Saudi Arabia Makes History With World’s First Tokenised Property Deed

By Faheem • Wed Feb 04 2026

Saudi Arabia has marked a global first by completing the world’s first sovereign-native tokenised property title deed transfer, strengthening the Kingdom’s push toward fully digital capital markets.

This milestone is the first instance in which a G20 country has executed a real estate transaction where national property laws and registry rules are enforced directly within a digital settlement system.

The transaction was carried out under the patronage of Majed Al Hogail, Minister of Municipalities and Housing, and involved the direct integration of the Kingdom’s Real Estate Registry (RER) with droppRWA’s blockchain-based transaction platform.

By using this infrastructure, property settlement times have been reduced from days to just seconds, turning traditionally illiquid real estate into programmable and liquid digital assets. This development enhances Saudi Arabia’s appeal to foreign investors and aligns closely with the goals of Vision 2030.

The transaction took place between the National Housing Company (NHC) and the Real Estate Development Fund (REDF). A digital token representing the official property title deed was securely linked to the RER, along with a separate token representing transferable ownership rights. Compliance rules were embedded directly into the system, ensuring secure and simultaneous settlement through a delivery-versus-payment mechanism.

Commenting on the achievement, Al Hogail said the Kingdom is building a real estate sector that is digital by design, integrating PropTech and AI across planning and development. He added that linking transactions directly to official records will boost investor confidence, improve liquidity, and unlock new innovation across the sector.

Faisal Al Monai, CEO of droppRWA, noted that the end-to-end infrastructure used in the transaction was designed to embed legal enforceability directly into digital assets, creating a new class of sovereign-grade real estate assets accessible to global institutional investors.

While several global markets have introduced digital asset frameworks, Saudi Arabia is the first to implement its own property laws directly into blockchain-based transaction systems. Following this success, the infrastructure is expected to be rolled out across the Kingdom’s multi-trillion-dollar real estate pipeline.