June 11, 2025
Riyadh, Saudi Arabia — June 2025 — In a landmark step toward reshaping real estate investment, droppRWA, a subsidiary of droppGroup and the world’s leading sovereign-grade Web3 infrastructure provider, has announced a pioneering partnership with RAFAL Real Estate Co., one of Saudi Arabia’s premier developers. The collaboration marks the Kingdom’s first-ever Real World Asset (RWA) tokenization transaction, serving as a national benchmark for the future of tokenized property markets in Saudi Arabia.
Redefining Real Estate through Tokenization
At the heart of this initiative lies a transformative goal: to enable fractional ownership of premium real estate assets, allowing everyday Saudis to invest in the property market with as little as a single riyal. This democratized access to high-value assets supports Vision 2030’s pillars of financial inclusion, digital transformation, and citizen empowerment.
“This transaction marks a paradigm shift,” said Faisal Al Monai, Co-Founder of droppRWA. “We’re witnessing the global transformation of capital itself. With this initiative, Saudi Arabia moves to the forefront of programmable economies, creating real-world impact for citizens starting with just 1 riyal.”
Strategic Objectives and National Impact
Under the agreement:
- droppRWA and global consultancy partners will conduct a full feasibility study for real estate tokenization across RAFAL’s portfolio.
- A regulated proof-of-concept will be executed, with live RAFAL properties used for controlled transaction testing.
- The initiative will unlock access to institutional foreign direct investment (FDI) through a compliant, blockchain-based investment rail.
“This is more than technology—it’s a gateway to opportunity,” said Elias Abousamra, CEO of RAFAL Real Estate. “Together with droppRWA, we’re pioneering a new model of real estate ownership that’s inclusive, accessible, and aligned with Vision 2030’s spirit.”
Built for Vision 2030
This initiative supports multiple Vision 2030 objectives:
- Digital Infrastructure: Deploying sovereign-grade blockchain and AI systems
- Capital Market Sophistication: Launching regulated, digital investment instruments
- Citizen Empowerment: Enabling low-entry co-ownership of real estate assets
- FDI Growth: Attracting global capital with trusted, transparent frameworks
A Blueprint for the Future
This transaction is more than a milestone—it is a signal of systemic evolution. With real estate tokenization now a national priority, Saudi Arabia is poised to become a global leader in programmable economies, where wealth is accessible through digital rails rather than restricted by traditional privilege.
About RAFAL Real Estate Co.
Established in 2007, RAFAL is one of Saudi Arabia’s leading real estate developers, known for creating vibrant, premium lifestyle communities. With esteemed partners including Lafana, A.K. Al Muhaidib & Sons Group, and Arabian Tawazon, RAFAL sets high standards in design, quality, and urban living.
About droppRWA
droppRWA is the institutional-grade RWA tokenization arm of droppGroup. Built for sovereign use, it facilitates real-time, cross-border capital flows by offering compliant digital infrastructure for tokenizing assets such as real estate, commodities, and sovereign debt.
