Real Estate Tokenization in DIFC Legal Guide 2025

{ "body": "Tokenized real estate in DIFC is typically structured through an SPV holding the property, with tokens representing beneficial ownership interests. The token offering may require authorization from both DFSA and VARA.", "heading": "Legal Framework for Tokenization" }

{ "body": "Real estate tokens that constitute investment products fall under DFSA regulation. If structured as utility or exchange tokens they fall under VARA. Many tokenization projects require coordination with both regulators.", "heading": "DFSA and VARA Coordination" }

{ "body": "Smart contracts governing tokenized real estate must address dividend distribution, governance rights, transfer restrictions, and redemption mechanics. Audit by a recognized firm is required before deployment.", "heading": "Smart Contract Considerations" }