D
ubai has launched a pioneering tokenised real estate investment platform, 'Prypco Mint', allowing individuals to invest in property from Dh2,000. The pilot project is currently available only to UAE residents with a valid Emirates ID and is implemented in partnership with Prypco and Ctrl Alt, backed by VARA, the Central Bank of the UAE, and the Dubai Future Foundation.

    Investor funds are safeguarded through regulated accounts overseen by DLD, VARA, and the Central Bank. Property listings on the platform undergo regulatory review to ensure pricing fairness. Investors can expect returns from rental income and property value appreciation while holding a registered share of ownership under DLD oversight.

    The DLD expects tokenised assets to represent up to 7% of Dubai's property market by 2033, estimated at Dh60 billion. Global expansion and support for additional platforms are planned in future phases. The initiative promotes innovation in real estate investment, boosts awareness of virtual asset services, and attracts global companies to set up in the city.

    Real estate tokenisation uses blockchain technology to turn physical properties into digital tokens representing fractional shares. This allows individuals to invest in property based on their budget without buying an entire property, opening the market to smaller investors and first-timers. Unlike traditional crowdfunding models, tokenisation offers a more regulated, transparent, and technology-driven approach to owning real estate.