Dubai: Dubai-based property tokenization platform Prypco Mint is preparing to open its investment opportunities to overseas investors, expanding beyond the current restriction to Emirates ID holders.
The announcement comes after the successful funding of its third property — a villa in the Rukan Community, Dubailand — which was fully subscribed in under five minutes, demonstrating strong demand for more accessible and innovative ways to invest in real estate.
The Dh1.75 million villa was tokenized by 169 investors from 40 different nationalities, with the average investment amounting to Dh10,355 per person.
“This rapid sell-out continues the momentum from Prypco Mint’s earlier record-breaking launches,” the platform said in a statement. “The region’s first-ever tokenised property was funded in under 24 hours, while the second sold out in a world-record time of just 1 minute and 58 seconds.”
Prypco Mint is the MENA region’s first licensed tokenized real estate investment platform, regulated by Dubai’s Virtual Assets Regulatory Authority (VARA). It operates in strategic partnership with the Dubai Land Department (DLD), enabling users to co-own real estate via blockchain-powered digital tokens.
According to market projections, tokenized real estate assets could represent up to 7% of Dubai’s total property market by 2033, potentially reaching a value of Dh60 billion.
Looking ahead, Prypco Mint has announced that two more tokenized properties will go live on July 15, providing fresh opportunities for investors to enter the Dubai property market with investments starting from just Dh2,000.
