February 28, 2025

The $1 billion blueprint for tokenized real estate: RWAs shaping Dubai

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Dubai’s Damac Properties and the Mantra protocol are spearheading a $1 billion initiative to tokenize real estate, unlocking global investment opportunities through blockchain.

The real estate industry is undergoing a digital transformation, and Dubai is at the forefront of this revolution.

In this episode of Decentralize with Cointelegraph, Amira Sajwani, managing director at Damac Properties, and John Patrick Mullin, co-founder and CEO of Mantra, discuss their $1 billion plan to tokenize real-world assets (RWAs) and reshape global property investment.

One of the biggest misconceptions about asset tokenization is its association with cryptocurrency volatility. Sajwani addresses this concern head-on:

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