Dubai Unveils Prypco Mint: Middle East’s First Tokenised Real Estate Investment Platform 🌍🏠
The Dubai Land Department (DLD) has officially launched the Middle East’s first-ever tokenised real estate investment platform, known as ‘Prypco Mint’. This groundbreaking initiative allows UAE residents to enter the real estate investment market with a minimum commitment of just Dh2,000. The platform is currently accessible only to individuals with a valid Emirates ID.
Pioneering a New Digital Era in Property Investment
This pilot project is rolled out in collaboration with Prypco and Ctrl Alt, and enjoys the support of the Virtual Assets Regulatory Authority (VARA), Central Bank of the UAE, and the Dubai Future Foundation. To manage banking operations for this phase, Zand Digital Bank has been chosen as the official banking partner.
Through this initiative, users can purchase fractional ownership in ready-to-own properties across Dubai via the digital portal mint.prypco.com. During the testing phase, all transactions will be conducted exclusively in UAE Dirhams, with no cryptocurrency payments allowed at this stage.
Investor Protection Is a Top Priority 🛡️
To safeguard investor funds, all capital is deposited into regulated accounts under the direct oversight of DLD, VARA, and the Central Bank of the UAE. These funds are held in a dedicated Client Money Account (CMA) structure and are released only when investment procedures are fully completed, ensuring complete transparency and investor safety.
Each property listed on the platform undergoes a comprehensive regulatory review to verify the fairness of pricing. In this initial pilot phase, only two companies—Prypco and Ctrl Alt—have been approved to list properties, with additional licensed firms expected to join in future expansions.
Returns Through Rental Income and Asset Appreciation 💰📈
Investors using the Prypco Mint platform can expect to earn returns from both rental yields and long-term capital appreciation, all while holding a legally registered share of ownership under DLD’s regulatory oversight.
According to projections shared by the DLD, tokenised assets could account for as much as 7% of Dubai’s entire real estate market by the year 2033, representing a total market value of approximately Dh60 billion.
Future Plans Include Global Expansion 🌐
Currently, the platform is limited to UAE residents, but plans for international accessibility and support for additional platforms are already in development, setting the stage for a broader, global rollout.
Tokenisation: Making Real Estate Accessible to All
Earlier in March, Dubai introduced the first phase of its real estate tokenisation initiative, designed to widen access to property ownership. This strategy enables multiple investors to co-own real estate assets through the issuance of digital tokens.
By merging blockchain technology with real estate, tokenisation transforms physical properties into fractional digital assets, allowing individuals to invest according to their budget—without the need to purchase entire properties. This opens the doors to smaller investors and first-time buyers.
Unlike traditional real estate crowdfunding models, tokenised platforms offer a more regulated, transparent, and technologically advanced way to invest in real estate. The Dubai model stands out for its robust regulatory framework, ensuring that all stakeholders—from novice investors to major developers—are protected and empowered.
Final Thoughts
Dubai’s introduction of Prypco Mint represents a transformative leap for real estate investment in the region. With strong institutional backing and a commitment to innovation, the platform is poised to reshape how people invest in property—making it more accessible, secure, and inclusive.
