April 09, 2021
The weather will be fair to partly cloudy with some low clouds appearing over the mountains in the east by afternoon.
Temperatures will reach 36°C in Abu Dhabi and Dubai today
It will feel hot during the daytime and winds will be light to moderate.
The sea will be slight in the Arabian Gulf and in the Gulf of Oman.
It will feel humid by night and into Saturday morning.
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.