Serenity and MTA Real Estate to launch real estate portal
May 13, 2025
Blockchain & Cryptocurrency Real Estate

Serenity and MTA Real Estate to launch blockchain real estate investment portal

For global crypto holders

Serenity, a Singapore-headquartered blockchain technology company specialising in secure digital finance solutions, has partnered strategically with Dubai-based MTA Real Estate to develop a blockchain-powered real estate investment portal specifically designed for crypto holders worldwide.

The move follows the Dubai Land Department’s recent approval of a pilot programme for tokenised property transactions, aligning the initiative with Dubai emirate’s strategy to attract regulated digital asset flows.

The timing of the partnership coincides with the growing momentum of real estate tokenisation in the UAE, which is marked by increasing institutional interest and regulatory support for blockchain-based asset infrastructure. The Dubai Land Department forecasts that the market value of tokenised real estate in the Arabian Gulf emirate of Dubai could surpass $16 billion by 2033.

The blockchain-powered real estate investment platform, which will be rolled out in phases, aims to offer qualified crypto users the ability to explore select Dubai real estate listings, complete biometric-based Know Your Customer (KYC) procedures, and make regulated crypto-to-property purchases via smart contracts.

To enhance the platform’s commercial value proposition, crypto buyers using this portal will also be eligible for exclusive discounts. This integrated blockchain solution is a comprehensive, secure channel for property sourcing, transaction facilitation, and compliance with Dubai’s real estate regulations.

Robert Boris Mofrad, Serenity’s Co-Founder and Chief Product Officer, commented: “This partnership allows us to extend blockchain’s utility into tangible ‘real-world services.’ Dubai is already leading the way in real estate tokenisation, and our goal is to operationalise that vision with compliant infrastructure that bridges Web3 and real-world ownership.”

Serenity’s Co-Founder and CEO, Venket Naga, further elaborated: “This agreement brings our ‘real-world services’ vision closer to reality. It is about transforming blockchain infrastructure into sustained, revenue-generating use cases—not just for Serenity, but for the entire Web3 ecosystem engaging with real-world assets.”

The platform will feature a KYC layer powered by Serenity’s decentralised identity protocol, integrated with the company’s sAxess biometric card. This world-first, fingerprint-authenticated blockchain multi-function cold wallet card ensures secure payments and transaction verifications.

Payments will be processed through licensed intermediaries or directly accepted by developers supporting crypto transactions. Additionally, off-plan purchases will be safeguarded under the Dubai Land Department’s escrow framework, ensuring milestone-based fund releases and buyer protection.

Mohamed Taher Ali, Founder and CEO of MTA Real Estate, stated: “At MTA Real Estate, we specialise in unlocking high-growth opportunities within Dubai’s real estate market, one of the world’s most secure and lucrative.

“This collaboration enables crypto investors to diversify their portfolios with stable, income-generating assets that offer full regulatory transparency. Our goal is simple: to bridge the gap between digital wealth and real-world property ownership through innovation, speed, and trust.”

Serenity’s roadmap for the portal also includes plans to integrate smart contracts for automated rent distribution, on-chain storage of ownership records with survivability and inheritance mechanisms, and future integration of Decentralised Finance (DeFi)-based mortgage tools.

Image: (L-R) MTA Real Estate and Serenity representatives celebrate the new partnership between the two entities. Credit: MTA Real Estate

Last Updated on 1 month by News Desk

News Desk

News Desk produces the latest news for the Middle East region, with a key focus on the GCC nations: UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman. Contact News Desk: press@menews247.com
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