Dubai has taken a major leap in real estate innovation with the launch of the region’s first tokenised property investment platform. The initiative, introduced by the Dubai Land Department (DLD) in partnership with Prypco, allows UAE residents to invest in ready-to-own properties starting from just AED 2,000.
This pilot project is being delivered in collaboration with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE (CBUAE), and the Dubai Future Foundation (DFF). It forms part of the government’s Real Estate Sandbox initiative. Zand Digital Bank is supporting the rollout as the official banking partner.
Affordable, Regulated, and Digital-First Property Ownership
The Prypco Mint platform, available at mint.prypco.com, lets UAE ID holders purchase tokenised shares in physical real estate. Although it uses a digital framework, all investments are processed in UAE Dirhams. Importantly, cryptocurrencies are not accepted during the pilot phase.
Every listing includes full property information—such as pricing, technical specs, risk levels, and minimum investment terms. Thanks to the CBUAE’s Client Money Account (CMA) model, investors’ funds remain secure. The CMA framework ensures that funds are only transferred after transactions are finalised, offering added protection.
Ownership is legally recorded with DLD, and investors benefit from both rental returns and capital gains. Since the platform is fully managed, there’s no need for buyers to handle property upkeep. Only companies licensed by VARA can issue these tokenised assets. Currently, Prypco and Ctrl Alt Solutions are the two firms authorised to participate.
Advancing Dubai’s Vision for Real Estate Innovation
The project supports the Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033, both of which aim to position the emirate as a global hub for smart property investment. As per estimates, tokenised assets could make up 7% of Dubai’s property market by 2033—valued at AED 60 billion ($16 billion).
DLD is also overseeing pricing fairness and compliance before properties go live on the platform. This ensures transparency for all stakeholders. The broader goal is to attract more PropTech companies and talent to the region through DLD’s Real Estate Evolution Space Initiative (REES). This initiative encourages AI adoption, legal innovation, and investor-friendly regulations.
As the platform grows, global access and more integrations are expected in future phases. For now, Prypco Mint marks a pioneering step in opening real estate opportunities to a broader pool of investors under a secure, digitised, and regulated environment.
