Dubai is redefining property investment in the Middle East with the launch of Prypco Mint, the region’s first tokenized real estate platform.
As reported by Gulf News on May 25, the initiative is led by the Dubai Land Department (DLD). It aims to make real estate investment more accessible by significantly lowering the entry threshold. UAE residents can now invest in real estate starting from just Dh2,000 through this pilot platform.
The launch results from the collaboration between blockchain firms Prypco and Ctrl Alt, with backing from the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and the Dubai Future Foundation. Zand Digital Bank has also joined as the official banking partner for the platform’s trial phase, reinforcing regulatory oversight and financial infrastructure.
Through the website mint.prypco.com, users can purchase fractional ownership in ready-to-own Dubai properties. While the pilot phase restricts transactions to UAE dirhams, it lays the groundwork for a more inclusive system, though crypto payments are not yet supported.
Investor protection remains central to the project’s design. All funds are secured in regulated client money accounts monitored by the Central Bank, VARA, and DLD and are only released after transaction completion. All properties must undergo a mandatory regulatory review before being listed to ensure fair market value.
Returns for investors are expected to be drawn from rental income and long-term property appreciation. Legal ownership is recognized and registered under the DLD’s oversight, providing transparency and legal assurance to investors.
Looking ahead, the DLD projects that tokenized real estate could make up 7% of Dubai’s total property market—roughly Dh60 billion—by 2033. Although available only to UAE citizens, the initiative is expected to expand globally in later phases.
Importantly, this initiative positions the DLD as the UAE’s first real estate registration authority to tokenize property title deeds, solidifying Dubai’s role as a global leader in regulated digital asset innovation.
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