Revolutionizing Real Estate Investment in Dubai Through Blockchain Technology

MANTRA and MAG have joined forces to tokenize $500 million worth of real estate in Dubai, starting with the prestigious Keturah Reserve. Investors stand to benefit from an 8% APY on stablecoins, further enhanced by MANTRA's native token, OM. The initial vault is backed by a lavish $75 million mansion at The Ritz-Carlton Residences, Dubai.

MANTRA, in collaboration with MAG, a major UAE developer boasting a real estate portfolio exceeding $5 billion, aims to transform real estate investment through blockchain technology, making premium Dubai properties more accessible.

This partnership marks a significant advancement for both entities. MANTRA's blockchain infrastructure provides a secure and transparent platform for tokenization, while MAG brings its extensive expertise and portfolio to the UAE real estate market.

The primary focus will be on Keturah Reserve, an opulent residential project located in Dubai's Meydan district. Investors can access this asset class through a secure vault product, offering an appealing yield stream supported by blockchain innovations.

The total value of real estate projects earmarked for tokenization amounts to $500 million, structured across multiple tranches. This collaboration unlocks fresh investment avenues for tokenized real estate in the Middle Eastern market, positioning MANTRA and MAG as prominent regional entities.

This joint initiative is poised to establish new benchmarks in real estate tokenization, granting global investors the opportunity to tap into premium real estate assets in the UAE. Participants in the vault product can anticipate an attractive reward system, receiving an estimated 8% APY from stablecoins, augmented by MANTRA's OM token.

The initial vault will be over-collateralized for enhanced investor security, supported by a $75 million upscale mansion within the Keturah Resort's 'The Ritz-Carlton Residences, Dubai, Creekside development. MAG's robust corporate creditworthiness adds an extra layer of safety for investors.

The collaboration strives to optimize the potential for RWA compliance in the Middle East and beyond by merging MANTRA's secure RWA-focused blockchain with MAG's established presence in the UAE real estate sector. This partnership fosters a more streamlined and inclusive financial landscape, promoting access to traditional and innovative investment opportunities.

Through their combined efforts, MANTRA and MAG aim to revolutionize real estate investment by integrating blockchain technology. Investors can anticipate a new era of real estate prospects in the UAE, emphasizing security, transparency, and inclusivity.