In Dubai, DDX Global launches ‘Desert Pearl,’ leveraging real estate tokens. This initiative aims to tokenize assets, including two hotels, apartments, a business district.
The boutique hotel will feature 88 rooms and amenities like a planetarium, arena. The ‘Qamar Residences’ will offer three home options: Pearl Collection (400 square meters), Oasis Collection (650 square meters), and Sky Penthouse (5,000 square meters).
DDX Global’s COO highlighted increased value through asset tokenization, emphasizing blockchain’s role in enhancing liquidity and encouraging international investment. This approach aims to establish a model for responsible real estate tokenization, bridging Dubai’s luxury property market with fintech advancements.