Adeer Properties and droppRWA have signed an MoU to digitally code and market a multi-billion-riyal real estate portfolio using blockchain technology.
Published: November 19, 2025 at 00:00
Author: Money: Riyadh
Summary (TL;DR)
Adeer Properties and droppRWA formed a strategic partnership to digitally code and market a multi-billion-riyal real estate portfolio using blockchain technology, supporting Vision 2030 with Sharia-compliant partial ownership models and advanced digital infrastructure.
Main article
Adeer Real Estate Company and droppRWA have signed a memorandum of understanding to establish a strategic partnership aimed at delivering digital ownership solutions using blockchain technology to code and market a real estate portfolio worth billions of riyals.
The partnership includes the digitisation and marketing of major development and marketing projects—spanning residential complexes to commercial assets—and the creation of new financing structures. This supports the Kingdom’s vision to increase foreign direct investment by enabling partial ownership models that comply with Saudi regulations and Islamic Sharia.
The article notes that droppRWA has completed its first comprehensive real estate transaction in Saudi Arabia, in partnership with regulators. This established the digital infrastructure necessary to convert property rights into small, tradeable digital units using blockchain technology.
Sulaiman Al Harbi, Executive Vice President of Adeer Real Estate, said: “Adeer aims to be at the forefront of changing the real estate sector through the use of property coding. Coding converts real estate into digital units that can be traded, marketed, and sold using blockchain technology, opening investment opportunities—even in small amounts—while increasing transparency, simplifying transactions, and enhancing liquidity.”
The partnership will leverage droppRWA’s Trust Stack™, an integrated architecture that unifies legal frameworks, blockchain technology, and financial market infrastructure into a single compliant platform. Trust Stack™ supports coded development financing, Sharia-compliant digital fundraising instruments, and coded ownership of real estate assets.
Faisal Al-Munai, Chairman of droppRWA, said: “The adoption of this technology will help shape the future of urban development in the Kingdom. This ambition requires capital markets capable of keeping pace. Our cooperation with Adeer will enable us to reach global investors and provide programmable compliance across regulatory bodies and Islamic Sharia frameworks.”
He added that the partnership brings together Adeer’s strong industry presence and relationships with droppRWA’s technical capabilities, enabling the development of coded real estate projects that expand investor access, enhance liquidity, and support the modernization of the Saudi real estate market.
Quote: “Coding converts real estate into digital units that can be traded and marketed, opening investment to all while increasing transparency and liquidity.” – Sulaiman Al Harbi, EVP Adir Properties
Tags: droppRWA Adir Properties Tokenization Real Estate Blockchain Saudi Arabia
Frequently Asked Questions
Q: What is the purpose of the partnership?
A: To digitally code and market a multi-billion-riyal real estate portfolio using blockchain technology.
Q: What assets are included?
A: Residential complexes, commercial assets, and other large-scale development projects.
Q: How does this support Vision 2030?
A: By enabling partial ownership structures to increase foreign direct investment while complying with regulations and Sharia.
Q: What is Trust Stack?
A: droppRWA’s unified digital architecture combining legal, blockchain, and financial frameworks.
Key Takeaways
- Adeer Properties and droppRWA sign MoU to code and market a multi-billion-riyal real estate portfolio.
- Supports Vision 2030 by enabling Sharia-compliant partial ownership.
- droppRWA completed its first comprehensive real estate transaction with regulators.
- Partnership uses Trust Stack™ for development financing and coded ownership.
- Enhances liquidity, transparency, and investor accessibility in Saudi Arabia.