The Dubai Land Department (DLD) has launched the Middle East’s first tokenised real estate investment platform, allowing UAE residents to invest in fractional property shares starting from Dh2,000.
The pilot platform, Prypco Mint, is being rolled out in partnership with Prypco, Ctrl Alt, and Zand Digital Bank, under the supervision of VARA, the Central Bank, and the Dubai Future Foundation.
Tokenised real estate lets users invest in ready-to-own properties through a digital portal (mint.prypco.com), without using cryptocurrency. All transactions are in UAE Dirhams, and investor funds are held in regulated Client Money Accounts (CMAs) until completion.
The platform ensures investor protection through regulatory pricing reviews and oversight. Rental income and property appreciation form the return model, with legal ownership registered under DLD.
Though currently limited to UAE residents, DLD anticipates global rollout in later phases. Tokenised assets could account for 7% of Dubai’s property market by 2033, valued at Dh60 billion, according to the department.
The project is part of Dubai’s broader push to expand access to property ownership while reinforcing its leadership in regulated virtual asset innovation.
