Dubai’s real estate market is booming, with record sales volumes and transaction values driving a significant surge in May. According to Cointelegraph, the sector saw a remarkable 44% increase in transaction value and a 6% rise in sales volume compared to the previous year, highlighting growing investor confidence and a potential shift towards property tokenization. Data from Property Finder reveals that total sales reached 66.8 billion dirhams ($18.2 billion), across 18,700 transactions. This growth was fueled by both primary and secondary sales activities. Primary sales experienced a significant leap of 314% in value compared to May 2024, while secondary sales saw a notable rise of 21%. This performance aligns with increasing interest in real estate tokenization, which aims to broaden market access and revolutionize property ownership dynamics.