Prypco Mint Goes Live—Dh2,000 Entry for Tokenized Dubai Real Estate

Dubai is leading the way in real estate innovation with the launch of Prypco Mint, the Middle East’s first tokenized property investment...

Quick overview

  • Prypco Mint allows property investment from Dh2,000 for UAE residents.
  • The platform is fully regulated with oversight from VARA, the Central Bank, and the DLD.
  • Fractional ownership offers opportunities for rental income and asset appreciation, with an estimated market impact of Dh60 billion by 2033.
  • Prypco Mint plans for global expansion following the initial pilot for UAE nationals.

Dubai is leading the way in real estate innovation with the launch of Prypco Mint, the Middle East’s first tokenized property investment platform. This game changing initiative, by the Dubai Land Department (DLD), allows UAE residents to enter the property market with a minimum investment of just Dh2,000. The pilot aims to democratize real estate ownership, breaking down traditional financial barriers.

Prypco Mint is partnered with blockchain companies Prypco and Ctrl Alt and is supported by the Virtual Assets Regulatory Authority (VARA), the UAE Central Bank and the Dubai Future Foundation. During the pilot, Zand Digital Bank is the exclusive banking partner. Unlike other blockchain projects, payments are only in UAE dirhams, no cryptocurrency transactions are allowed in this phase to ensure regulatory compliance and investor protection.

Investor Protections and Platform Features

Investor safety is top priority in Prypco Mint. All funds are held in regulated client money accounts managed by the Central Bank, VARA and DLD. These accounts only release money after transaction is complete, preventing premature or unauthorized transfers.

Key platform features:

  • Fractional ownership of ready to own Dubai properties via mint.prypco.com

  • Legally registered ownership shares under DLD supervision

  • Mandatory regulatory review to ensure fair and transparent property pricing

  • Returns from rental income and property value appreciation

This structure gives investors a legally recognized property stake while maintaining high standards of transparency and security.

Market Impact and Future Expansion

The Dubai Land Department estimates tokenized real estate could be 7% of the city’s property market by 2033 – that’s Dh60 billion in assets. Initially only for UAE nationals, Prypco Mint will expand internationally to open up investment opportunities beyond the region.

Dubai is cementing its position as a global hub for digital asset regulation and blockchain innovation. This follows previous initiatives such as the March real estate tokenization and attracting global blockchain companies. Dubai also partnered with Crypto.com to allow crypto payments for government services, to integrate digital technologies into its economic infrastructure.

Summary Points:

  • Prypco Mint allows property investment from Dh2,000 for UAE residents

  • Fully regulated with VARA, Central Bank and DLD oversight

  • Fractional ownership offers rental income and asset appreciation* Dh60 billion by 2033 (7% of the market)

  • Global expansion after UAE pilot

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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