Riyadh Sets the Stage for Digital Property Investment Revolution
Saudi Arabia has officially launched its first-ever regulated real estate tokenization pilot, a move set to transform the way citizens can access property investments. For the first time, individuals in the Kingdom can own a share of premium real estate with an entry investment as low as 1 Saudi Riyal.
The ambitious pilot is the result of a collaboration between American blockchain innovator droppRWA (a subsidiary of droppGroup) and local powerhouse RAFAL Real Estate Development Company. The initiative will see select luxury properties in Riyadh tokenized and placed on a blockchain platform, allowing Saudi citizens to purchase fractional shares of these assets easily and securely.
Key Details
- Fractional Ownership: Investors will be able to buy real estate shares starting from just 1 Riyal, removing traditional barriers to entry.
- Digital Accessibility: All transactions and ownerships are tracked securely on the blockchain for transparency and instant settlement.
- Vision 2030 Alignment: The project is designed to support Saudi Arabia’s Vision 2030 goals of financial inclusion, digital transformation, and empowering the younger generation with innovative investment opportunities.
- Market Democratization: By lowering the investment minimum, the program aims to open up an asset class once reserved for the wealthy, now accessible to everyday citizens—including youth and first-time investors.
A First for the Region
This pilot sets a new benchmark for real estate innovation not only in Saudi Arabia but across the Gulf.
