The Dubai Land Department has begun issuing tokenized real estate title deeds on the XRP Ledger in a move to digitize property ownership. This marks the first instance of a government real estate body in the Middle East adopting a public blockchain for land registry management.
According to Ripple, the partnership involves the DLD, digital asset custody provider Ripple, and Ctrl Alt, a licensed Virtual Asset Service Provider under VARA. The collaboration aims to simplify access to Dubai’s real estate market by enabling fractional ownership of property through tokenized deeds stored securely on-chain.
Ctrl Alt will be responsible for the tokenization infrastructure and has integrated Ripple’s custody solution to manage and store tokenized assets. As the technology backbone, Ripple provides institutional-grade infrastructure for the safekeeping of digital property titles, ensuring high security and operational standards.
The project signals growing efforts in the region to integrate blockchain into public-sector services and align real estate with regulated digital asset frameworks. With blockchain now underpinning the issuance and storage of land titles, DLD is aiming to streamline record-keeping and enhance transparency for domestic and international investors.
Ripple’s Custody Technology Gains Institutional Traction in the UAE
According to report from Ripple, this partnership marks its first major custody initiative in the UAE, expanding on its previous deployments in Asia and Europe. The Ripple Custody platform is designed to meet the operational and regulatory standards required for storing digital real estate assets.
Reece Merrick, Managing Director for Ripple in the Middle East and Africa, confirmed the company’s role in supporting the DLD initiative with its digital asset custody platform. The deployment of Ripple Custody reflects growing demand for compliant on-chain asset management, especially within real estate.
The platform is expected to support the full lifecycle of real estate tokens within a compliant and regulated environment, aligning with regional oversight by VARA. Additionally, Ctrl Alt’s role in the process as both a tokenization provider and a VASP license holder enables seamless execution of blockchain-based title issuance.
The integration of Ripple’s custody services not only supports Dubai’s ambitions in the digital economy but also expands Ripple’s presence in the region’s financial and real estate sectors. The company already maintains partnerships with financial institutions such as Zand Bank and Mamo for blockchain-powered financial services.
Dubai’s adoption of blockchain for title deeds is part of a broader strategy to attract global investment through transparent and digitally secure infrastructure. The new system also enables cross-border accessibility, allowing investors from various regions to participate in Dubai’s property market.
Conclusion
Dubai’s real estate sector is undergoing a notable shift with the issuance of tokenized title deeds on the XRP Ledger. Through its collaboration with Ripple and Ctrl Alt, the Dubai Land Department is building a framework that could redefine how property is accessed, owned, and managed across borders.
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