Dubai Land Department (DLD) has launched the MENA region’s first tokenized real estate investment platform, Prypco Mint, enabling UAE residents to invest in fractional shares of ready-to-own properties starting from AED 2,000. This initiative, developed in collaboration with Prypco, VARA, the UAE Central Bank, and the Dubai Future Foundation, aims to democratize property investment while ensuring regulatory oversight and investor protection.
The platform operates exclusively in UAE Dirhams during its pilot phase and offers full transparency on property details, including pricing and risk factors. With plans to expand globally, tokenized assets are projected to represent up to 7% of Dubai’s real estate market by 2033, equating to a value of AED 60 billion (USD 16 billion). This move aligns with Dubai’s Real Estate Sector Strategy 2033 and Economic Agenda D33, reinforcing the city’s position as a global hub for smart real estate investment.
