Dubai Real Estate Sales Soar, Reaching $18 Billion in May Amid Tokenization Push

The Dubai real estate market experienced a remarkable surge in May, recording its highest sales volumes and transaction values ever. This growth signals growing investor confidence and hints at the city’s potential for property tokenization. Data from Property Finder reveals that the total sales value reached $18.2 billion across 18,700 transactions in May, demonstrating a 44% year-on-year increase in transaction values and a 6% rise in sales volume.