A sourced timeline of Ghanem joining the REGA regulatory sandbox and launching its fractional property ownership trial, with the distinction from Muder usufruct.
Ghanem announced in November 2025 that it had joined the Real Estate General Authority (REGA) regulatory sandbox to test a fractional property ownership model. Its later launch article explains what the trial means for an investor, including the nature of the interest, registration, fees and risks.
A regulatory sandbox is a supervised test environment. It should not be described as a blanket licence for every real estate offer. Investors still need to examine the documents for a specific opportunity and the entity issuing the right.
Muder is operated by Ghanem First Information Technology. These announcements provide background on the company and Ghanem’s fractional ownership product. Muder opportunities are governed by their own usufruct contracts. For broader context, see the Ghanem milestone overview and review the documents for any opportunity you are considering.
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