The UAE real estate market remains a top choice for investors across markets, thanks to its strong economic growth and consistently high rental yields. Areas in cities like Dubai offer some of the best rental returns globally, reaching as high as 9%. Estate Protocol – a fractional ownership platform for real estate has brought to you the chance to invest in a piece of fractional real estate Dubai – the Harrington House. 

Here’s an in-depth look at this property and its investment potential. We’ll also look at the future of tokenization in Dubai.  

Fractional Ownership Dubai: One Bedroom Apartment in Harrington House Dubai

Harrington House is located in the heart of Jumeirah Village Circle (JVC) District 14, one of Dubai’s most vibrant neighborhoods. 

The total property value is divided into 6,125 tokens, and the price per token is set at 50 USDC or United States Dollar coin (a stablecoin pegged to the US dollar), meaning that for each token purchased, you own a portion of the property equivalent to that token’s value. Shortly, Estate Protocol will enable investors to transact using other stablecoins also. 

The minimum investment is 50 USDC, which means an investor can start owning a part of the property by buying just one token. This allows investors to participate in the property market with a low entry cost and fractional ownership.

Residents of Harrington House enjoy a variety of amenities: 

• Zen Garden: A tranquil space for relaxation.
• Leisure Pool & Deck: Perfect for unwinding and enjoying sunny days.
• Barbeque Area: Ideal for family gatherings and socializing.
• Fitness Studio: State-of-the-art equipment to support an active lifestyle.
• Kids Play Area: A dedicated space for children to enjoy and stay active.

About The Unit: Harrington House Dubai 

Harrington House is a five storey residential building in Jumeirah Village Circle, District 14. It has 92 units, including studios, one-bedroom, and two-bedroom apartments. 

Drawing inspiration from the serene beauty of the Arabian Desert, the building has great aesthetics, with neutral tones and warm colors creating a soothing environment.

The building’s standout feature is its two-storey central courtyard, designed as a social hub and has a wooden staircase, outdoor seating, a pool deck, and a Zen Garden. 

The connectivity is great too, with Dubai Mall just 20 minutes away, Palm Jumeirah 15 minutes, Burj Al Arab 17 minutes, and The Walk at JBR 19 minutes. 

Dubai International Airport (DXB) is a 26-minute drive, while Al Maktoum International Airport is approximately 34 minutes away. 

About The Building: Jumeirah Village Circle 

Jumeirah Village Circle (JVC) is a popular residential community in Dubai, known for its affordable housing options and family-friendly atmosphere. The neighborhood offers a mix of spacious villas and apartments with a variety of architectural styles. 

Far from being a concrete island, JVC has many parks, jogging tracks, and community centers too. 

Like we said, the key attraction of JVC is its affordability – making it a prime choice for individuals, families, and even tourists seeking comfort and convenience in Dubai. 

The area has seen strong growth in both sales and rental prices. JVC’s property market has performed on par with Dubai’s average for sales growth, while rental prices have exceeded the city’s average. 

Over the past year, JVC has become the most transacted area for ready sale properties and ranked second for rental transactions. 

Property prices in JVC have risen by approximately 58% since 2021, while rental rates have doubled—outpacing Dubai’s overall growth of 80% in rental increases. 

A Refresher on Real Estate Tokenization

Tokenization is the process of converting real-world assets, such as property, into digital tokens on a blockchain. 

Each token represents a part of the asset, enabling fractional ownership. Investors can easily buy, sell or trade these tokens, similar to how stocks work, but with the added security and transparency of blockchain technology.

In the case of real estate, tokenization allows multiple investors to collectively own a property by purchasing tokens, which represent their stake. This opens up investment opportunities for people who might not have the capital to purchase entire properties and brings liquidity to what is traditionally an illiquid asset class.

How to Get Started with Dubai Fractional Ownership on Estate Protocol

Getting involved in tokenized real estate on Estate Protocol is quick and easy:

• Sign Up: Create your account on the Estate Protocol platform in just a few minutes.
• Purchase Tokens: With a minimum investment of only 50 USDC, you can own a share of this prime property.
• Earn Returns: Once the lease kicks off in December 2024, you’ll start earning rental income from your investment.

What’s So Great About Fractional Ownership? 

Historically, real estate investment has demanded a huge capital amount, excluding many investors from its ambit. 

Thanks to Estate Protocol bringing in a revolution here by enabling investment in tokenized real estate, there are reduced entry barriers for investors. Investing in tokenized real estate offers other benefits too: 

• Wealth Preservation through Stable Assets: By converting local currency into stablecoins, investors can purchase property tokens on Estate Protocol, safeguarding their wealth from inflation.  
• Access to Global High-Growth Markets: Many investors lack direct access to high-performing real estate markets in their home countries. Estate Protocol opens the door to lucrative international markets, such as Dubai’s real estate market, allowing for global portfolio diversification.
• Increased Liquidity and Flexibility: Traditional real estate investments are infamous for their illiquidity, requiring a lot of time to sell and access capital. Estate Protocol changes this by enabling investors to buy or sell property tokens on secondary markets quickly, offering a new level of liquidity and adaptability. 
• Passive Income from Rental Yields: Many tokenized properties on Estate Protocol, like rental apartments generate consistent rental yields. This allows investors to earn passive income while holding stable, appreciating assets.
• Transparent and Secure Transactions: Powered by blockchain, Estate Protocol ensures that all transactions are transparent and secure. The decentralized ledger records every transaction, making ownership records tamper-proof. 

Through fractional ownership on Estate Protocol, investors can not only preserve and grow their wealth but also access opportunities previously out of reach, with the added advantage of liquidity and transparency.

The Future of Tokenization in Dubai: Revolutionizing Real Estate Investment

Dubai has long been a global leader in innovation, with its iconic skyscrapers and futuristic smart city initiatives. Now, the city is embracing another game-changing trend: tokenization. And it’s likely to work in Dubai because of its:

• Favorable Regulations: Dubai provides long-term visas, including golden visas for property investors, making the city even more attractive for foreign investment. Additionally, laws that allow foreign ownership of freehold properties in designated areas enable international investors to participate easily.
• Global Appeal: Dubai is a magnet for global investors, thanks to its strategic location, thriving economy, and high rental yields. Tokenized real estate offers an opportunity for investors worldwide to gain exposure to the lucrative Dubai property market without the need for large capital outlays.

Final Thoughts on Fractional Real Estate in Dubai 

As more real estate developers and platforms embrace this model, expect the concept to gain widespread adoption. Fractional ownership platforms like Estate Protocol are laying the groundwork, offering investors access to tokenized properties in Dubai. 

In the coming years, we’ll see more properties tokenized, from residential units to commercial buildings. This will create a more liquid, accessible, and transparent real estate market, attracting both local and international investors. Tokenization will likely become a standard part of property investment, not just in Dubai, but globally.

Estate Protocol: A Fractional Real Estate Investment Platform

Inflation erodes the value of idle assets, and while stablecoins protect against this, they alone don’t generate growth. Estate Protocol offers a way to turn your stablecoins into productive assets by investing in fractional ownership of real estate in stable, inflation-resistant economies around the world. This allows you to shield your wealth from inflation while actively growing your portfolio.

• Fractional Investment: Buy shares in properties rather than entire units.
• Global Diversification: Invest in real estate across multiple countries to hedge against local economic volatility.
• Inflation Hedge: Protect your wealth from inflation by converting stablecoins into real estate assets.
• Rental Income: Generate passive income from your fractional property ownership.
• Blockchain Transparency: Benefit from secure, transparent transactions using blockchain technology.
• Curated Properties: Handpicked, thoroughly vetted properties for secure investments.
• Low Investment Threshold: Start investing with as little as $50.

Follow Estate Protocol on X and read our blogs to stay updated about the tokenized real estate market. Start your journey of owning tokenized real estates today.