Real Estate
Amaal and IOPn Announce Strategic Partnership to Tokenize Luxury Real Estate in Dubai
Collaboration supports Dubai’s digital vision and aims to unlock global access to high-end property investment through blockchain technology.
Amaal, the visionary Emirati-founded real estate developer, has partnered with IOPn, a next-generation blockchain infrastructure company, to introduce property tokenization to Dubai’s luxury real estate market. The strategic alliance is designed to broaden international investor access, enhance liquidity, and drive digital innovation in line with Dubai’s smart city and digital economy ambitions.
The partnership exemplifies the forward-thinking approach of both companies, leveraging blockchain to make real estate investment more inclusive and efficient while preserving exclusivity and long-term asset value. The initiative also aligns with the Dubai Land Department’s recent move to tokenize seven per cent—equivalent to $16 billion—of the city's property market by 2033.
“At Amaal, we see innovation as essential to shaping the future of real estate, and collaborating with IOPn exemplifies our forward-looking vision,” said Abdulla Lahej, Chairman of Amaal. “Through tokenization, we’re making it possible for more people to participate in real estate investment, supporting the UAE’s commitment to leadership in the digital economy and smart city infrastructure.”
IOPn CEO Mojtaba Asadian added, “This partnership with Amaal marks a pivotal step in redefining how global investors access luxury real estate. In alignment with Dubai’s regulatory framework, we are in the process of tokenizing the high-end MANSORY Residences. This initiative is not only enhancing liquidity but also setting a new benchmark for transparency, accessibility, and global participation in property ownership.”
IOPn’s blockchain infrastructure, OPN Chain, is specifically designed to meet the growing demand for digital real estate investment. It focuses on unlocking liquidity and enabling global access to traditionally illiquid assets such as luxury property. Through strategic partnerships with developers and regulators, IOPn aims to bridge physical and digital assets using compliance-ready and scalable blockchain solutions.
The tokenization of MANSORY Residences is already underway, with further project details expected in the coming months. The development is slated for completion in Q4 2028.
Dubai’s luxury real estate market continues to show strong momentum. Between April and June 2025 alone, property sales exceeding $10 million reached $2.6 billion, signaling strong demand for innovative investment models.