initiative, a collaboration between local authorities, allows fractional ownership and aims to increase transparency and streamline transactions. flag Only UAE ID holders can currently invest, but international access is planned. flag With a waitlist of over 6,000 and projected growth, the market could reach $16 billion by 2033.

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