When is the next project launch?

We have held our pre-launch kickoff. We have not officially launched the project yet. We have provided some insight into what participants in our ecosystem can expect in terms of our real estate assets. We attended an event in Dubai (August) and more recently in Budapest (October). To see the projects that we are working on, visit our official YouTube channel here: https://www.youtube.com/watch?v=Fi4wUHiPcco

What projects are in the pipeline?

We are currently working on 3 iconic projects. The first being Desert Pearl with two further real estate projects in our pipeline. The property projects include land, hotels, apartments and more. We are also working on a programme for a gold-backed token.

What is Desert Pearl and where will it be?
  • Desert Pearl is the first real estate tokenization project in the DDX Global pipeline. The project will be constructed in Dubai – the precise location is still being finalized.
  • Desert Pearl is envisaged as a luxury integrated community. It will feature several state-of-the-art amenities and futuristic design elements – all inspired by the rich heritage of the city.
  • In August 2023, we kickstarted the project pre-launch and we are currently working on our White Paper and compliance approval. In parallel, we are finalising the property designs and land discussions.
Who designed Desert Pearl?

We have partnered with Zhuzh Designs who have conceptualized the Desert Pearl and are also working on additional projects that can be seen on our official YouTube. channel. Zhuzh Designs are a luxury architecture and interior design company based in Dubai, with offices in Malaysia, USA and Australia.

Who will the Desert Pearl developer be?

We are still in the project planning phase so these details will be released in due course.

Does the Desert Pearl align with the Dubai Urban plan?

Desert Pearl has been designed from the start to contribute towards some of the goals of the Dubai Urban Plan 2040 and the Dubai Economic Agenda 2033, particularly around the tourism activities and green spaces outcomes. In addition, this project will create extra jobs in the Dubai region.

Will the Desert Pearl project follow a sustainable approach?

Zhuzh Designs envision the project taking a first principles approach to sustainability. Features in the architecture plans include the creation of deep overhangs to mitigate direct sunlight on glazing (reducing solar heat gain), good thermal mass to moderate extreme temperatures and in-slab cooling for more effective temperature management.

The apartments will be designed for cross ventilation when the weather permits, constructed with low carbon steel and concrete, and where possible, the usage of local materials and labour.

What does Desert Pearl consist of?

The resort is planned to have two equally luxurious sectors: the 5 Dunes, and the Pearl. The Pearl will be home to a luxury boutique hotel, the Pearl Auditorium, Astronomy Museum, The Oasis Tea Garden and a Poolside Lounge. The videos on our social platforms showcase the planned rollout for Desert Pearl, click here to view.

What is Pearl City?

The Pearl itself will highlight Arabic culture with an Astronomy Museum, the ‘Pearl Auditorium’ for live performances, and a magnificent water feature aptly named ‘The Oasis’. These features will be accompanied by a luxury boutique hotel, to be called the Oasis Hotel. 

What and where is the Oasis Hotel?
  • The Oasis Hotel will be a 6-star luxury hotel found in the Pearl and has been designed to reflect the beauty of the Arabic desert landscape.
  • The Oasis Tea Garden Lounge and Poolside Lounge offer secluded places to meet, each customized to embody the essence of an oasis.
  • The Presidential suite is a duplex complete with private amenities, created with luxury in mind.
What are the 5 Dunes?

The dunes are the buildings that will surround the Pearl. The 5 Dunes will comprise two hotels, one 6-star and one 5-star, co-branded luxury suites and luxury apartments. There are also plans for an underground retail street, a waterfront boulevard and a selection of lifestyle restaurants.

Is the design of Desert Pearl final?

Not completely – it will only be final once the land purchase is completed, and full planning approval has been achieved.

What is the timeline for the Desert Pearl project?

In August 2023, we kickstarted the project pre-launch and we are currently working on our White Paper and compliance/full licencing approval.

In parallel, we are finalising the property designs and land purchase discussions.

When will you start selling apartments?

We are planning to start apartment sales next year. Before we can do that, we need to complete the land purchase and ensure all approvals and licenses are in place. We’ll announce the actual date as soon as we are ready to launch sales.

How long is the Desert Pearl minting expected to go on?

This will be defined as part of the White paper that is being written by a specialist consultancy to ensure compliance with VARA regulations.

Why are you marketing the property when the land has not been finalised?

We are sharing the design vision with our community to build awareness and at the same time, we are working on the best site for the land. This is a common strategy for property developers as it speeds up the process of adding value to the land.

What is tokenization?

Tokenization is the process of splitting an asset into smaller parts and representing those parts as digital records stored on a blockchain. If the blockchain supports smart contracts (think “if this happens, then do that”), then tokenization enables automation as well as very robust record keeping.

The combination of these factors can then be used to increase liquidity and operational efficiencies in real estate transactions. For example, if title deeds to property were stored on a blockchain and smart contracts were in place to buy or sell a property, then it could be done within minutes if all the requirements for a sale were met.

Is tokenization legal everywhere?

Almost certainly not. This is an emerging trend across the world, but regulatory frameworks and property rights vary massively. So, for some of the more advanced markets, like Dubai, it is actively being explored and encouraged. In contrast, there are parts of Africa where land rights are “minimal”. Over time, we expect this technology to become foundational to nearly all property transactions across the developed world.

Do I need to be wealthy to be involved in the tokenization projects?
  • No, although participation may be subject to the rules relating to blockchain technologies specific to your home country.
  • If you are the owner of very high value asset and you are interested in tokenization, then please get in touch here.
How can I partake in the tokenization trend?

There will be more and more projects globally that allow participation. At this stage, our marketing partners are helping us to build our community and scale up our ecosystem.

What is minting and how does the process work?

Minting is the process of generating tokens. So, if you need 1 million tokens to represent an asset, then they need to be created in a controlled way over time, with the relevant information stored in the blockchain. The token is then operated via a smart contract with programmed logic.

Do you sell tokens directly to the public?

Currently DDX Global does not sell directly to the public, although once full licensing is complete with the Virtual Assets Regulatory Authority (VARA), this may be possible in the future. It is very specific to each project so is treated on a case-by-case basis.

How is Zeniq involved with DDX Global?

The first launchpad ecosystem is based on the Zeniq blockchain. When Desert Pearl tokens are minted (generated) by the launchpad community, they will be stored on the Zeniq blockchain.

Can you explain the numbers ($10bn) we have seen on the internet?
  • The DDX Global long-term plan is to work with multiple partners to raise capital via different channels for multiple projects over the next 3-5 years.
  • The high-level figure presented includes the potential total raised and the potential commissions for the duration of the combined projects.
  • DDX Global are not able to comment on any of our partners/collaborator’s internal sales targets.
How can the token value increase? Do I need to wait until 2029?

The token’s value can increase over time, like real estate projects. DDX Global plans to start selling apartments during 2024, potentially increasing the token’s value. During Q4-2023, we will be defining how the token will work in the White Paper.

What factors can contribute to the increase in the token’s value?

The details of how the token will behave are being finalized by a specialist consultancy writing the White Paper, but in general terms there are 3 steps:

  • Land before any design or planning is relatively cheap.
  • That same land increases in value once a design has been approved, even without the building.
  • It will increase in value again once the building is completed and operational.

These prices also reflect the state of the real estate market over the timeframe (typically about 5 years), so there are many factors driving the token price.

Does this mean the token will triple in value?

The token value is backed by the project itself, making it asset backed. However, while a guarantee isn’t possible, historically, such tokens tend to maintain or increase in value.

Can the token fall to zero ($0)?

The value of the token should never fall to zero as this is a real-world asset backed token.

How does tokenomics work?

This will be defined as part of the White paper that is being written by a specialist consultancy to ensure compliance with VARA regulations.

What is Infinity/Fashion Tower?

This is a future project by Zhuzh Designs in the DDX Global project pipeline.
Infinity is planned to be a culmination of Fashion, Art, Culture, Architecture and Ultimate Lifestyle. The plan is to build luxury apartments, a 6-star hotel, several restaurants and entertainment areas based around premium brands.

What is Solace?

Another future project by Zhuzh Designs for DDX Global, Solace is planned to be a 120m mega-yacht that will offer ultimate luxury and privacy.