Dubai's Department of Finance and the Dubai Land Department (DLD) have run the emirate's first government transaction paid with digital assets. The pilot covered the fee for issuing a property map, processed through the DubaiPay platform and settled in UAE dirhams.
How it worked
The transaction ran in a secure, closed environment designed to meet all regulatory requirements. The Digital Dubai Authority, the Central Bank of the UAE and Emirates NBD all took part.
Why it matters
The trial is part of Dubai's cashless strategy, which targets digitising 90% of financial transactions by 2026. For property owners and investors, it points to a future where more real estate service fees can be paid using regulated digital assets.
Source: Dubai Land Department, 15 October 2025. Read the full story: Original source