On 25 May 2025 the Dubai Land Department launched the region's first tokenised real estate project through the Prypco Mint platform, letting investors hold fractional, DLD-recorded interests in ready Dubai homes.
- Launched
- 25 May 2025 (pilot)
- Platform
- Prypco Mint
- Entry from
- AED 2,000 per investment
- Record
- DLD Property Token Ownership Certificate
How it works
A ready property is divided into tokens recorded against the DLD register. Each investor receives a Property Token Ownership Certificate from the DLD, so the fractional interest sits within the official land registry rather than only on a private platform.
At launch the pilot was open to UAE ID holders and transacted in dirhams, not cryptocurrency.
Early results
The first listing, a two-bedroom apartment in Business Bay, was reported as fully funded within about a day by 224 investors from more than 40 nationalities. A second listing in June 2025 was reported to have sold out in under two minutes.
What to weigh
A token is a fractional interest: you do not control the unit, choose tenants or decide when it is sold, and secondary liquidity depends on the platform. Treat it as a distinct asset from whole-unit ownership, which gives full control and can qualify for residency.
Platform terms, eligibility and fees change as the pilot expands. Check the platform's current terms and the DLD's announcements before committing.
Is tokenised property in Dubai regulated?
The Prypco Mint pilot was launched by the Dubai Land Department, and investors receive a DLD-issued Property Token Ownership Certificate.
Can I buy Dubai property tokens with cryptocurrency?
At launch, transactions on the pilot were settled in UAE dirhams rather than cryptocurrency.
Does a property token qualify me for a Golden Visa?
Fractional token holdings were not presented as a residency route at launch. Whole-unit ownership meeting the published thresholds remains the established path.