Dubai has once again demonstrated its leadership in real estate innovation, with the Dubai Land Department announcing that its second tokenised property offering on the PRYPCO Mint platform was fully funded in just one minute and 58 seconds.
The digital property sale attracted 149 investors from 35 nationalities, pushing the waiting list to over 10,700 people—underscoring a growing appetite for tokenised real estate solutions in the UAE.
PRYPCO Mint, operating under the Dubai Land Department’s Property Tokenisation Initiative, allows investors to buy fractional ownership in ready properties through a streamlined, cost-effective digital process. The platform aims to make real estate more accessible, especially to younger or first-time investors.
The initiative is part of a broader strategy to integrate blockchain and tokenisation into the emirate’s real estate sector, with tokenised assets expected to play a major role in Dubai’s property market by 2033.
As demand surges, the Land Department is encouraging prospective investors to pre-register and secure access to future offerings before they sell out.
With its rapid uptake and strong international participation, Dubai’s tokenisation push is not only setting benchmarks for the region but also shaping the future of global real estate investment.
News Source: Emirates News Agency
