The United Arab Emirates has secured the top global position in the number of tokenized real estate assets, according to the latest report from the data analytics platform RWA.XYZ. The report, highlighted by Crypto Bolitan, reveals that the UAE has established itself as a leading destination in this emerging sector, surpassing major global markets in quantity. However, the United States still leads in the total value of these assets, with only a slight difference from the UAE.
The technical analysis conducted by the platform, which recently added a real estate category to its database, revealed that the market value of tokenized real estate—whether through direct ownership, investment funds, or real estate investment trusts—reached $356.2 million over the past 30 days.
In a direct comparison, the UAE recorded 23 tokenized real estate assets with a total value of $129 million, while the United States managed only 10 assets valued at $145 million. This highlights the UAE’s leadership in diversifying and increasing the number of tokenized projects.
On a technical infrastructure level, the regulated platform Mantra Chain has dominated the sector, accounting for the largest share of tokenized assets worth $117.7 million. The Base network came in second with $81.5 million, followed by Stellar with $71.7 million.
The list of tokenized properties in the UAE features notable architectural and tourism icons, including the World Islands, DAMAC City Tower, and the Dubai Marina Hotel, alongside Kensington Waters and Sobha Creek projects. Although the tokenization market for real estate is still in its infancy compared to stablecoins (valued at $293 billion), strong growth is anticipated. According to Deloitte’s estimates, this market is expected to exceed $4 trillion by 2035, with a compound annual growth rate nearing 27%.