As a pilot project, Public Sale Phase One introduces you to a journey of luxury living in the heart of Dubai's bustling Business Bay.
Business Bay, a contemporary financial district, is a vibrant blend of corporate high-rises, chic apartment buildings, and upscale hotels. Along its smart waterside, you'll find a delightful array of restaurants offering everything from Lebanese cuisine to Asian street snacks and the finest seafood dishes. It's a district cherished by elite citizens from around the world.
By acquiring RST tokens through Public Sale Phase One, you gain exclusive access to a share in the rental income generated by a prestigious apartment in this area. It is important to note that the apartment is already leased and consistently generates rental income. This means token holders can enjoy a stream of earnings shortly after obtaining the tokens.
Holder Benefits:
Expected Income from the apartment is estimated at 7~10%.
RealtyX DAO commits to repurchasing these tokens at the original purchase price one year later.
Attain membership and actively participate in shaping the future of the real estate market on the blockchain.
Obtain a coveted Premium Card NFT, unlocking access to a wealth of enhanced rewards (certain rules apply).
Please note that the Expected Income is calculated as Net Rent divided by the Total Investment and does not include the potential returns from capital appreciation on the underlying asset itself.
The RealtyX Platform ensures sufficient capital for the repurchasing process, with transparent communication about related matters to the community. Further details regarding the repurchasing mechanism will be disclosed after the completion of the pilot sale. For any inquiries, feel free to join our Discord to learn more.
