ترميز العقارات.. ريادة سعودية في اقتصاد الثقة الرقمية

The real estate sector today is witnessing a radical transformation that is no less impactful than the major shifts experienced in financial markets over the past decade. Real estate tokenization is no longer just a technical concept associated with blockchain; it has become a new infrastructure for managing, trading, and financing property that reshapes the relationship between humans and real estate, as well as between capital and opportunity.

The essence of this transformation lies in taking the traditional ownership deed and converting it into a secure, tamper-proof digital representation on the blockchain, a technology that has undergone more than ten years of development and testing before reaching operational maturity. This digital representation is an investment that reflects a share in property ownership, allowing for the fragmentation of ownership without affecting its rights.

This transformation does not eliminate legal ownership; rather, it enhances it, making it more transparent, traceable, and efficient in verification and proof.

What gives this application its global uniqueness is that it is a Saudi innovation that comes for the first time within an integrated digital government system involving regulatory bodies from the design phase to implementation. It is not just a technical platform but a comprehensive legislative and procedural system that includes solution design, issuance of regulations, organization of operational flows, tracking of funds, and ensuring compliance, providing the market with a high degree of credibility and reassurance.

Tokenization contributes to accelerating real estate development by enabling the flow of capital more quickly, for longer periods, and with greater transparency.

Instead of paper complications and lengthy procedures, operations become more streamlined, reflecting on the speed of completion, reducing costs, and enhancing the efficiency of the market as a whole.

This step aligns with the priorities of digital transformation and its clear regulations, in line with the objectives of Saudi Vision 2030 to build an advanced digital economy based on innovation, transparency, and governance.

Tokenization is not an end in itself but a strategic tool to enhance trust in the market and attract quality investments.

For individuals and investors, tokenization opens a new door to ownership and investment through digital participation in tokenized real estate assets and digital banking tools.

Investment is no longer limited to full ownership or large transactions; it has become possible to enter into organized digital shares, expanding the investor base to include locals, foreigners, individuals, and institutions alike.

From the investor's perspective, the new mechanism provides unprecedented clarity in reading numbers and making decisions.

Relying on property valuations from trusted and accredited entities under the umbrella of the Saudi Authority for Accredited Valuers creates a fair reference for value, while the system clearly defines costs, whether one-time—such as real estate transaction tax and transfer fees—or recurring, like management fees, homeowners' association fees, and maintenance. This clarity enables the investor to build accurate financial models, reduce risks, and improve returns.

Real estate tokenization represents a qualitative leap that transcends the boundaries of technology to redefine the concepts of ownership, liquidity, and trust in the real estate market.

It is a bridge between the physical and digital worlds, between the near past and the smart future, creating a more just, efficient, and sustainable model for the modern real estate economy.