Real Estate

Dubai-based Innovate Living Development and Dr Omar BinSulaiman, Founder and Chairman of BinSulaiman Group – OBS, have launched Omoria Private Residences, an ultra-luxury boutique residential hospitality brand. The first Omoria Private Residences will be on Dubai Islands and feature a limited collection of exclusive waterfront residences, including a signature penthouse. Each unit will offer direct […]

Dubai, UAE – Dubai’s leading developer, Binghatti Holding Ltd. (“Binghatti), announced today that it has signed a Memorandum of Understanding (‘MoU’) with Abu Dhabi Islamic Bank (“ADIB”), a leading financial institution in the UAE, to broaden and deepen Binghatti’s customer base by offering customers Sharia-compliant home-financing solutions, including off-plan property purchases.  The MoU allows the two […]

A popular crypto expert has revealed why the Dubai government chose XRPL instead of Bitcoin for its real estate tokenization project.  Earlier this week, the Dubai Land Department (DLD) announced the launch of its first-ever tokenized real estate platform, Prypco Mint. The initiative follows a partnership with multiple entities, including Prypco, the Dubai Future Foundation, […]

Dubai Land Department (DLD) has launched a pilot programme to test tokenized property investments using the Prypco Mint platform.   The initiative, which is currently limited to UAE residents with valid Emirates IDs, allows fractional ownership in Dubai real estate starting from AED 2,000. Transactions are processed solely in UAE dirhams, with cryptocurrencies excluded from […]

Dubai is piloting the Middle East’s first regulated tokenized property program, signaling its intent to lead real-world asset tokenization in the region. The project enables UAE residents to buy digital shares of local properties, starting at just 2,000 dirhams ($545), through a newly launched platform called Prypco Mint. The initiative is a joint effort involving […]

The Dubai Land Department (DLD) has launched the MENA region’s first licensed real estate tokenization initiative through the new “Prypco Mint” platform, signaling a major step forward in modernizing property investment across the Middle East and North Africa. According to an announcement by the Dubai Government, the project is being launched in partnership with Prypco […]

Ripple XRP/USD slipped 1.33% to $2.30 on Tuesday after the Dubai Land Department rolled out Prypco Mint, its government-backed real estate tokenization platform on the XRP Ledger. The move marks a milestone in on-chain property ownership but failed to spark immediate buying interest. Dubai Land Department rolled out Prypco Mint, the emirate’s first government-backed real […]

Dubai property boom: one of the fintech initiative’s aims is to make ‘fractional ownership’ (when multiple investors co-own a single property) easier I Credit: Olga Ozik (Pixabay) A government department in Dubai – the most populous city in the United Arab Emirates (UAE) – has launched what it describes as the Middle East and North […]

What is XRP at today? Well, Dubai is turning real estate into code. Backed by a $16 billion plan built on the XRP Ledger, the city’s new property Source link

In partnership with Dr. Nour ElSerougy from Innovation Experts Real Estate Institute, AYS Developers will host a record-breaking training attempt focused on selling off-plan projects in Dubai Islands. Dubai, United Arab Emirates–(Newsfile Corp. – May 27, 2025) – In alignment with the visionary declaration of His Highness Sheikh Mohamed Bin Zayed Al Nahyan endorsing 2025 […]