In a landmark achievement for the MENA region’s proptech sector, PRYPCO Mint, the first tokenized real estate investment platform, has successfully closed funding on its debut property listing within just one day of launch.

The platform, developed by PRYPCO in strategic partnership with the Dubai Land Department (DLD), and licensed by the Virtual Assets Regulatory Authority (VARA), allows fractional investment in premium Dubai real estate starting from AED 2,000. Zand Bank supports the initiative as the strategic banking partner.

The milestone listing drew participation from 224 investors across more than 40 nationalities, with the average investment coming in at AED 10,714. The overwhelming response highlights strong demand for accessible, blockchain-enabled real estate opportunities in the region.

“This milestone is a powerful validation of our vision,” said Amira Sajwani, Founder and CEO of PRYPCO. “From the outset, PRYPCO Mint was built to redefine access to real estate, making it more inclusive, transparent, and efficient. To see our first property fully funded in just a day reflects not only the strength of the concept but also a clear market demand for smarter, more accessible investment solutions. It’s a strong step forward in enabling Real Estate Freedom for all.”

Powered by Ctrl Alt’s Web3 infrastructure and backed by the Dubai Future Foundation, PRYPCO Mint turns real-world real estate assets into secure digital tokens. Each token is linked to a legally recognised Property Token Ownership Certificate issued by the DLD, providing investors the same rights as traditional property ownership—minus the administrative hassle. Token holders can benefit from rental income, capital appreciation, and liquidity.

This success underscores Dubai’s position as a global leader in tokenised real estate and aligns with the city’s broader transformation goals under the Real Estate Evolution Strategy (REES), Dubai Economic Agenda (D33), and the Dubai Real Estate Strategy 2033.

Currently, PRYPCO Mint is open exclusively to Emirates ID holders, with expansion to international investors planned in the coming months—further reinforcing Dubai’s status as a global hub for real estate innovation.

Rajiv Pillai is the Co-founder and Editor of Builtenvironmentglobal.com, a premier source for news, insights, and analysis on the built environment. With a passion for architecture, urban planning, sustainable...