Amaal, the visionary Emirati-founded real estate developer, has teamed up with IOPn, a next-generation blockchain infrastructure company, to bring tokenized property solutions to a broader global investor base.
The partnership highlights Amaal’s commitment to innovation while supporting Dubai’s digital vision to expand access, enhance liquidity, and transform how international investors participate in the real estate market.
This collaboration also falls in line with the Dubai Land Department’s real estate tokenization initiative, which focuses on digitizing 7 percent or $16 billion of property by 2033.
By leveraging IOPn’s blockchain platform, the collaboration will make property investment more accessible and efficient, while maintaining exclusivity and long-term value.
Abdulla Lahej Chairman – Amaal
“At Amaal, we see innovation as essential to shaping the future of real estate, and collaborating with IOPn exemplifies our forward-looking vision. Through tokenization, we’re making it possible for more people to participate in real estate investment, supporting the UAE’s commitment to leadership in the digital economy and smart city infrastructure.”
Mojtaba Asadian, CEO of IOPn, stated that, “This partnership with Amaal marks a pivotal step in redefining how global investors access luxury real estate. In alignment with Dubai’s regulatory framework, we are in the process of tokenizing the high-end MANSORY Residences. This initiative is not only enhancing liquidity but also setting a new benchmark for transparency, accessibility, and global participation in property ownership. At IOPn, we believe the future of real estate is on-chain, and we’re proud to build that future with visionary partners like Amaal.”
Dubai’s luxury real estate market is showing strong momentum, with sales of homes priced above $10 million surging to $2.6 billion between April and June 2025. IOPn’s blockchain infrastructure, OPN Chain, is built to meet this demand, with a focus on unlocking liquidity and global accessibility for traditionally illiquid assets like luxury real estate. Through strategic collaborations with developers and regulators, the company is bridging physical and digital value with compliance-ready, scalable technology.
The tokenization of MANSORY Residences is currently underway. The tower is set to be completed by the last quarter of 2028.
