The earthquake was felt in Masafi, on the border between Fujairah and Ras Al Khaimah. Satish Kumar / The National
The earthquake was felt in Masafi, on the border between Fujairah and Ras Al Khaimah. Satish Kumar / The National
The earthquake was felt in Masafi, on the border between Fujairah and Ras Al Khaimah. Satish Kumar / The National
The earthquake was felt in Masafi, on the border between Fujairah and Ras Al Khaimah. Satish Kumar / The National

UAE records 2.8-magnitude earthquake felt by residents


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A minor earthquake was recorded in the UAE on Monday evening, the National Centre for Meteorology confirmed.

The 2.8-magnitude quake and was recorded at a depth of 3km in Masafi, a mountainous village on the Fujairah-Ras Al Khaimah border.

It was recorded at 11.03pm.

Tremors were felt by residents, with the NCM reporting that the minor quake was felt “without any effect”.

Seismic activity is monitored by the NCM in the UAE to provide early warnings and to ensure safety.

Earthquakes are rare in the country, but tremors related to quakes elsewhere in the region – particularly from Iran – are more common.

In June, a minor quake was recorded on the UAE-Oman border.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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Updated: January 09, 2024, 6:39 AM`