In addition to becoming an approved broker, Jibrel is able to facilitate the purchase of Emaar properties using digital assets (BTC, ETH, JNT).

Once investors are on-boarded to the Jibrel platform, they will be able to select from a portfolio of properties, complete a purchase using BTC, ETH or JNT and receive confirmation that the title has been transferred to their name.

After a purchase is complete, Jibrel will undertake all the necessary off-chain work to ensure that property ownership is transferred to the purchaser and the title is transferred to his or her name.

While the process of title ownership transfer is still hampered by off-chain regulatory limitations, this is a welcome first step towards proper real estate tokenization.