Real Estate

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 […]

Dubai investors can now purchase tokenised shares of “ready to own” properties, following the launch of the city’s first real estate tokenisation initiative this week. The project is being overseen by the Dubai Land Department (DLD) and the Central Bank of the United Arab Emirates. According to an official announcement issued on May 25, the […]

Dubai has taken a historic step by launching the Middle East and North Africa’s first tokenized real estate investment platform, Prypco Mint. This is a government-backed initiative. It is a collaboration between the Dubai Land Department, VARA (Virtual Assets Regulatory Authority), and the Dubai Future Foundation. It aims to position Dubai as a leader in […]