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DAMAC CITY TOWER B/B-1701, Al Wasl, DubaiP-25-24722-IAHG

DAMAC CITY TOWER B/B-1701, Al Wasl, DubaiP-25-24722-IAHG

IssuerCtrl Alt
Launch dateMay 15, 2025

DLD-25-24722-IAHG, issued by Ctrl Alt Solutions FZCO, is a tokenized real-estate interest that represents fractional ownership of the Dubai property DAMAC CITY TOWER B/B-1701, Al Wasl, Dubai, structured through a dedicated legal vehicle holding the underlying asset. Holders receive a fractional interest in the underlying Dubai real estate, DAMAC CITY TOWER B/B-1701, Al Wasl, Dubai, held through a separate legal vehicle in which investors are shareholders rather than direct titleholders. Returns derive from the underlying property with capital at risk, and no rebasing or income pass-through mechanism is published. Fees are disclosed on the platform and in trade confirmations, and may include transfer, registration, exchange, settlement, and stamp duty or other fiscal liabilities. Ctrl Alt Solutions FZCO is registered in Dubai under DMCC (No. DMCC199928) and is licensed by Dubai's Virtual Assets Regulatory Authority (VARA) for Broker Dealer and Issuer Services since May 24, 2025, under VASP Licence Number VL/25/05/002. The holder's interest is held through a separate legal entity in which investors are shareholders, segregating it from Ctrl Alt, which has no claim to the assets. Access is restricted to professional clients, eligible counterparties, and institutional investors. Digital-asset custody for UAE real-estate title-deed projects is provided through Ripple's institutional-grade custody technology. The token is issued onchain on the XRP Ledger (XRPL), which Ctrl Alt uses for Dubai Land Department real-estate title deeds. Ctrl Alt mints onchain issuance and performs real-time cap-table management, with settlement via onchain transactions and smart contracts enabling immediate transfers and trades.

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