One freehold unit, up to eight owners, everything settled in AED. ASTIN holds the ownership state, prices the season, records what each owner decided, attributes the letting revenue to the week that produced it, and carries an exit to the point where your Registration Trustee executes it. The regulated work stays where it belongs.
Not a generic template with the currency swapped. The configuration is specific to this market.
The asset record holds the unit, its shares and every interest in it. Unequal holdings are normal — one party takes two shares, another one — and the calendar and costs follow automatically.
Value, capitalisation, share price, operating budget and settlement are all in AED, with a clearly labelled EUR view for buyers who think in euros.
The year is classified for this market: the peak runs from November through March, with the maintenance window in the low summer weeks. A peak week carries 1.8× the weight of a standard one, so a 12.5 % holding receives 12.5 % of what the calendar is worth — not 12.5 % of its length.
Weeks an owner releases arrive as structured inventory with the owner already attached, so month-end settlement maps back to the right holding without reconciliation.
A share sale runs as a case — asking price, co-owner pre-emption, buyer qualification, document pack — and holds at the boundary until your Registration Trustee confirms execution. Only then does the ownership record change.
The Dubai scenario in the product demonstration is configured exactly this way, and you can click through it. The figures in it are synthetic.
Divided ownership in Dubai does not need a private structure engineered around the rules. It runs on procedures that already exist, with parties who are already licensed.
Dubai Land Department registers partial property sales, including for foreign buyers. A co-owner’s interest sits on the register rather than in a side agreement — which is the difference between an asset a buyer can resell and one they cannot.
In designated freehold areas non-UAE nationals hold registered title. Without that, a European buyer base is not possible at all; with it, the whole model is ordinary property law.
Holiday-home operation is permitted and supervised through the Department of Economy and Tourism, so the letting leg is delivered by an established local licensee rather than invented for the occasion.
Dubai Department of Economy and Tourism — holiday-home permitting authority
DLD’s real-estate tokenisation programme addresses fractional ownership and secondary transfer directly. ASTIN issues nothing and is not a token platform — the relevance is simply that the infrastructure here is moving toward divided ownership rather than away from it.
The regulated work stays with the parties licensed to do it. That is not a limitation to work around — it is why a technology supplier can enter this market at all, and why your licence is never on the line.
| Function | Performed by | ASTIN’s role |
|---|---|---|
| Sale and buyer contact | RERA-licensed broker | Documentation, coordination, record of outcome |
| Title transfer and registration | DLD Registration Trustee | Case prepared to a ready state; confirmed result recorded |
| Short-term letting | DET-permitted holiday-home operator | Structured inventory out, settlement data in |
| Funds, escrow and payment | Authorised provider | No role whatsoever |
| Legal, tax and AML/KYC | Local advisers and the regulated party | Supplies documentation; records outcomes only |
Narrow and specific: an operating system for divided ownership, and a supplier that stays a supplier.
A defined way to sell, allocate, settle and eventually transfer a share of a specific unit — instead of improvising one per deal.
Co-ownership stops being a service liability. Calendar, settlement, documents and exits run in one system rather than in your inbox.
You keep the regulated activity and the client relationship. We supply software and implementation.
One unit, one season, one full cycle — assessed on your own numbers before anything larger is discussed.
These are settled with your advisers and ours during a first engagement. We would rather name them now than meet them in the middle of a transaction.
ASTIN has not been sold or commercialised in the UAE. This page describes how the product is built to work here and what a first partner would establish with us.
The most useful first conversation is with someone who knows the local process well enough to challenge the model. If that is you, the fit review is the place to start.