Within the real space renormalization group we obtain the phase portrait of the anisotropic quantum XY model on square lattice in presence of Dzyaloshinskii-Moriya (DM) interaction. The model is characterized by two parameters, λ corresponding to XY anisotropy, and D corresponding to the strength of DM interaction. The flow portrait of the model is governed by two global Ising-Kitaev attractors at (λ = ±1, D = 0) and a repeller line, λ = 0. Renormalization flow of concurrence suggests that the λ = 0 line corresponds to a topological phase transition. The gap starts at zero on this repeller line corresponding to super-fluid phase of underlying bosons; and flows towards a finite value at the Ising-Kitaev points. At these two fixed points the spin fields become purely classical, and hence the resulting Ising degeneracy can be interpreted as topological degeneracy of dual degrees of freedom. The state of affairs at the Ising-Kitaev fixed point is consistent with the picture of a p-wave pairing of strength λ of Jordan-Wigner fermions coupled with Chern-Simons gauge fields.