Proxima Eight FZE LLC
Business Centre, Sharjah Publishing City Free Zone, Sharjah, United Arab Emirates
Close

How We Structured a Real Estate Tokenization Vehicle and Engaged with Dubai Land Department (DLD)

Tokenizing real estate in Dubai requires not only the right legal structure, but also strategic engagement with local authorities like the Dubai Land Department (DLD). In this case, we supported a client in setting up a tokenization-ready entity and opened communication channels with DLD for future on-chain property representation.
UAE
9+ Years of Compliance Expertise

Project Based Delivery
Saudi Arabia
Oman
Bahrain
End-to-End Execution
Hands-on Partnership
Speed + Accuracy
Europe
Tokenizing real estate assets in Dubai presents unique regulatory and operational challenges:
  • No existing legal framework fully supports blockchain-based property ownership
  • Traditional ownership titles are centralized under the Dubai Land Department
  • The client needed a compliant vehicle to structure fractional real estate investments
  • Regulatory clarity was required for on-chain representation of assets
  • Engagement with DLD was necessary to evaluate future token registration or mapping
Our Solution
We designed a two-layer approach combining legal structuring and institutional engagement:
  • Set up a UAE entity tailored for real estate tokenization (SPV or investment vehicle)
  • Developed the legal wrapper for asset-backed tokens (ABTs) with a focus on real estate
  • Advised on token economics and investor rights within existing real estate laws
  • Prepared briefing materials and position papers for submission to DLD
  • Initiated early-stage discussions with DLD and relevant government-backed tech platforms
The Result
  • Real estate tokenization entity registered and ready for asset onboarding
  • Legal structure aligned with property investment rules and compliance obligations
  • Clear asset flow defined between physical property, token issuance, and investor interface
  • Open communication line established with DLD regarding regulatory positioning
  • Client positioned for future pilots or sandbox participation related to property tokenization
Why This Case Is Important
This case demonstrates that while full tokenization of real estate titles in Dubai is still evolving, it is already possible to structure compliant real estate-backed tokens. Early engagement with regulators like DLD gives forward-thinking firms a head start in shaping the future of property ownership on blockchain.
Why AML Zone?
  • Deep crypto compliance expertise
    → Our core team consists of experts in AML, CTF, and virtual asset regulation, with years of crypto-specific legal and operational experience.
  • Experience with real VARA cases
    → We’ve successfully guided VASPs through real MVP and FMP license applications — with practical insights into what VARA expects.
  • Clear pricing and deadlines
    → Fixed project-based fees, clear deliverables at each step, and realistic timelines for each licensing phase.
  • Local + global understanding
    → We combine knowledge of UAE and VARA frameworks with global best practices (EU, UK, Cayman, BVI, Estonia, Lithuania)
  • End-to-end service
    → From preparing your IDQ, risk matrix, and AML manual to structuring your Board and hiring a qualified MLRO — we handle it all.
  • Multilingual subtitles
    → Documentation and communication available in English, Russian, and Arabic — seamless support across cultures.
Frequently Asked Questions
Tokenize Smart. Compliant from Day One.
By submitting this form, I acknowledge that I have read and agree to the Privacy Policy, and I consent to the processing of my personal data.